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Reserve Bank Of India

Apr 18, 2015 at 10:42 | Source: PTI
The World Bank chief Jim Yong Kim on Friday said that the "strong visionary leadership" of Prime Minister Narendra Modi has resulted in "extraordinary effort" by India on financial inclusion of its people.
Apr 17, 2015 at 12:34 | Source: PTI
International Monetary Fund projected that India will overtake China as the fastest growing emerging economy in 2015-16 by clocking a growth rate of 7.5 percent , helped by its recent policy initiatives, pick-up in investments and lower oil prices.
Apr 17, 2015 at 10:11 | Source: Reuters
The government and the RBI have been at odds over several proposed changes to regulation, including the creation of an independent public debt management office and the specific composition of the planned monetary policy committee.
Apr 16, 2015 at 18:43 | Source: PTI
Interest subvention of 2 percent was made available to banks on funds used for short-term crop loans up to Rs 3 lakh per farmer provided they make available short term credit at the ground level at 7 percent for the year 2014-15.
Apr 16, 2015 at 11:32 | Source: CNBC-TV18
Deepali Bhargava, economist, Credit Suisse says it will be important to see how the unseasonal rains impact prices going ahead. She says the RBI may cut rates in June policy. But she expects a pause on rate cuts post June 2015.
Apr 16, 2015 at 10:47 | Source: Moneycontrol.com
Shares of Eicher Motors gained 3 percent intraday Thursday after the RBI yesterday said FIIs/RFPIs can now invest up to 49 percent under PIS in company.
Apr 16, 2015 at 10:05 | Source: CNBC-TV18
According to an RBI note: Term deposits of Rs 15 lakh and below must have premature withdrawal facility. For deposits above Rs 15 lakh, banks may or may not offer premature withdrawal.
Apr 15, 2015 at 22:03 | Source: CNBC-TV18
RBI plans to use Twitter to send alerts on new announcements in real time. Its YouTube channel will contain all the press conference coverage and interviews of the top management, and even films targeted at consumer literacy.
Apr 15, 2015 at 21:29 | Source: PTI
RBI believes this to be a policy decision as the ATM facility was made available with a view to reduce "cash usage and increase electronic transactions in the country"
Apr 15, 2015 at 17:39 | Source: PTI
The Minister's statement assumes significance as Reserve Bank (RBI) Governor Raghuram Rajan had recently said that the central bank is looking at allowing full capital account convertibility in a few years.
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R Jagannathan

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Budget  

, vegetables and eggs, meat and fish. My colleague in the agriculture ministry will announce the measures intended to improve supplies. We also believe that high interest rates are a consequence of high inflation. We will thus encourage and support the Reserve Bank of India to manage interest rate policies

11.22 AM Jul 8th 2014

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Economy  

Source:Calcutta Telegraph News - Mumbai, July 4: The Reserve Bank of India (RBI) today said it would issue guidelines for both on-tap and niche banking licences this fiscal, keeping the hopes alive for those who had missed out in the previous round. RBI deputy governor R. Gandhi today said

7.03 PM Jul 7th 2014

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Currencies  

Source:NDTV Profit - The rupee was trading at 59.80/81 versus its close of 59.73/74 on Friday as the Reserve Bank of India (RBI) stepped up dollar purchases while a fall in the domestic sharemarket also hurt. The apex bank has been spotted buying dollars sporadically via ...

2.43 PM Jul 4th 2014

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Bank of India  

Source:NDTV Profit - Mumbai: The Reserve Bank of India (RBI) will issue the guidelines that will be used to grant on-tap and differentiated banking licenses later this year, Deputy Governor R Gandhi told reporters on the sidelines of an event on Friday. Mr Gandhi also said

2.41 PM Jul 4th 2014

molly555

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GOL Offshore  

Overseas investors can now buy up to 74 percent of Bharti Airtel`s paid up capital, the Reserve Bank of India said. "The RBI has today advised that foreign institutional investors (FIIs)/registered foreign portfolios investors can now invest up to 74 percent of the paid up capital of Bharti Airtel

8.43 PM Jul 3rd 2014

rajibpradha
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Rei Agro  

Consortium of bank( all the lenders) has refered this company`s to Corporate Debt Restructure Cell. But Bank of India has filed petition before honourable kolkata High Court for wind up against its debt. Corporate Debt Restructure is fully at the mercy of Reserve bank of India directives. Lenders

2.44 PM Jul 3rd 2014

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Source:NDTV Profit - Mumbai: Dutch Queen Maxima, who is also the UN Secretary General's Special Advocate for Inclusive Finance for Development, has praised the Reserve Bank of India's (RBI) work on financial inclusion. "(The RBI has) one of the most comprehensive and ...

12.33 PM Jul 3rd 2014

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Bank of India  

Source:Economic Times - MUMBAI: A formal definition of the poverty line may not be necessary to determine financial services for the poor, Reserve Bank of India (RBI)governor Raghuram Rajan said on Wednesday. Speaking to journalists after meeting Queen Maxima of the Netherlands, Rajan said

12.31 PM Jul 3rd 2014

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Bank of India  

Source:Economic Times - MUMBAI: The Reserve Bank of India (RBI) said on Wednesday it has sought quotes from banks to swap gold in its own vaults for international-standard gold, aiming to improve the management of its reserves. The RBI said the operation would

12.12 PM Jul 3rd 2014

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Banking & Financial Services - Sector  

Source:Economic Times - MUMBAI: Old isn`t always gold — at least, not for the Reserve Bank of India (RBI). There is a plan to swap some of the old gold lying in RBI`s Nagpur vault since pre-Independence times — and whose quality is not exactly top grade — with purer gold. The country`s monetary

12.08 PM Jul 3rd 2014

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