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MUMBAI: India’s central bank likely intervened in foreign exchange markets on Tuesday after the rupee breached the key 54 level against the dollar, nearly hitting its lifetime low, dealers said. India’s Reserve Bank of India (RBI) is ...
May 15, 2012 at 05:03 | Source: DAWN Group
The Reserve Bank of India will probably be unable to lower borrowing costs until October-to-December, Goldman Sachs Group Inc. said today as it downgraded its growth forecast for the country. “The RBI has limited room to prop up the rupee ...
May 25, 2012 at 07:21 | Source: Bloomberg
MUSSOORIE, India, May 24 (Reuters) - The Reserve Bank of India may consider directly selling dollars to oil marketing companies in an attempt to arrest a further fall in the rupee, which has hit record lows for seven consecutive sessions.
May 24, 2012 at 12:30 | Source: Reuters UK
The Reserve Bank of India bought Rs 11194 crore  ($2.02 billion) of government bonds through open market operation ( OMO) on Friday, lower than the notified Rs12000 crore. The RBI bought the 9.15 percent bonds maturing in 2024 at Rs 104.73 ...
May 26, 2012 at 06:58 | Source: firstpost.com
REUTERS - The Reserve Bank of India (RBI) announced further measures on Monday to curb speculative trading in the foreign exchange market, but the move failed to halt the rupee's slide to another record low. The administrative measures ...
May 22, 2012 at 09:55 | Source: Reuters India
MUMBAI May 21 (Reuters) - Net overnight rupee open position limit for Indian banks shall not include positions taken in the currency futures and options segment, the Reserve Bank of India said on Monday. Positions taken in the futures and ...
May 21, 2012 at 14:50 | Source: Reuters
MUMBAI -(Dow Jones)- India's foreign exchange reserves fell by $1.80 billion to $290 billion in the week ended May 18, central bank data showed Friday. The Reserve Bank of India's weekly statistical supplement showed reserves fell due mainly to ...
May 25, 2012 at 11:46 | Source: NASDAQ
Mukherjee told media here that the Reserve Bank of India (RBI) is taking steps to arrest the rupee's depreciation. "There are a lot of reasons for this (depreciation). There is demand and supply in the market. In the US, there is surplus investment.
May 27, 2012 at 10:32 | Source: Newstrack India
India has had a long history of initiatives to bring about financial inclusion since 1947. The Reserve Bank of India (RBI) and the ministry of finance have been striving to achieve financial inclusion through a series of programmes starting with ...
May 24, 2012 at 16:55 | Source: Hindustan Times
Reserve Bank of India issued draft guidelines for the implementation of Basel III framework across the Indian banking industry beginning from January 2013. India's GDP grew by 6.1% in the third quarter of fiscal year 2012, recording its worst performance ...
May 25, 2012 at 04:15 | Source: PR-USA.net