Reserve Bank Of India

Jul 07, 2015 at 13:27 | Source: PTI
According to an RBI statement, the exchange rates for the pound and the yen against the rupee were quoted at 98.8585 and 51.67 per 100 yen, respectively, based on reference rates for the dollar and cross-currency quotes at noon.
Jul 07, 2015 at 11:45 | Source: CNBC-TV18
Other than government projects, most stalled projects in the private sector were in power, roads and steel, says IDBI Bank executive director RK Bansal. While the situation has improved as far as power and road sectors are concerned, steel continues to remain a concern.
Jul 05, 2015 at 12:29 | Source: PTI
Micro-finance institution Bandhan Financial Services, which got the final license from Reserve Bank of India to start universal banking, would formally start operations as a banker from August 23.
Jul 04, 2015 at 16:12 | Source: PTI
In case of Greece's exit (Grexit) from the Eurozone, foreign portfolio investment (FPI) equity inflows into India could stall as markets would swing to risk off, Bank of America Merrill Lynch said in a research report.
Jul 03, 2015 at 11:03 | Source: Reuters
The Nikkei Services Purchasing Managers' Index, compiled by Markit, dropped to a 15-month low of 47.7 in June from May's 49.6, well below the 50-level that separates growth from contraction.
Jul 03, 2015 at 08:00 | Source: PTI
SBI Chairman Arundhati Bhattacharya said although the rates in the commercial papers are lower, banks can only match those rates once credit growth picks up.
Jun 22, 2015 at 11:24 | Source: Reuters
Reserve Bank of India (RBI) Governor Raghuram Rajan has cut interest rates three times this year to boost growth, but he has since warned he will not cut again if poor rains drive up prices and threaten his inflation target.Bond and stock traders in Mumbai have been left compulsively checking weather forecasts.
Jun 20, 2015 at 15:23 | Source: PTI
Coming down hard on cooperative banks, RBI Deputy Governor R Gandhi said their share is below 5 percent despite large number, as they have not kept pace with technological advances and lack professionalism.
Jun 20, 2015 at 13:54 | Source: PTI
The country's foreign exchange reserves rose by USD 1.57 billion to USD 354.29 billion for the week ended June 12 on a surge in core currency assets, the Reserve Bank said.
Jun 20, 2015 at 13:26 | Source: CNBC-TV18
Purav Jhaveri of Franklin Templeton expects the economy to improve with correction in the market and better earnings in future.
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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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