The RBI is close to finalising the guidelines for new bank licences, Duvvuri Subarao, the governor of the Reserve Bank of India said on Tuesday. The central bank has responded to the government`s recommendations, and is awaiting New Delhi`s response on the points raised by the RBI, Subbarao said.
7.12 PM Feb 6th 2013
-budget consultations%u2019 exercise with Financial Sector Regulators and was attended among others by Dr. D. Subbarao, Governor, RBI, Shri U. K. Sinha, Chairman, SEBI, Shri Yogesh Agarwal, Chairman, PFRDA, Shri J. Hari Narayan, Chairman, IRDA, Shri R.S. Gujral, Finance Secretary, Dr. Arvind Mayaram, Secretary
11.29 AM Feb 4th 2013
Dear dreamcatch, 1. Frankly, I expected RBI Gov Mr Subbarao to declare a NIL repo-rate cut, and engage into OMO manoeuvres. I would guess that the pressures from the Industrialists and Bankers was a bit overwhelming, and to appease them RBI Gov threw-in some bones to quiten powerful voices like Mr
12.42 PM Feb 1st 2013
Source:Economic Times - MUMBAI: Lenders made some guarded cuts in interest rates a day after bank chiefs promised Reserve Bank of India governor D Subbarao that they will pass on the benefits of reduction in policy rates to borrowers. While HDFC Bank and Federal Bank have brought down auto loan
8.04 PM Jan 31st 2013
Source:DNA India - It isn t just inflation that the Reserve Bank of India (RBI) is watching. It s also the current account deficit, or CAD. A day after announcing a 25 basis point cut each in the repo rate and the cash reserve ratio, RBI governor D Subbarao threw water on hopes that with inflation
2.27 PM Jan 31st 2013
Dr Subbarao Head was still halkish and his act does not match his words he said. He has estimated lower growth projection whereas steps of 0.25% repo rate cut was meant to give momentum to growth. So in my opinion this time he was forced by the media and industry to cur rate althoush he did
11.21 PM Jan 30th 2013
Source:Business Standard - P Chidambaram will not have to walk alone on growth anymore. Two months after the finance minister made a public statement on his disappointment over the Reserve Bank of India s ( RBI s) refusal to reduce interest rates, Governor D Subbarao has finally blinked. RBI
1.31 PM Jan 30th 2013
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