Governor Raghuram Rajan

Tata-Docomo case: Is RBI right in opposing settlement?

Experts believe much will depend on whether the court buys RBI's argument that public policy will be hurt by allowing Docomo an exception to its current policy.

Reserve Bank unlikely to reduce rates before April 2017: EIU

RBI is unlikely to cut rates before April 2017, according to the Economist Intelligence Unit (EIU), which has said outgoing Governor Raghuram Rajan has tamed inflation by refusing to bow to the government's desire for lower rates.

Swamy takes potshots at Rajan's policies

Weeks before RBI Governor Raghuram Rajan demits office, BJP MP Subramanian Swamy today took potshots at him saying an IMF working paper has debunked his inflation-centric interest rate policy.

RBI nominates Dr Michael Patra as third member of MPC

In its third bi-monthly monetary policy statement, 2016-17, Governor Raghuram Rajan said: â€œMy hope is the next monetary policy statement will be by the proposed MPCâ€.

Nifty breaches 8650, Sensex falls 190 pts post RBI policy

Equity benchmarks traded near day's low in noon trade with the Nifty struggling below 8700 level after the Reserve Bank of India kept policy rates unchanged, saying monetary policy stance remains accommodative.

A report card on Rajan as he sets to announce his last policy

An era ends at RBI as Governor Raghuram Rajan is set to announce his last monetary policy. How did India‘s macros and that of the banking sector fare under him.

Next RBI chief faces balancing act on bank clean-up

Rajan was feted by investors for his efforts to deal with a mountain of bad debt clogging India's financial system, but his critics say an excessive focus on asset quality has scared banks out of lending and is partly to blame for credit growth slumping to a near two-decade low.

Rajan realised he won't get second term: Swamy

BJP MP Subramanian Swamy, who demanded sacking of RBI Governor Raghuram Rajan, today said his decision not to take a second term was good because he has realised he would not get another tenure.

RBI Guv must be given a 5-year term for stability:Rakesh Mohan

A day after RBI Governor Raghuram Rajan said no to a second term, former Deputy Governor Rakesh Mohan today said there must be a stability at the top in the central bank and favoured a minimum five-year tenure to push reforms properly.

RBI's steps on liquidity matter as much as rate action: Experts

Anant Narayan of Standard Chartered Bank said he would be looking for RBI's decision on how to infuse liquidity into the system, and not just rate hikes.

RBI should be allowed to take its own decision: Rajan

RBI has been enjoying full autonomy and support of the government so far and it should be allowed to take its own decision, Governor Raghuram Rajan has told the central bank's staff.

Watching inflation, monsoon to decide interest rate: Rajan

RBI is closely watching inflation data as well as monsoon rain forecasts for deciding on further interest rate cuts and the monetary policy still remains in the "accommodative mode", Governor Raghuram Rajan said.

RBI exploring modalities of oil payments to Iran: Rajan

The Reserve Bank of India is holding discussions with Tehran on modalities of payment of reported dues of USD 6.5 billion for oil imports, Governor Raghuram Rajan today said.

RBI sees economy growing at 7.4% in FY16; above WB projection

The 6th Bimonthly Monetary Policy Statement, 2015-16, announced by RBI Governor Raghuram Rajan has pegged the growth to quicken to 7.6 percent in the next fiscal.

Budget key for reforms, lowering inflation: Raghuram Rajan

In particular, he said, the central bank would look for steps on investments, training, and skill development that could help lower pace of inflation.

Rajan says RBI working to clean up lenders' balance sheets

India's banking sector, dominated by two-dozen state-run lenders, is suffering from its highest stressed-assets ratio in 13 years as an economic slowdown hit company earnings, exposing the sector's history of profligate lending.

Arun Jaitley favours raising public spending to boost growth

India has been growing by 7-7.5 percent, and for the country to accelerate, all sectors have to contribute, he said at the MGNREGA Sammelan-2016 here.

Rajan says rupee needs some more depreciation

Governor Raghuram Rajan today said there is a need for some depreciation of the rupee so that we don't become uncompetitive against other economies even as the Reserve Bank continues its fight to lower inflation.

Key events to watch out for next week on Dalal Street

Analysts strongly expect the RBI governor Raghuram Rajan to cut repo rate by 25 basis points in monetary policy that is scheduled on September 29, citing lower CPI inflation despite disappointment over monsoon rains.

RBI may cut rate by 25 bps; lower inflation target: Pros

Economists say the key takeaway from the RBI monetary policy would be the inflation target by Governor Rajan.

RBI hires outside talent to boost market nous

Since taking the helm in late 2013, RBI Governor Raghuram Rajan has set out to bring fresh ideas to the conservative institution and has eyed recruiting more specialists from outside, but they have been few and far between.

Rate decision shows division at top of RBI

Although supported by Rajan, who believes it will bring transparency, a committee will nonetheless put the onus on him to convince other members of his views, and divisions are likely to become public, as MPCs typically release minutes or voting patterns.