Aug 20, 2016 04:25 PM IST
At the book launch event of former Reserve Bank of India Governor Duvvuri Subbarao's Who Moved My Interest Rates, former Finance Minister P Chidambaram took part in a panel discussion and offered his take on some of contentious issues raised by the ex-central bank chief.
- Jul 25, 2016 05:27 PM IST
Terming Reserve Bank Governor Raghuram Rajan's decision to not seek an extension as 'surprising', his predecessor Duvvuri Subbarao says the economy would have been benefited immensely if he had continued.
- Aug 29, 2013 07:32 PM IST
The Reserve Bank of India's outgoing Governor Duvvuri Subbarao on Thursday emphasised the central bank's policy is not to resort to capital controls but said it must maintain its focus on stabilising markets.
- Aug 13, 2013 11:30 AM IST
The cash reserve ratio, or the amount of cash lenders must deposit with the Reserve Bank of India, stands at a record low of 4 percent. Meanwhile, the statutory liquidity ratio, which includes securities such as government bonds, stands at 23 percent.
- Aug 07, 2013 08:22 AM IST
Rajan said he does not have a 'magic wand' to cure the ills of the economy but promised to tackle the challenges by working closely with the government.
- Jul 25, 2013 11:42 AM IST
Vivek Rajpal, Rates Strategist, Nomura India believes that the liquidity tightening measures by RBI are temporary in nature. However, he does not expect any further tightening in the upcoming policy.
- Jul 15, 2013 11:59 AM IST
RBI Governor Subbarao had to cancel his visit to a Mumbai College after he was urgently called for a meeting with the finance minister and prime minister.
- May 02, 2013 11:53 AM IST
Pratip Chaudhuri, chairman of State Bank of India is expecting a 100 basis point cut in cash reserve ratio (CRR) from the Reserve Bank of India (RBI), which will announce its fourth quarter (January March) credit policy on Friday.
- Mar 19, 2013 09:39 AM IST
Like most market experts, Leif Eskesen, chief economist -India & ASEAN, HSBC expects the Reserve Bank of India (RBI) to cut repo rate by 25 basis points and keep the cash reserve ratio (CRR) rate unchanged.
- Mar 08, 2013 10:08 PM IST
High inflation can not be the new normal. That's the word coming in from the RBI Governor D Subbarao. He reiterated today that India's near-term inflation target remains around 5%. He demolished the argument for keeping India's near term inflation target higher, reports CNBC-TV18's Latha Venkatesh.
- Feb 18, 2013 10:39 AM IST
With the Union Budget just a few days away and January's inflation standing at 6.6 percent, RBI Governor, D Subbarao says that while there is a room for monetary easing over the next few months, it will, however, be limited.
- Feb 11, 2013 02:58 PM IST
Reserve Bank Governor Duvvuri Subbarao today cautioned the country was headed for the highest ever current account deficit this fiscal, after it rose to 5.3 percent of GDP in the second quarter.
- Jan 28, 2013 05:11 PM IST
Reserve Bank of India is going to review its credit policy on January 29 and after a long wait there has been a distinct fall in month on month wholesale price index numbers in November and December. It is believed that it would make it easier for the governor to oblige with a rate cut but, there is a looming ugly figure on the external front.
- Jan 28, 2013 04:40 PM IST
The expectations of a rate cut by RBI tomorrow is almost unanimous. A CNBC-TV18 poll among bankers and economists shows that 95% expect the central bank to cut the repo rate. However, it is a divided house on the question of RBI turning its policy stance from hawkish to dovish, reports CNBC-TV18‘s Gopika Gopakumar.
- Jan 16, 2013 12:21 PM IST
The Reserve Bank of India Governor's hawkish statement that the situation in India was not conducive for a fiscal or monetary stimulus has dented mood in the bond market. Bond prices fell sharply and yields were rising 8.5% steadily.
- Oct 31, 2012 06:17 PM IST
A day after the RBI disappointed markets by not cutting repo rates, which was expressed vocally by the finance minister, RBI Governor Subbarao accepted the government is sensitive about the need to expedite projects. He said, there is scope to ease rates in the fourth quarter of FY13.
- Sep 18, 2012 01:00 PM IST
The RBI governor D Subbarao had to explain why the Department of Economic Affairs (DEA) stopped pursuing the matter. He has told the JPC that the FM and A Raja had agreed on the licence allocation.
- Jul 31, 2012 07:16 PM IST
The central bank today did the expected leaving key policy rates unchanged. The RBI left the repo rate at the existing 8% and cash reserve ratio (CRR) at 4.75% but threw in a surprise, cutting the statutory liquidity ratio from 24% to 23% effective August 11.
- Jul 17, 2012 04:28 PM IST
Amid widespread demand for cut in interest rate in the forthcoming monetary review to boost growth, RBI today said the policy rate is not the only reason for slowdown in investments and the economy.
- Jun 19, 2012 05:46 PM IST
The RBI Governor said that it was inevitable that some growth would have to be sacrificed to rein in inflation. Interestingly, the Governor has said there's no room for a blame game.
- May 17, 2012 11:04 AM IST
Even though increasing vegetable price in April is a major cause of worry, Chetan Ahya, Morgan Stanley is expecting the Reserve Bank of India to cut rates this year.
- Apr 18, 2012 05:26 PM IST
It was a range bound session as the market took its time to digest the RBI rate cut and map out the road ahead. The Nifty gained just 10 points to close at 5,300 while the Sensex shut shop with a 34 point gain, at 17,400.
- Apr 16, 2012 03:20 PM IST
With inflation data in line with market expectations, Dhawal Dalal of DSP BlackRock Investment Managers believes that the Reseve Bank of India will introduce a rate cut in its forthcoming policy meeting.
- Apr 14, 2012 12:10 PM IST
The RBI Governor is going to cut policy rates. That's the consensus of a CNBC-TV18 poll of bankers and economist which shows that 85% expect Subbarao to cut repo rate on April 17.
- Feb 01, 2012 10:12 AM IST
When central banks conduct open market operations (OMOs) driven by a need to provide liquidity to support government borrowing or reduce yields rather than for liquidity management,