Mumbai, Aug.16 (ANI): Reserve Bank of India (RBI) Governor Raghuram Rajan on Tuesday appealed to the government to take steps to ensure a levelling of imbalances in pay scales in public sector banks (PSBS) to ensure greater fiscal efficiency and effectiveness.
New Delhi, Aug 9 (ANI): Reserve Bank of India (RBI) Governor Raghuram Rajan in his last monetary policy review kept the repo rates unchanged at 6.5 percent and the Cash Reserve Ratio (CRR) unchanged at four percent.
New Delhi, July 18 (ANI): Raghuram Rajan, who will be demitting office as the Reserve Bank of India (RBI) Governor in less than two months, today said that the rupee level currently is pretty reasonable and any attempt to devalue it may lead to a surge in inflationary pressures and offset an