Search For "rbi"
Reserve Bank cuts repo rate by 25 bps to 6.25 percent
Updated : 8 years, 7 months ago IST
New Delhi [India], Oct 4 (ANI): The Reserve Bank of India (RBI) on Tuesday announced a rate of by 25 basis points to 6.25 percent, as a newly set up panel felt that inflation levels were low enough to reduce loan rates.
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Eyeing growth, Patel sends dovish signals on inflation ahead of RBI policy
Updated : 8 years, 7 months ago IST
New Delhi [India], Oct 4 (ANI): In his first interaction with economists as the Reserve Bank of India (RBI) Governor, Urjit Patel has downplayed the risk of inflation sighting several factors including the Goods and Services Tax (GST).
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Inflation below RBI's 2017 target, room for rate cut, says HSBC
Updated : 8 years, 7 months ago IST
New Delhi [India], Oct 4 (ANI): The inflation is likely to remain below the RBI's early 2017 target of five percent for the next 12 months, as per the latest HSBC report.
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Sensex, Nifty steady ahead of RBI policy; ONGC up four pct
Updated : 8 years, 7 months ago IST
New Delhi [India], Oct 4 (ANI): The market on Tuesday remained steady ahead of the Reserve Bank of India's monetary policy review. The Sensex traded up 73.16 points or 0.3 percent at 28316.45, while the Nifty traded up 21.75 points or 0.2 percent at 8759.85.
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RBI to announce monetary policy review today
Updated : 8 years, 7 months ago IST
New Delhi [India], Oct. 4 (ANI): The Reserve Bank of India (RBI) will announce its monetary policy review today.
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Jaitley hopes PSBs are able to transmit cuts in policy rates by RBI
Updated : 8 years, 7 months ago IST
New Delhi [India], Sept. 16 (ANI): Finance Minister Arun Jaitley on Friday expressed hope that the public sector banks would tighten up to a point where they are able to transmit cuts in policy rates by the Reserve Bank of India (RBI).
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Patel assumes charge as RBI's the twenty-fourth Governor
Updated : 8 years, 7 months ago IST
New Delhi [India], Sep 5 (ANI): The Reserve Bank of India's new Governor Urjit Patel, who has maintained a contrasting low-profile has assumed charge as the twenty-fourth Governor of the Reserve Bank of India effective September 4, 2016 after serving as Deputy Governor since January 201
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Outgoing RBI Gov Rajan argues for independent central bank
Updated : 8 years, 7 months ago IST
New Delhi [India], Sep 3 (ANI): Explaining the ups and downs in terms of macro-challenges, policy choices and managing fiscal and monetary flanks of the stabilization policy, outgoing Reserve Bank of India (RBI) Governor Raghuram Rajan today argued for independent central bank for the countr
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Banks should increase provision coverage ratio, says RBI Deputy Governor
Updated : 8 years, 7 months ago IST
New Delhi [India], Aug 30 (ANI): In view of rising Non-performing assets of banks, the provision coverage ratio (PCR) of banks should be increased, Deputy Governor of the Reserve Bank of India (RBI), N. S Vishwanathan said at an ASSOCHAM event held in New Delhi today.
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Rajan has no degree in economics, Patel has a PhD: Swamy
Updated : 8 years, 7 months ago IST
New Delhi [India], Aug. 26 (ANI): Expressing his approval over the selection of Urjit Patel as the new Reserve Bank of India (RBI) Governor, Bharatiya Janata Party (BJP) leader Subramanian Swamy has said that he has high hopes from Raghuram Rajan's successor.
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RBI issues clarification on S4A norms for NPAs to banks
Updated : 8 years, 7 months ago IST
New Delhi, Aug. 25 (ANI): The Reserve Bank of India (RBI) has issued a clarification with respect to norms of its Scheme for Sustainable Structuring of Stressed Assets (S4A), which allows the bankers to restructure debt of companies in default.
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There are high expectations from new RBI Governor: says Economic Affairs s
Updated : 8 years, 7 months ago IST
New Delhi, Aug 22 (ANI): Economic Affairs secretary Shaktikanta das on Monday said that there are high expectations from upcoming Reserve Bank of India Governor Urjit Patel, once he takes charge on his office on September 4.
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