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Reserve Bank of India
RBI to take steps to check excessive volatility in forex market RBI to take steps to check excessive volatility in forex market Amid the rupee touching nearly 9- month low against the US dollar, Reserve Bank of India (RBI) Friday said it will continue to take steps to check excessive volatility in the currency market.
Majority of experts on RBI panel were for status-quo in rates Majority of experts on RBI panel were for status-quo in rates The Reserve Bank today said majority of external members on its advisory panel were not in favour of easing interest rate, though it went ahead with a 0.25 per cent cut while announcing 2013-14 annual monetary policy earlier this month.
RBI says next series of IIBs could be linked to CPI, too RBI says next series of IIBs could be linked to CPI, too The Reserve Bank Monday said the soon-to-be-launched inflation index bonds could also be linked to consumer price index in the future.
Let RBI be sole regulator for all home loans: SBI Let RBI be sole regulator for all home loans: SBI The State Bank of India Saturday suggested that the Reserve Bank of India should be the regulator for all home loans provided by banks or housing finance companies.
RBI or SEBI should create awareness against ponzi schemes: SBI RBI or SEBI should create awareness against ponzi schemes: SBI In the backdrop of the chit fund scam, the State Bank of India today said Reserve Bank of India or Securities and Exchange Board of India should take up major campaigns to create awareness among investors being lured to ponzi schemes.
Forex reserves down $616.4 mn to $293.69 bn Forex reserves down $616.4 mn to $293.69 bn The country's forex reserves slipped for the second consecutive week, dipping by USD 616.4 million to USD 293.69 billion on a fall in currency assets, the Reserve Bank said Friday.
RBI can buy $9 bn more forex from market: BofA-ML RBI can buy $9 bn more forex from market: BofA-ML The Reserve Bank, which had bought USD 840 million of forex in March in an effort to shore up the reserves after a two-year hiatus, has leg room to snap up USD 9 billion more from the market, brokerage Bank of America Merrill Lynch (BofA-ML) said in a report Thursday.
RBI to take note of falling inflation in next policy review RBI to take note of falling inflation in next policy review Reserve Bank of India has said it would take into account falling inflation while deciding on policy initiative in its review next month.
RBI to launch inflation-linked bonds on June 4 RBI to launch inflation-linked bonds on June 4 The Reserve Bank on Wednesday announced it will launch inflation-linked bonds every month, starting June 4, to attract household savings of up to Rs 15,000 crore this fiscal so as to discourage investments in gold.
'Inflation at 3-yr low unlikely to prod RBI in June' 'Inflation at 3-yr low unlikely to prod RBI in June' In the backdrop of a sharp fall in the headline inflation readings to the RBI's comfort level of below 5 percent and falling consumer price inflation (CPI), the central bank is unlikely to cut lending rates in the upcoming review next month, research firms said Tuesday.
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