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May 18, 2013
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Reserve bank of India
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
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
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
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
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
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'
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.
RBI did not increase CD ratio in Tripura: Minister
Despite requests by Tripura government, Reserve Bank of India (RBI) or Union Finance ministry has not taken initiative to increase Credit Deposit Ratio of the nationalised banks operating in the state, Tripura Finance Minister Badal Chowdhury told the assembly Tuesday.
RBI eases overseas borrowing rules in housing, aviation sector
The Reserve Bank Tuesday eased overseas borrowing norms to allow companies access to cheaper funds for key infrastructure sectors.
Don't staple, issue only clean notes: RBI to banks
The Reserve Bank has directed banks to do away with stapling of note packets and issue only clean currency notes to the public.
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