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Rajan hints at gradual easing of gold import curbs

Last Updated: Wednesday, April 02, 2014, 19:42

Earlier this week, Finance Minister P Chidambaram had indicated that the government might further ease restrictions on gold imports after the monetary policy.

Developers hails RBI policy; demand easing of interest rate

Last Updated: Wednesday, April 02, 2014, 09:03

The statement of RBI governor predicting fall in CPI was a big reassurance, Jain said.

Rajan says payment banks on the anvil

Last Updated: Tuesday, April 01, 2014, 23:14

"The point is, we should not be giving licence every 10 years...The hope is to make this an ongoing process," Rajan said, stressing the need to go beyond current practice.

RBI chief says current policy rate appropriately set

Last Updated: Tuesday, April 01, 2014, 17:31

The central bank left its policy interest rate unchanged, as expected, and said it does not expect further near-term policy tightening if headline inflation continues to ease towards the bank`s targeted level.

RBI allows foreign investors to hedge currency risks

Last Updated: Tuesday, April 01, 2014, 16:03

To improve risk mitigating environment in the country, the Reserve Bank on Tuesday allowed overseas investors to hedge their currency exposure.

RBI should have cut interest rate to revive growth: Industry

Last Updated: Tuesday, April 01, 2014, 15:26

Emphasising that revival of growth should be the number one priority of the RBI at this time, industry groups said apprehensions about inflation rearing its head again may prove to be misplaced.

El Nino may have a bearing on inflation: RBI

Last Updated: Tuesday, April 01, 2014, 14:37

Wholesale price-based inflation eased to a nine-month low of 4.68 percent in February.

Rajan warns state-run banks against year-end window-dressing

Last Updated: Tuesday, April 01, 2014, 14:18

The year-end should not be a time for any spectacular changes in the banking system and must pass smoothly, Rajan said.

RBI monetary policy review: Key highlights

Last Updated: Tuesday, April 01, 2014, 12:38

Economic growth for 2014-15 expected at 5.5 percent.

No change in EMIs likely as RBI keeps interest rate on hold

Last Updated: Tuesday, April 01, 2014, 12:10

The RBI, in its first bimonthly monetary policy statement, left the short-term lending rate or repo rate unchanged at 8 percent and the cash reserve ratio static at 4 percent.

Raghuram Rajan says current policy rate appropriately set

Last Updated: Tuesday, April 01, 2014, 11:51

The Reserve Bank of India should not be in the business of bailing out banks by infusing cash to make up for year-end distortions and the current policy rate has been appropriately set, the central bank chief said post the policy review on Tuesday.

RBI offers no respite to borrowers; keeps rates unchanged

Last Updated: Tuesday, April 01, 2014, 11:01

The Reserve Bank of India on Tuesday kept the key interest rates unchanged in its monetary policy review as retail inflation, especially in food items, is yet to show definite signs of moderation.