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RBI says easing trading rules for infra bonds will not deepen markets

RBI says easing trading rules for infra bonds will not deepen markets

Last Updated: Wednesday, August 20, 2014, 13:34

Allowing the trading of bonds issued for infrastructure lending will not help deepen debt markets, newly appointed Reserve Bank of India Deputy Governor S.S. Mundra said on Wednesday.

Government likely to split PSU bank CMD's post

Last Updated: Monday, August 18, 2014, 11:02

The government might also rejig the hierarchy in PSU banks in order to cut down political interference in its working.

New RBI norms to help orderly development of ARCs

Last Updated: Sunday, August 17, 2014, 20:49

The recent Reserve Bank guidelines on asset reconstruction companies (ARCs) will result in greater alignment of interest between these companies and other investors, which in turn will lead to an orderly development of the sector, says a report.

NREGA spiked rural wages only 10%, rest is from MSPs: Rajan

Last Updated: Sunday, August 17, 2014, 18:53

Reserve Bank Governor Raghuram Rajan has dismissed the notion that the rural employment guarantee programme is behind the massive spurt in wages in rural areas.

Arun Jaitley for rationalising subsidies

Last Updated: Saturday, August 16, 2014, 16:15

Finance Minister Arun Jaitley on Saturday said the ballooning subsidy bill needs to be lowered by rationalising the dole-outs.

RBI cuts number of free cross-bank ATM transactions to 3 per month

Last Updated: Thursday, August 14, 2014, 22:10

Frequent withdrawal of money from ATMs will become expensive from November, with the RBI imposing a limit of 3 transactions per month from ATMs of other banks and 5 from the same bank in six metropolitan cities.

RBI proposes COO post in rank of Deputy Governor

Last Updated: Thursday, August 14, 2014, 21:45

RBI on Thursday said its Board has approved HR restructuring by creating an additional post of Chief Operating Officer (COO) in the rank of Deputy Governor and will approach government for required legislative changes.

RBI in discussion on smooth trading by foreign investors: Khan

Last Updated: Thursday, August 14, 2014, 19:59

The Reserve Bank on Thursday said it is in the process of discussing with various players to see what best can be done to smoothen trading by foreign investors.

RBI extends trade relaxation facility to J&K to March 2016

Last Updated: Thursday, August 14, 2014, 19:58

To ensure larger flow of credit to trade and industry in Jammu & Kashmir, RBI has extended relaxations given to the state till March 2016.

RBI cuts number of free third-party ATM transactions to 3 per month

Last Updated: Thursday, August 14, 2014, 19:13

The RBI has also imposed a charge of Rs 20 on additional use of such third party ATMs.

EMs need to participate in global financial agenda: Rajan

Last Updated: Thursday, August 14, 2014, 18:27

Emerging markets need to participate in setting agenda at the global level to ensure that their interests are taken into consideration in policy formulations by the West, RBI Governor Raghuram Rajan said on Thursday.

Address supply-side constraints to tame food prices: Ind Inc

Last Updated: Thursday, August 14, 2014, 16:31

Even as inflation showed a decline, India Inc on Thursday said supply-side constraints should be addressed along with implementation of recent Budgetary proposals for the agriculture sector to check food prices.