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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.

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 likely to maintain status quo in monetary policy on Tuesday

Last Updated: Monday, March 31, 2014, 15:43

RBI has indicated earlier that its priority would be to rein in inflation, although India Inc has been pushing for cut in interest rates as a booster dose for economic growth.

RBI likely to maintain status quo in monetary policy on Tuesday

Last Updated: Sunday, March 30, 2014, 11:08

The Reserve Bank may maintain status quo in the upcoming annual monetary policy on April 1 as retail inflation, especially in food items, is yet to show definite signs of moderation.

'RBI may go for a smaller than 0.25% rate hike'

Last Updated: Thursday, March 27, 2014, 19:35

Reserve Bank Governor Raghuram Rajan may raise rates on Tuesday which could be smaller than 0.25 percent, says a report by State Bank of India.

Rajan meets Chidambaram ahead of monetary policy review

Last Updated: Thursday, March 27, 2014, 18:44

Ahead of the next monetary policy review next week, Reserve Bank Governor Raghuram Rajan on Thursday met Finance Minister P Chidambaram.