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Rajan warns of global assets crash

Last Updated: Thursday, August 07, 2014, 22:59

The Governor expressed fears that central banks "may be exhausting room on the financial side and creating a situation where there will be a discontinuous movement in the financial sector."

'India reached inflection point, economy may recover in 2015'

Last Updated: Wednesday, August 06, 2014, 21:09

Japanese brokerage house, Nomura on Wednesday said India has reached an "inflection point" and the economy is likely to recover in 2015.

Rajan says government can weigh in on inflation

Last Updated: Wednesday, August 06, 2014, 20:21

Rajan also denied inflation was the RBI`s sole focus, noting the 6 percent inflation target was achievable without a "substantial sacrifice" on economic growth.

`Acche din` for borrowers will take some time: Raghuram Rajan

Last Updated: Wednesday, August 06, 2014, 19:08

Rajan feels that India is well positioned to take advantage of global scenario and rate cycle right now.

Realtors welcome RBI move to improve liquidity into system

Last Updated: Tuesday, August 05, 2014, 21:00

However, developers demanded easing of interest rates to boost housing sales.

Interest rate to say high as bankers see no rate cut in FY15

Last Updated: Tuesday, August 05, 2014, 20:58

Bankers on Tuesday said there is little chance of a rate cut in remainder part of the current fiscal as the Reserve Bank kept key policy rates unchanged except cut in SLR in its bi-monthly monetary policy review.

RBI won't keep interest rates high longer than needed: Rajan

Last Updated: Tuesday, August 05, 2014, 19:51

Reserve Bank Governor Raghuram Rajan on Tuesday further cemented anti-inflationary stance saying price stability is the best insurance for high and sustainable growth, but also assured a low interest rate regime if all goes well on the macro, inflation and the external fronts.

India Inc. welcomes RBI move

Last Updated: Tuesday, August 05, 2014, 16:48

India Inc. Tuesday welcomed the Reserve Bank of India`s (RBI) move to put more funds into the system by cutting statutory liquidity ratio (SLR).

Rajan hints at more SLR reductions as fiscal metrics improve

Last Updated: Tuesday, August 05, 2014, 15:46

For the second time in as many months, RBI cut SLR by 50 basis points to 22 percent.

RBI keeps key rates unchanged; EMIs on loans to remain same

Last Updated: Tuesday, August 05, 2014, 15:30

In order to infuse additional liquidity, Rajan decreased SLR for banks by 0.50 percent to 22 percent with effect from the fortnight beginning August 9.

'RBI could have leveraged abating inflation to cut rates'

Last Updated: Tuesday, August 05, 2014, 14:39

Disappointed over RBI's decision to keep interest rates unchanged, India Inc on Tuesday said the central bank could have leveraged abating inflation risks to effect a rate cut, as high cost of credit has been dissuading industry from undertaking capacity expansion.

Home, auto EMIs to remain intact, as RBI retains interest rates

Last Updated: Tuesday, August 05, 2014, 13:11

Reserve Bank of India (RBI) left key interest rates unchanged in its third bi-monthly monetary policy review Tuesday.