Last Updated: Thursday, March 27, 2014, 16:42
RBI is scheduled to announce monetary policy on Tuesday.
Last Updated: Tuesday, February 18, 2014, 08:53
RBI Governor Raghuram Rajan went against the majority view in the bank's technical advisory committee (TAC) while announcing a surprise 0.25 percent hike in key rates in the January 28 policy review, as per the minutes of an internal meeting which were disclosed Monday.
Last Updated: Friday, January 31, 2014, 21:16
Raghuram Rajan on Friday ruled out adopting any unconventional tools to tackle price rise.
Last Updated: Wednesday, January 29, 2014, 14:44
The Reserve Bank of India has not raised interest rates to fight off the recent global emerging market sell-off, but to tamp down inflationary pressures, Governor Raghuram Rajan said on Wednesday.
Last Updated: Tuesday, December 17, 2013, 21:39
The central bank will tomorrow hold its mid-quarter review of the monetary policy, where it is widely expected to hike key interest rates.
Last Updated: Thursday, November 21, 2013, 22:31
Reserve Bank Governor Raghuram Rajan went by the majority opinion of panel members and increased a key interest rate by 0.25 percent in the second-quarter monetary policy review last month in view of high inflation.
Last Updated: Wednesday, October 30, 2013, 20:54
Rajan said the RBI does not have a target interest rate.
Last Updated: Tuesday, October 29, 2013, 19:07
Among the banking pack, ICICI Bank surged 6 percent, SBI rose by 3.65 percent, HDFC Bank (2.82 percent), PNB (4.61 percent), Axis Bank (5.12 percent), Yes Bank Ltd (6.91 percent).
Last Updated: Tuesday, October 29, 2013, 18:21
Bankers remained ambivalent on the impact of today's policy announcement by Reserve Bank on the cost of funds and refrained from giving a guidance on the direction in which lending rates are headed.
Last Updated: Tuesday, October 29, 2013, 17:56
Housing, auto and corporate loans may become expensive with the Reserve Bank on Tuesday hiking the key lending rate by 0.25 percent to contain inflation in continuation of its hard-line stance.
Last Updated: Tuesday, October 29, 2013, 17:46
Financial stocks ICICI Bank, HDFC Bank, HDFC and State Bank of India contributed to almost half of the Sensex's gains. Auto stocks Maruti Suzuki and Mahindra & Mahindra were among the top gainers on the index.
Last Updated: Tuesday, October 29, 2013, 12:21
Following are the highlights of the RBI's second quarter review of monetary policy 2013-14:
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