Last Updated: Saturday, July 12, 2014, 17:18
As part of the urban financial inclusion initiative by public sector Indian Bank, two mobile branches with ATM facility was launched here by RBI Governor Raghuram G Rajan.
Last Updated: Friday, July 11, 2014, 18:52
The forex reserves rose USD 614.6 million to touch USD 316.393 billion in the week to July 4, on account of rise in currency assets.
Last Updated: Friday, July 11, 2014, 16:41
The Reserve Bank became net purchaser of dollars for the second consecutive month in May this fiscal buying USD 1.786 billion from the spot market.
Last Updated: Thursday, July 10, 2014, 22:14
With prices staying at stubbornly high level, the government and the RBI on Thursday agreed to devise a modern monetary policy framework with clear inflation targeting.
Last Updated: Thursday, July 10, 2014, 20:11
Rajan added bringing down inflation was the responsibility of both the government and the central bank, echoing previous ones he has made on the topic.
Last Updated: Wednesday, July 09, 2014, 20:36
While total credit stood at Rs 54,04,562 crore in the same period last year, bank deposits stood at Rs 70,72,139 crore in the corresponding period last year.
Last Updated: Monday, July 07, 2014, 19:28
The Reserve Bank has relaxed norms governing import of rough, cut and polished diamonds by doubling the credit time period to 180 days.
Last Updated: Monday, July 07, 2014, 15:07
The world`s major central banks are returning to a more opaque and artful approach to policymaking, ending a crisis-era experiment with explicit promises that they found risked their credibility and did not substitute for action.
Last Updated: Sunday, July 06, 2014, 18:27
The Reserve Bank has undertaken an exercise to swap old gold in its reserves with a new one with a view to standardise the yellow metal stock.
Last Updated: Saturday, July 05, 2014, 15:12
India's forex reserves surged USD 856.6 million to USD 315.778 billion in the week to June 27, on account of rise in currency assets.
Last Updated: Friday, July 04, 2014, 17:44
The rupee is likely to trade in a range of 59.60 to 60.40 until the budget.
Last Updated: Friday, July 04, 2014, 11:55
Shares of Bharti Airtel Friday rose by over 2 percent after the Reserve Bank increased limit for overseas investors to buy shares in the company.
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