RBI hike expected, but will it tame inflation?

The RBI has increased the interest rates to tame inflation. But is it enough?

RBI likely to hike rates today

RBI is likely to increase the key rates Tuesday as it presents its annual monetary policy.

The great RBI tightrope-walk

The RBI Governor, D Subbarao, will announce the central bank’s annual monetary policy on April 20, but will he rise up to the expectations?

RBI against making of garlands of currency notes: Centre

The government today informed
the Lok Sabha that RBI has advised people not to use garlands
of notes to honour personalities, though there is nothing in
law to prevent such misuse.

Finmin expects RBI to raise rates further

The Reserve Bank is likely to further tighten its monetary policy in its April 20 policy review to tame rising inflation, Financial Services Secretary R Gopalan said.

SBI won`t raise lending rates: Chairman

State Bank of India won`t raise its lending rates despite a hike in key policy rates by the central bank, its chairman said Saturday.

RBI ups short-term rates by 25 bps

RBI raised its key short-term lending & borrowing rates as part of its money policy to combat inflation.

Ex-RBI dy Guv joins Yale; says no Indian varsity offered job

Former RBI deputy governor
Rakesh Mohan, who has been appointed as a faculty in the
prestigious Yale University, today said he was not offered a
teaching job by any Indian university.

Co-operative bank failures tally hits 32 in 2009

As many as 32 co-operative banks in the country folded up last year forcing the depositors to invoke insurance guarantee to recover part of their losses.

RBI doesn`t have info on credit-card defaults charges

The Reserve Bank of India (RBI) does not have any information about "heavy penalties" and "extra-ordinary interest rates" imposed by banks on credit card defaults.

RBI declares J&K as unbanked state

The Reserve Bank on Monday categorised
Jammu & Kashmir as an unbanked state, which means that the
state does not have sufficient banking facility.

End of cheap money policy

Well before the RBI reviewed its quarterly monetary policy, many analysts had predicted that the central bank would start tightening money supply.

RBI hikes CRR, leaves rates untouched

RBI on Friday raised CRR by 75 basis points to suck out the excess liquidity from the financial system.

CRR rise invokes mixed reactions, bankers see no rate

The Reserve Bank of India’s decision to raise the cash reserve ratio (CRR) by an unexpected 75 basis points to 5.75 percent has invoked mixed reactions among the country’s leading bankers and industrialists.

`Central bank`s steps will not impact interest rates`

Concerned over high inflation rate, fuelled by rising food prices, Finance Secretary Ashok Chawla Friday said the steps by the central bank to curb liquidity were adequate and assured that interest rates will remain intact.

RBI hints at monetary tightening to contain inflation

Hinting at some tightening of the monetary policy on Friday, the Reserve Bank today said inflation is a major challenge and would address it without hurting the growth.

Rabi production prospects promising, says RBI

The kharif production is estimated
to fall by 15.9 per cent from last year on account of
deficient monsoon but rabi prospects are promising, the
Reserve Bank said.

Inflation to peak at 8.7%, RBI tightening from Jan: BofAML

Inflation is likely to peak at 8.7
per cent by the end of March and the Reserve Bank is expected
to begin tightening its monetary policy from the January 29
review itself, says the Bank of America Merrill Lynch (BofAML).

RBI`s Interest Rate dilemma

It will be a Catch-22 situation for the RBI when it will sit to review the monetary policy on January 29.

Assocham asks RBI to continue soft monetary stance

The Reserve Bank of India should
continue with its soft monetary policy in the forthcoming
review to spur growth as the economy is still not on a firm footing, industry body Assocham said.