Tightening of key policy rates won’t affect growth: Kamath

ICCI Bank chairman K.V. Kamath on Tuesday said even if there is a tightening of policy rates, companies will be able to source finance and manage expansions from other sources.

RBI can increase interest rate to tame price rise: Rangarajan

The Prime Minister’s Economic Advisory Council chairman, C Rangarajan, on Monday suggested that the Reserve Bank of India could reduce money supply and raise the interest rate to tame the rising prices of food articles.

Bankers see higher rates, strong credit growth next year

With a substantial recovery from the slowdown expected in 2010, top bankers have said this could be translated into a healthy pick-up in credit growth, but may also result in a higher interest rate regime.

Rate talk swirls around RBI, Fin Min meet

A meeting of India`s central bank Governor Duvvuri Subbarao with Finance Minister Pranab Mukherjee fuelled speculation on Friday that the bank may tighten monetary policy earlier than expected to stem rising prices.

RBI in dilemma over raising rates

Raising interest rates could attract more capital into India and complicate policymaking, says the finance ministry.

RBI may raise rates in Jan: Stanchart

The Reserve Bank of India (RBI) may raise its key policy rates by 25 basis points in January, earlier than previously thought, to tame accelerating inflation, Standard Chartered Bank said on Wednesday.

Inflation: PMEAC expects RBI measures very soon

The Prime Minister`s economic
panel on Tuesday said inflation is likely to cross RBI`s projection
and the central bank may take actions in December itself.

Assocham calls for consolidation of banks

Industry body Assocham on Monday
called for consolidation in the Indian banking sector without
any delay to enhance global competitiveness, despite dithering
of RBI on the issues.

RBI may hike CRR by 0.5% by next month: Macquarie

Reserve Bank, which has started
exiting its easy money regime, might hike its Cash Reserve
Ratio and policy rates over the next 4-5 months, research firm
Macquarie said.

RBI may take "early action" to check rising food prices: PMEAC

The Reserve Bank may take "some early action" if rising food prices do not ease in the coming weeks, PMEAC Chairman C Rangarajan said here today.

Govt may make RBI nod must for 5% or more stake buy in banks

The government is considering a
proposal that will make prior approval of the RBI mandatory
for acquiring 5 per cent or more stake in a banking company,
Parliament was informed today.

RBI likely to hike key rates 1.25% next yr: Credit Suisse

Expectations of better growth figure
and rising inflation might prompt the Reserve Bank to hike key
rates and the amount banks need to park with it (CRR) in 2010,
a Credit Suisse report today said.

`RBI move indicates gradual withdrawal of stimulus packages`

India Inc cautiously
welcomed the RBI`s move to modify the ECB guidelines and said
this also indicates a gradual withdrawal of stimulus measures
announced to help the industry tide over the global credit
crunch last year.

RBI governor allays concerns over capital inflows

The Reserve Bank of India on Thursday allyed concerns about capital inflows building an asset bubble and said it is keeping a vigil on these.

Rupee depreciates 10 paise against dollar in opening trade

The rupee on Thursday depreciated by 10
paise to 46.63 a dollar in opening trade on fears that capital
inflows would be impacted adversely after the Reserve Bank
tightened the guidelines for external commercial borrowings.

RBI opens ECB gates for telcos; tightens policy

The Reserve Bank on Wednesday changed the guidelines for external commercial borrowings (ECBs) for telecom companies by allowing them to use the fund raised abroad to participate in 3G spectrum auction but tightened the norms.

RBI will review monetary policy if inflation persists

The Reserve Bank will review its
monetary stance if inflationary pressure continues, Governor D
Subbarao said on Wednesday.

Asset prices bigger threat than consumer prices globally: RBI

Amid surging retail prices
particularly of food items in India, the Reserve Bank today
said inflation in assets like real estate, bonds and stocks is
a bigger threat than the consumer price rise worldwide.

RBI to conduct auction of Guj govt stock securities

The Gujarat government will sell
its stock securities worth Rs 1,000 crore for 10 years, to
fund various development programmes and schemes included in
its annual development plan for 2009-2010.

Don’t buy IMF gold: PMEAC advises RBI

Amid speculations that RBI may buy
more gold from the IMF, the Prime minister`s economic advisory
panel has said the central bank should wait for some more time
before going for another round of purchases.