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RBI to issue guidelines for bank licences this year

Last Updated: Friday, July 04, 2014, 11:38

The Reserve Bank of India (RBI) will issue the guidelines that will be used to grant on-tap and differentiated banking licenses later this year, deputy governor R. Gandhi told reporters on the sidelines of an event on Friday.

Rajan says taking away bonds regulation from RBI may hamper market

Last Updated: Tuesday, June 17, 2014, 10:53

However, Rajan said the RBI will not stand in the way if the government wanted to manage its own debt.

RBI says foreign investment in non-convertible shares to be part of corp debt limits

Last Updated: Friday, June 06, 2014, 20:19

Reserve Bank of India (RBI) said on Friday it has decided to include investments in non-convertible shares, redeemable preference shares and debentures within the $51 billion limit reserved for foreign investment in corporate debt in India.

Expert view: RBI keeps key policy rate unchanged

Last Updated: Tuesday, June 03, 2014, 11:45

Reserve Bank of India Governor Raghuram Rajan kept the country`s key policy repo rate unchanged at 8 percent on Tuesday.

RBI keeps rates on hold, cuts SLR by 0.5%

Last Updated: Tuesday, June 03, 2014, 11:24

Since Rajan took the helm of the central bank in September, he has raised the repo rate by 75 basis points in a bid to tame high consumer inflation.

RBI may keep key interest rate unchanged on Tuesday

Last Updated: Monday, June 02, 2014, 16:38

Industry bodies are clamouring for a rate cut to boost growth.

RBI may maintain status quo in its policy review on June 3

Last Updated: Sunday, June 01, 2014, 18:13

The bi-monthly policy review on June 3 will be the first after Prime Minister Narendra Modi assumed office on May 26.

RBI eases gold import curbs to boost exports

Last Updated: Wednesday, May 21, 2014, 22:25

The Reserve Bank Wednesday eased gold import norms by allowing select trading houses, in addition to already permitted banks, to procure the precious metal to boost exports.

RBI says to manage Telangana's finances from June 2

Last Updated: Tuesday, May 20, 2014, 13:18

The agreement follows the reorganisation of the state of Andhra Pradesh into two separate states earlier this year.

RBI needs to buy $80 bn by Mar `16 to keep 8 months import cover

Last Updated: Thursday, May 01, 2014, 21:06

The Reserve Bank will have to buy forex reserves to the tune of USD 80 billion by March 2016 if it were to at least maintain the current eight months' import cover, says the US brokerage Bank of America-Merrill Lynch.

RBI directs RTGS participants to use correct transaction code

Last Updated: Tuesday, April 29, 2014, 00:01

RBI said some of the RTGS participants were using the transaction code alloted to customers for settling their own account transfers.

My contrarian views have been vindicated: Chakrabarty

Last Updated: Thursday, April 24, 2014, 21:53

Outgoing RBI Deputy Governor K C Chakrabarty, who earned a reputation for being too candid during his 5-year stint at the central bank, Thursday said many of his views have been vindicated from time to time.