News Source: Androscoggin News
| 3 months ago
Terming the agricultural situation in the wake of drought as “disturbing,” Reserve Bank of India Governor D. Subba Rao said the central bank was watching it closely and would intervene at the appropriate time to contain inflation. Panel...
News Source: Androscoggin News
| 3 months ago
Subbarao has said that striking the right balance between regulation and liberalisation was one of the challenges faced by central banks in a global economy and cautioned against over-regulation. Participating in a panel discussion on ‘Challenges...
News Source: Sify News
| 3 months ago
RBI chief Referring to the drastic deficit in the South-West monsoon, the Governor said: "I am unable to say how the drought situation will translate into a crisis and what action will have to be taken at what point of time."
News Source: India Abroad
| 3 months ago
The discussion, which also brought together three former central bank governors, was organised by the RBI as part of its platinum jubilee celebrations. The RBI governor, however, pointed out that no policy decision had been taken so far about the...
News Source: The Economic Times
| 3 months ago
The Reserve Bank of India (RBI) will maintain a soft interest rate stance in the near term, even though poor rains could push up food-prices and fuel inflationary expectations. “The agriculture situation is disturbing and there would be pressure on...
News Source: Asian Age
| 3 months ago
Subbarao, on Friday acknowledged the circulation of fake notes in the country and promised to take all action to curb it. "Currently, there are three to six (fake currency) pieces in a million in circulation in the country. Though it is small in...