News tagged with “rbi”. Found:
157 tagged news reports.
Your Search Returned 157 tagged news reports
FM tells RBI to investigate alleged violations of ECBs by ADAG
The finance ministry has asked the Reserve Bank of India (RBI) to reconsider applications from the Anil Dhirubhai Ambani Group (ADAG) to raise foreign loans after receiving a representation from the group’s chairman Anil Ambani. The...
Tags: ADAG, Anil Amabni, RBI, ECB
Why India bought IMF gold
Mumbai :: India | 5 days ago
Credibility
In 1991, New Delhi kick-started the economic reforms process owing mainly to the serious balance of payments crisis it was facing. Then, India -- just an inch away from defaulting on its loans -- had less than $2 billion in forex reserves (that would...
Tags: Reserve Bank of India, IMF, International Monetary Fund, central banks, reserves banks, RBI, metric tons, New Delhi
RBI leaves key rates unchanged
Mumbai :: India | 13 days ago
Credibility Aiming to tackle inflationary pressures, the Reserve Bank on Tuesday increased a key statutory deposit ratio for banks by one percentage point to 25 per cent but the move is not expected to push interest rates up. Barring the hike in Statutory Liquidity...
Tags: Pranab Mukherjee, monetary policy, Reserve Bank of India, finance minister, credit policy, policy review, reserve banks, RBI, minister pranab
RBI’s policy-eve interest rate dilemma
Mumbai :: India | 14 days ago
Credibility Although its quarterly statements are definitely not about interest rates alone, much of the attention on the RBI’s pronouncements continues to be focussed on its interest rate stance. The reason probably lies in the interest rate being the only policy...
Tags: India, RBI, monetary policy, Financial Express
India on road to recovery: Rangarajan
Hyderabad :: India | about 1 month ago
Credibility While in 2008-09, the first half escaped the impact of global recession, but in the current year the impact was being felt throughout the year, Dr Rangarajan said. Though Indian financial system had not been directly exposed to ''toxic or distressed''...
Tags: C. Rangarajan, C Rangarajan, Dr Rangarajan, economic meltdown, global economic, RBI
RBI group likely to moot two PLRs
Mumbai :: India | about 1 month ago
Credibility PLRs and may put a ceiling on banks' sub-PLR lending, a source said...The working group, headed by RBI Executive Director Deepak Mohanty and comprising external experts and IBA, is likely to submit the final report to RBI Governor, D Subbarao by the end...
Tags: RBI
RBI paints grim picture of economic recovery
Mumbai :: India | 2 months ago
Credibility The central bank refrained from making any changes to its economic growth projection of 6 per cent with an upward bias. But it added, "Since the presentation of the policy statement (at the end of July), while the extent of rainfall deficiency associated...
Tags: Reserve Bank of India, Times of India, annual report, central banks, deficiency monsoon, debt managers, RBI, reserve banks
Reserve Bank of India limits free usage of third-party ATMs
The Reserve Bank of India, which made third party ATM transactions free from April, has said not more than Rs 10,000 can be withdrawn each time they are used and limited the number of such transactions to five a month.
Tags: ATM Transactions, IBA, Indian Banks' Association, RBI, Reserve Bank of India
'Too early to act on inflation'
Hyderabad :: India | 2 months ago
Credibility 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 food...
Tags: Reserve Bank of India, central banks, jubilee celebrations, panel discussion, food prices, RBI, platinum jubilee, reserve banks, Hindu
Centre devises new debt paper
New Delhi :: India | 3 months ago
Credibility one, this helps the Centre avoid borrowing from the RBI directly through ways & means advances (WMA) and two, it is also a quasi liquidity drainer. To top it, CMBs afford the government the flexibility to borrow at cheaper rates than the repo rate of...
Tags: cash management, RBI, management bills
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