News tagged with “reserves banks”. Found:
14 tagged news reports.
Your Search Returned 14 tagged news reports
Why India bought IMF gold
Mumbai :: India | 23 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
Rupee off highs on stocks dip
Mumbai :: India | 5 months ago
Credibility The partially convertible rupee gave up all its early gains on Friday as a boost from stronger-than-expected industrial data gave way to a drop in the stock market and the dollar's broad rebound. The rupee ended at 47.61/62 per dollar, half a percent...
Tags: Reserve Bank of India, reserves dip, forex reserves, reserves banks, early gains, exchange reserves
India Inc welcomes rate cuts, but wants more
Mumbai :: India | 7 months ago
Credibility India Inc has welcomed cuts in key rates by 25 basis points by the Reserve Bank of India on Tuesday, but added it expected bigger cuts. The cut in the repo rate could have been steeper because of the strong cushion provided by the extremely comfortable...
Tags: Reserve Bank of India, reserves banks, basis points, rate cut, central banks, India Inc, key rate
RBI may retain key rates
Mumbai :: India | 7 months ago
Credibility The Reserve Bank has given enough indications to banks for easing rates time and again...Subbarao had said: "The response of the banking system (to the policy actions) has been positive...but banks are yet to respond as much as warranted by the policy."
Tags: central banks, reserves banks, Central Bank of Jordan, retain key
Commercial banks can borrow from RBF
Suva :: Fiji Islands | 9 months ago
Credibility Reserve Bank of Fiji to address the current liquidity crunch, Reserve Bank of Fiji Governor Savenaca Narube said. "Liquidity can only be reduced in two ways. One is when the Reserve Bank withdraws money from the system, which we have not done," Mr Narube...
FCCB issuers may be given buyback option
Mumbai :: India | about 1 year ago
Credibility Promoters or issuers of foreign currency convertible bonds may be allowed to buy back the bonds if they go in for prepayment. Also, promoters are likely to be allowed to utilise the unused portion of the foreign currency-denominated borrowings parked...
Tags: economy, interest rates, india, banks, repo rates, Reserve Bank of India, reserves banks, basis points, crr, repo rate
Bank loan losses will rise - Reserve Bank
Auckland :: New Zealand | about 1 year ago
Credibility Banks face rising loan losses and are borrowing hundreds of millions from the Reserve Bank because of frozen world credit markets. However, big banks are well placed to handle the downturn and bad loans will not rise as much as they did during the early...
Tags: reserves banks, The Reserve Bank, New Zealand, financial systems, financial stability, loans losses, payments systems, stability report, financial market
FIIs in sell mode, forex reserves dip
Mumbai :: India | about 1 year ago
Credibility Foreign exchange reserves continued to dip further for yet another week, as foreign investors continued to pullout dollars from Indian markets. The reserves dipped by $5.5 billion during the week ended October 31. In the bond market, banks’ bond holding...
Liquidity eased for now, but lending?
Mumbai :: India | about 1 year ago
Credibility Saturdays triple dose of liquidity injection bears the thinking on Mint Street: First is that the Reserve Bank of India is comfortable with the rapidly sliding inflation, and is trying to gun for growth...The second is that all the cuts are nothing more...
Tags: india, banks, repo rate, economy, interest rates, Reserve Bank of India, India Inc, central banks, reserves banks, crr
Reserve Bank arranges cash-swap facility
Auckland :: New Zealand | about 1 year ago
Credibility New Zealand's Reserve Bank has put in place another measure to help banks through the credit crunch, announcing a cash swap facility with the United States Federal Reserve. Reserve Bank head of communications Mike Hannah said there was no dire need for...
Tags: US Federal Reserve, United States Federal Reserve, reserves banks, federal reserves, swap lines, New Zealand, Reserve Bank, central banks, elevated pressures, us15 billion
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