Tag archives for RBI
Rajan likely to step down from RBI governor’s role with rates on hold
Raghuram Rajan will present his last monetary policy on August 9 as governor of the Reserve Bank of India (RBI). And as the curtains fall on his eventful three years…
After Rajan, Who? These 4 Candidates Shortlisted: Report
New Delhi: The government has narrowed down its list of candidates to become the next governor of the Reserve Bank of India to four, a senior government official told Reuters.…
Are fears of Raghuram Rajan’s exit overdone?
On Twitter, it’s already got its own hashtag – #RRexit. The possible exit of RBI Governor, Raghuram Rajan, after his first term is cause for much debate. He has plenty…
RBI Issues Directions on Merger of Private Sector Banks
Mumbai: The Reserve Bank of India on Thursday came out with a master direction for merger of private sector banks and also between non-banking financial companies (NBFCs) and banks. In…
How much will a rate cut help?
Everybody is expecting a rate cut by the Reserve Bank of India (RBI), a belief now buoyed by US Federal Reserve chairperson Janet Yellen becoming a super dove in her…
RBI extends swap arrangement with SAARC nations
In order to enhance economic cooperation and strengthen financial stability, RBI has extended the $2 billion currency swap arrangement to SAARC nations till mid-November 2017. The Reserve Bank said in…
RBI keeps interest rates unchanged
The Reserve Bank of India on Tuesday kept key interest rates unchanged at , in line with market expectations saying that it awaits further data on the development of inflation…
RBI seen easing only once this year as inflation climbs: Poll
The Reserve Bank of India (RBI) is expected to leave its key interest rate steady at percent next week and only make one cut this year as rising inflation ties…
Raghuram Rajan says – there is need to avoid beggar-thy-neighbour policies
RBI Governor Raghuram Rajan has said there is need to avoid beggar-thy-neighbour policies and sustained exchange-rate intervention that primarily induce capital outflows and competitive currency devaluations. "In an ideal world,…
RBI Staff Strike Hits Some Banking Operations
Mumbai: The Reserve Bank of India's settlement systems for banks and markets were not functional so far in the day as about 17,000 employees went on a strike called by…
Let’s make taxation more transparent, investor-friendly: RBI’s Raghuram Rajan
Reserve Bank Governor Raghuram Rajan has underlined the need to make taxation more transparent so that the Indian economy is able to attract stable inflow of foreign capital for strong…
Bank of Baroda fraud: RBI’s Rajan says guilty will have to pay the price
Aizawl: Expressing concern over illegal Rs 6,000 crore transfer of funds through a Bank of Baroda (BoB) branch, RBI Governor Raghuram Rajan said it will be pursued both by the…