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Tag "reserve bank of india"

UBI terms Kingfisher, Mallya wilful defaulters; airline protests

UBI terms Kingfisher, Mallya wilful defaulters; airline protests

🕔13:36, 2.Sep 2014

Kolkata, Sep 2  State-run United Bank of India (UBI) Monday declared the defunct Kingfisher Airlines, its promoter Vijaya Mallya and its three directors as wilful defaulters after they did not turn up for a meeting with its grievances redressal panel,

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RBI relaxes foreign transaction norms for buying government bonds

RBI relaxes foreign transaction norms for buying government bonds

🕔07:44, 29.Aug 2014

Mumbai, Aug 29  The Reserve Bank of India (RBI)  said foreign investors can now buy government bonds in secondary markets from mutual funds, banks or other dealers. The RBI, in a notification on “Purchase and sale of securities other than

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RBI launches survey of IT, ITES, BPO sectors

RBI launches survey of IT, ITES, BPO sectors

🕔11:54, 28.Aug 2014

Chennai, Aug 28 The Reserve Bank of India (RBI) Wednesday launched the Survey on Computer Software and Information Technology Enabled Services (ITES) exports for the period 2013-14. The central bank said it has been conducting the annual survey since 2002-03.

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Housing sector needs innovative loan: RBI

Housing sector needs innovative loan: RBI

🕔15:31, 22.Aug 2014

Mumbai, Aug 22  Providers of housing loans should introduce innovative products like savings-linked loans while the credit risk in case of low ticket accounts should be internalised through insurance covers, a senior RBI official said Friday. Stressing the need for

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RBI’s FY15 agenda: Strengthen, reform, develop financial sector

RBI’s FY15 agenda: Strengthen, reform, develop financial sector

🕔15:26, 22.Aug 2014

Chennai, Aug 22  India’s central bank Thursday said its agenda for 2014-15 is to contain consumer price index (CPI) inflation, strengthen banking structure, reform financial markets to deepen and widen them and improving the financial systems’ ability to cope with

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RBI transfers Rs.52,679 crore profit to government

RBI transfers Rs.52,679 crore profit to government

🕔17:21, 11.Aug 2014

Mumbai, Aug 11 Towards aiding the government meet its fiscal deficit target, the Reserve Bank of India (RBI) Monday transferred it a surplus profit of Rs.52,679 crore, the central bank said. The amount is around 60 percent more than the

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Home, auto EMIs to remain intact, as RBI retains interest rates

Home, auto EMIs to remain intact, as RBI retains interest rates

🕔17:05, 5.Aug 2014

Mumbai, Aug 5 Equated monthly installments (EMIs) paid on home, automobile and other loans would remain unchanged, as the Reserve Bank of India (RBI) left key interest rates unchanged in its third bi-monthly monetary policy review Tuesday. The status quo

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India Inc. welcomes RBI move

India Inc. welcomes RBI move

🕔17:03, 5.Aug 2014

New Delhi, Aug 5  India Inc. Tuesday welcomed the Reserve Bank of India’s (RBI) move to put more funds into the system by cutting statutory liquidity ratio (SLR). However, it said that an interest rate cut should also be considered

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RBI retains key lending rates

RBI retains key lending rates

🕔11:46, 5.Aug 2014

Mumbai, Aug 5  The Reserve Bank of India (RBI) in its third bi-monthly monetary policy review Tuesday for fiscal 2014-15 decided to keep key lending rates to commercial banks unchanged. The RBI has kept its repo rate (at which it

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RBI policy review Tuesday likely to hold rates

RBI policy review Tuesday likely to hold rates

🕔10:05, 4.Aug 2014

New Delhi, Aug 4  The Reserve Bank of India (RBI) is likely to keep rates unchanged when it reviews its monetary policy Tuesday as part of its bi-monthly exercise. Known for the primacy he accords to controlling inflation, RBI Governor

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RBI to remain open July 1 to facilitate public transactions

RBI to remain open July 1 to facilitate public transactions

🕔11:28, 28.Jun 2014

Mumbai, June 28  Departing from its regular practice, the Reserve Bank of India (RBI) Friday said it will remain open on July 1 this year to facilitate settlement of market transactions as well as of the general public. Normally the

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RBI will have clearer picture post-budget: IOB CMD

RBI will have clearer picture post-budget: IOB CMD

🕔10:50, 4.Jun 2014

Chennai, June 4  The Reserve Bank of India (RBI) will be better placed with economic data and the thinking of the new government by the next review of its monetary policy, said M. Narendra, chairman and managing director of Indian

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RBI keeping balance between growth and inflation: Jaitley

RBI keeping balance between growth and inflation: Jaitley

🕔09:56, 4.Jun 2014

New Delhi, June 4  Finance Minister Arun Jaitley welcomed the Reserve Bank of India’s monetary policy stance saying the central bank has followed a “calibrated approach” to strike a balance between growth and inflation. The RBI after its bimonthly monetary

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India’s central bank keeps key rates unchanged

India’s central bank keeps key rates unchanged

🕔11:23, 3.Jun 2014

Mumbai, June 3  India’s central bank Tuesday kept key policy rates unchanged but marginally reduced the money commercial banks have to mandatorily hold in liquid assets, indicating it will await signals from the national budget next month before acting. While

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RBI policy review Tuesday likely to hold rates

RBI policy review Tuesday likely to hold rates

🕔11:20, 2.Jun 2014

New Delhi, June 2 The Reserve Bank of India (RBI) is likely to keep rates unchanged when it reviews its monetary policy Tuesday, its first exercise after the installation of the new union government. Known for the primacy he accords

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The Governor, Reserve Bank of India, Dr. Raghuram Rajan calling on the Union Minister for Finance, Arun Jaitley, in New Delhi.

The Governor, Reserve Bank of India, Dr. Raghuram Rajan calling on the Union Minister for Finance, Arun Jaitley, in New Delhi.

🕔15:28, 27.May 2014 Read Full Article
RBI to balance growth and inflation: Rajan

RBI to balance growth and inflation: Rajan

🕔14:30, 27.May 2014

New Delhi, May 27  Reserve Bank of India (RBI) Governor Raghuram Rajan Tuesday said the central bank would work to strike a balance between reviving economic growth and containing inflation. Talking to reporters after meeting newly sworn-in Finance Minister Arun

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RBI to have regular process of bank licences: Rajan

RBI to have regular process of bank licences: Rajan

🕔10:26, 21.May 2014

New Delhi, May 21  Reserve Bank of India Governor Raghuram Rajan said the central bank would soon announce a regular process of granting bank licences, ending the current system of giving it in tranches. “The Reserve Bank of India is

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