Wednesday 22 October 2014
 
»
Tag
 
»
RBI

Indian central bank eases rules to spur lending

India's central bank governor Raghuram Rajan eased rules to spur bank lending and toned down his inflation rhetoric in moves set to be welcomed by a new pro-business government determined to revive economic growth. The Reserve

More…

India to withdraw pre-2005 currency notes

India will withdraw all currency notes issued prior to 2005, including the Rs 500 and Rs 1,000 denomination bills, starting March 31. The step announced by the Reserve Bank of India (RBI) is aimed at curbing black money and fake c

More…

India set to launch interest rate futures

India plans to launch trading of government bond futures within the next two months as part of efforts to deepen its financial markets, according to several sources involved in the discussions with the central bank. These interest

More…

New RBI chief raises hopes with action plan

India's new central bank chief kicked-off his term with a bang, announcing a spate of measures to support the embattled rupee and unveiling a raft of steps to liberalise financial markets and the banking sector. In an unexpect

More…

Indian rupee rebounds on 'intervention'

The Indian rupee staged a sharp recovery on Wednesday after suspected heavy dollar selling by the central bank, preventing the battered currency from slipping to a record low on the same day that the authority ushers in a new governor.

More…

Indian rupee bounces from record low

The Indian rupee rebounded on Thursday from a record low after the central bank's move to provide dollars directly to oil companies provided relief to the currency, while a recovery in emerging market currencies also helped offer support.

More…

UAE Exchange eyes India licence

The UAE Exchange has applied to the Reserve Bank of India for a banking licence. The non-banking financial company has a network of 328 direct branches and 44,000 agent locations present in 20 states in India. "

More…

India plans to restrict gold imports

India's central bank said yesterday it will consider more steps to restrict gold imports and help stem the country's widening current account deficit. Gold purchases are one of the biggest contributors to the deficit in th

More…

India cenbank defies pressure to leave rates on hold

India's central bank has left interest rates on hold but cut the cash reserve ratio for banks, defying pressure from the government to lower rates for the first time since April but also indicating it may ease policy in early 2013.

More…

Rupee hits record low, more downslide seen

The rupee hit a record low against the dollar for a second consecutive session on Friday and posted its worst weekly fall in nine months, hurt by dollar demand from oil firms and gold importers as well the broad risk-off sentiment. Traders

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads