High current account deficit a matter of concern: Subbarao

RBI says only a durable receding of inflation will open up the space for monetary policy Dinesh Unnikrishnan First Published: Mon, Jun 17 2013. 11 04 AM IST Repo rate retained at 7.25%, while CRR at 4% after RBI's mid-quarter monetary policy ...

Just before the "s mid-quarter review of monetary policy, the State Bank of India Chairman Pratip Chaudhuri revived the argument that the central bank should pay interest on the cash reserve ratio (CRR). CRR is the mandatory deposits banks park with ...

Zee Media BureauNew Delhi: The (RBI) on Monday kept the rates unchanged in its mid-quarterly monetary policy review on Monday keeping the repo rate at 7.25 percent and the cash reserve ratio rate at 4 percent. The unchanged in rates comes in line ...

The first day of the National Assembly's four-day session this week was marked by heated debate over the Central Bank's 2013 monetary policy program. It drew criticism not only from opposition lawmakers, but also from some pro-government members of ...

Ahead of its mid-quarter policy, the Reserve Bank today said its monetary actions in the coming months will be determined by the outlook on monsoon and ensuing impact on inflation. "And most importantly we also chase monsoon like millions of farmers across ...

There is an 80 per cent probability that the Reserve Bank will cut repo rate by 0.25 per cent in its monetary policy review on May 3, but it is "not a done deal", leading global brokerage firm Nomura said in a research note today. "With growth weak and WPI ...

The New Zealand dollar was almost unchanged as traders await the outcome from the Federal Reserve's monetary policy review and whether the US central bank plans to start unwinding its asset purchase programme. The kiwi traded at 79.88 US cents at ...

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International News: MUMBAI: With no rates change in RBI policy, Indian bankers now forecast a dip in loan rates in the July-September quarter supported by a good monsoon. After three consecutive rate cuts in 2013, the Reserve Bank of India (RBI) ...