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About 81 results for "rbi rsquo"

This is why rupee will continue to be volatile

This is why rupee will continue to be volatile

  All eyes are on RBI’s monetary policy review on December 1The bond and currency market are likely to be under pressure ahead of the Reserve Bank of India’s policy review on December 1 but might gain sharply in the week ahead if the central bank opts for a rate cut. According to a Business Standard poll, however, none of the respondants expects the central bank to cut rates. On Friday, the rupee fell to its 26-month low at 66.8975 to a dollar, but clawed back to close at ..., 12 hours ago

RBI to fine tune gold monetisation scheme

The Reserve Bank of India is set to ‘fine tune’ the gold monetisation scheme as the initial response to the scheme has been lukewarm. "We need some fine tuning (gold monetisation scheme)," RBI Governor Raghuram Rajan told reporters. Till November 18, the gold monetisation scheme had garnered 400 grams of physical gold. The country has over 20,000 tonnes worth over Rs 52 lakh crore (Rs 52 trillion) of idle gold with households and institutions. Gems and jewellery industry ...
 Rediff.com3 days ago

Sensex, Nifty pause ahead of GDP data; RBI policy meet in focus

RBI's fifth bi-monthly monetary policy meet due tomorrow also kept the investors on their toes. Markets finished the first session of the eventful week on a quiet note as participants await for the GDP data for the September quarter later today amid persistent fund outflows. Meanwhile, RBI's fifth bi-monthly monetary policy meet due tomorrow also kept the investors on their toes. This week is going to be an eventful week as vital key macroeconomic numbers are due to be unveiled including ...
 Rediff.com9 hours ago

'Jul-Sep GDP growth seen at 7.3%; RBI to hold repo rate'

India is likely to clock a gross domestic product growth rate of 7.3 per cent for the July-September quarter, DBS said in a research report, adding that the underlying trend in the country is ‘firming up’. According to the international financial services firm, global headwinds, weak rains and sluggish private sector investment activity are likely to ‘influence’ the GDP numbers. The July-September quarter GDP numbers are due on November 30. "For the quarter, we expect ...
 Rediff.com4 days ago

Market verdict: Rajan to hold interest rate

Market players see no change in cash reserve ratio either, expect RBI to wait for Fed moveBankers, economists and market participants expect the Reserve Bank of India to maintain status quo in its fifth bi-monthly policy review for 2015-16, scheduled on December 1.All 12 participants in a BS poll said RBI Governor Raghuram Rajan would be in no mood to tinker with the interest rate or even the cash reserve ratio. He would ideally wait to see the impact of a possible rate hike by the US Federal ...
 Rediff.com4 days ago 'Status quo by US Fed good for India'  Rediff.com2 months ago US Fed likely to hike rates: How should India cope?  Rediff.com2 months ago US rate rise: Indian markets expect to absorb Fed action  Rediff.com2 months ago

In a year, bank fraud doubles

Maharashtra and West Bengal lead the way in bank fraud In May 2015, the Reserve Bank of India (RBI) set up a Central Fraud Registry to check growing bank fraud. After this, the Prime Minister’s Office called a meeting to review the fraud-detection system, a clear indication that the government was worried. It was more than just a bunch of bounced cheques. The media reported the move, but largely laid the blame on the rise in bank non-performing assets (NPA), loans in danger of default.
 Rediff.com1 week ago RBI imposes Rs 1 crore penalty on Dhanlaxmi Bank  Rediff.com3 weeks ago Banks to face RBI heat for not passing on base rate cut benefit  Rediff.com1 month ago Reserve Bank pulls up bosses for IOB mess  Rediff.com1 month ago

RBI staff go on mass leave today

One long-pending issue RBI has been trying to sort with the government is pensions. About 16,700 employees of the Reserve Bank of India, including chief general managers, would go on mass casual leave on Thursday, in protest, they say, against the Centre’s intervention in the autonomy of the central bank and to sort pension-related issues. While the mass leave is not a strike, union leaders say they could go for longer strikes if the government does not change its stance. The employees ...
 Rediff.com1 week ago RBI employees plan mass leave on 19th November  Jagran Post2 weeks ago

Word cloud: RBI Governor Raghuram Rajan's address to IIT Delhi

RBI Governor Raghuram Rajan spoke at the convocation ceremony held at his alma mater IIT Delhi on Saturday. The RBI governor said actions that physically harm anyone or show verbal contempt for a particular group, so that they damage the group's participation in the marketplace for ideas, should certainly not be allowed. "Tolerance can take the offense out of a debate, and indeed instill respect. If I go berserk every time a particular button is pressed, rebels are tempted to press the button, ...
 Rediff.com4 weeks ago Why a further rate cut by RBI is unlikely  Rediff.com2 months ago Unpredictable rate cut but the signal is clear  Rediff.com2 months ago 'RBI rate cut is a sweet masala mix'  Rediff.com2 months ago

How to prepare for RBI Grade B exam

"There are many banking exams you can write. Some of them are -- IBPS PO, SBI PO, RBI GRADE B examination. "Mostly these examinations are conducted in two phases followed by interview round. "These papers have questions from Quantitative Aptitude, Reasoning, English, General Awareness and Computer proficiency." In an online chat with readers, Amit Jaiswal, head of academics, shared advice on how to prepare for the RBI Grade B exam. Every year, the Reserve Bank of India conducts an ...
 Rediff.com3 weeks ago

RBI lens on outward remittances

Money sent abroad rises sharply in July; maintenance of close relatives, education expenses top the chart The sharp rise in money sent abroad by resident Indians in July, especially for maintenance of relatives and education, has come under the Reserve Bank of India (RBI)’s scanner. In response to queries by Business Standard, RBI said for studies abroad, remittances usually rose in the months of July and August, as this period coincided with new academic sessions abroad. Nonetheless, ...
 Rediff.com1 month ago
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