Disappointed by the Reserve Bank of India's (RBI)’s decision to keep key rates unchanged, top chief executives and finance heads of Indian companies now expect the central bank to cut interest rates by early next year. By then, inflation is likely to have come under control. But they say a rate cut, with the economy moving in the right direction, would have been a good signal to investors. India Inc was pinning hopes on a rate cut to boost interest rate-sensitive sectors such as ... Rediff.com, 3 weeks ago
Govt shares healthy relationship with RBI, says Arun Jaitley - IndiaTV News, 1 week ago
Why is the RBI playing it safe? - Rediff.com, 3 weeks ago
3 images for "rbi rsquo"
Accusing some large borrowers of enjoying ‘riskless capitalism’, RBI Governor Raghuram Rajan said such entities were responsible for making banks' credit profile unhealthy and these big clients were in effect becoming 'freeloaders' in the banking system. Rajan also said it is the taxpayers and honest borrowers who end up paying the price for losses suffered by state-run banks due to bad loans given to a few big borrowers. A large borrower, whose loan has turned bad, should not be ...Rediff.com, 4 weeks ago We must get rid of draconian laws, wilful defaulters: Rajan Rediff.com, 4 weeks ago
"The RBI has once again cautioned members of public that falling prey to such offers can result in compromising one’s own crucial personal information that may be misused to cause direct financial and other loss to them," RBI said in a notification. RBI ...Jagran Post, 1 month ago
The draft proposes that agencies already engaged in bank depositors’ education and awareness or proposing to take up depositors’ education programmes, organising seminars, symposia, and research can be considered for assistance from the Depositor ...Jagran Post, 1 month ago
'The rate cuts should, however, be very gradual to continue the focus on inflation expectations.' Bank credit growth, still sluggish, could see a rise if the Reserve Bank of India decides to cut interest rates, believes Ashima Goyal, an external member of the central bank's technical advisory committee and professor of economics at Indira Gandhi Institute for Development Research, Mumbai. In an interview with Business Standard, she discusses a range of issues on the economy. Edited excerpts: Do ...Rediff.com, 1 day ago Govt looks forward to RBI to support growth revival: FinMin Rediff.com, 3 weeks ago The risks of cutting rates too soon Rediff.com, 4 weeks ago
The Supreme Court on Wednesday said that the money likely to be arranged by Sahara Group from overseas to raise Rs 10,000 crore (Rs 100 billion) for the release of its jailed chief Subrato Roy would come into the country only after necessary clearances by RBI. The court agreed that legal impediments in the transfer of money from escrow account of foreign bank agent requires special permission by competent authority under the Foreign Exchange Management Act (FEMA). A bench headed by Justice ...Rediff.com, 1 week ago
The Reserve Bank of India (RBI) is likely to lower its policy repo rate if the factors leading to low inflation remain unchanged, Deputy Governor S S Mundra said on Wednesday. The central bank had kept the rate unchanged for a fifth straight time in its bi-monthly monetary policy review earlier this month. “We are at a point where the economic environment is quite encouraging. Of course, it has been supported by global factors — oil prices are at an all-time low, commodity prices ...Rediff.com, 1 week ago RBI issues final norms for payment banks, small banks Deccan Herald, 3 weeks ago 'RBI to take into account all factors while deciding on rate' Rediff.com, 1 month ago RBI to re-examine FII limits in government bonds Rediff.com, 2 months ago
“Our legal system, including the police, is anti-Dalit and anti-poor. The death penalty laws’ wrathful majesty, in blood-shot equality, deals the fatal blow on the poor not the rich, the pariah not the brahmin, the black not the white, the ...DNA, 1 week ago
We are very respectful of the views of the government: RBI Governor In a post-policy interaction with the media, Reserve Bank of India Governor Raghuram Rajan explained the rationale for his policy stance and other issues. Edited excerpts:Pressure from govt to cut rate. . .(Laughs) The word pressure is perhaps misused. I think there is a healthy dialogue that goes on. Obviously, the finance ministry internalises the concerns on inflation and recognises that we are entrusted with the task of ...Rediff.com, 3 weeks ago Indian firms may take a hit if the rupee falls further Rediff.com, 2 months ago Rajan given Best Central Bank Governor award by Euromoney Rediff.com, 2 months ago
Benchmark share indices ended lower, amid weak Asian cues, as investors turned cautious ahead of Reserve Bank of India's decision on key rates at its policy review meet tomorrow. The 30-share Sensex ended down 134 points at 28,560 and the 50-share Nifty ended down 32 points at 8,556 after hitting a record high of 8,623. Meanwhile, India's factory growth expanded at its fastest pace in nearly two years. November HSBC manufacturing PMI stood at 21-month high at 53.3 compared to 51.6 in October.Rediff.com, 3 weeks ago Markets end lower ahead of RBI policy review Rediff.com, 2 months ago Markets end flat; DLF plunges 28% to record low Rediff.com, 2 months ago
on your WebpageAdd Widget >Get your members hooked!