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About 87 results for "rbi rsquo"

Realty biggies line up affordable housing projects

Helped by the government’s budget moves and the Reserve Bank’s (RBI’s) recent notification on affordable housing, the big names in the segment are gearing for new project launches. An investment of Rs 5,000 crore (Rs 50 billion) is estimated for the segment in the current financial year. Among those planning launches are Tata Housing’s Tata Value Homes, Puravankara’s Provident Housing, Jerry Rao’s Value and Budget Housing, Mahindra Lifespace Developers and ... Rediff.com, 6 days ago

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Jagran Post

RBI asks banks to disclose sector-wise loans from next fiscal

"Banks are advised to disclose sector-wise advances in the ‘Notes to Accounts’ to the financial statements as per the format...from the financial year 2014-15 onwards," the RBI said in a notification.      Banks may also ...
 Jagran Post1 month ago
Rediff.com

Forex reserves fall to $312 bn

The country’s foreign exchange reserves fell $274 million to $312 billion for the week ended May 30, show RBI data released on Friday. Foreign currency assets, a key component of reserves, fell $269 million to $285 billion. Gold reserves remained unchanged during the week. For the week under review, the Special Drawing Rights (SDRs) fell $3.3 million to $4.45 billion, while the country’s reserve position with the International Monetary Fund was down $1.2 million to $1.68 billion.
 Rediff.com1 month ago
Rediff.com

18 countries struggling with inflation worse than India's

Inflation has been on of the biggest barrier to India’s growth for the past few years. RBI has kept a tight fist on interest rates, which many believe is holding back recovery. Simply put, companies can only expand if they get to borrow money at reasonable cost and there is enough liquidity. Many countries world over are caught in the similar situation as India. Some, such as Venezuela and Syria have inflation over 50 per cent. This means, the price of commodities in the countries is ...
 Rediff.com1 month ago India 'committed' to tackling rising inflation  Himalayan times1 month ago India's June inflation eases  Himalayan times2 weeks ago Can the new Government tame the rising inflation?  DNA1 month ago
Rediff.com

RBI's '007' Rajan faces pro-growth boss in Modi

Hailed as a troubleshooting ‘James Bond’ of central bankers amid India's currency crisis last year, Raghuram Rajan was given a licence to kill inflation with higher interest rates and drive a programme of monetary policy reforms. Now, the governor of the Reserve Bank of India may need all the suave charm of the fictional British spy to sell that same hard-nosed agenda to a powerful new prime minister who is determined to revive economic growth and create jobs. Rajan, who calls high ...
 Rediff.com1 month ago
Rediff.com

RBI relaxes gold import norms

The Reserve Bank of India on Wednesday liberalised gold import norms under the 80:20 rule. Though the ratio hadn’t been changed, star and premier export houses had been allowed to import the commodity, while banks and nominated agencies had been allowed to provide gold for domestic use as loans to jewellers and bullion traders, said a notification issued by RBI. The new norms come into force with immediate effect. Under the 80:20 scheme, the government on August 14 last year allowed ...
 Rediff.com2 months ago
Rediff.com

RBI readying exit plan for bankrupt businesses

In the absence of a good bankruptcy code in India, Reserve Bank is working on a system to enable entrepreneurs seeking to exit insolvent business, a top official of the apex bank said. "We have a tendency in India that we do not like failures. “We think everybody should pass and have distinction. “We do not have a culture to accept failures. "How to create that? There is a thinking in Reserve Bank, we have been thinking how to create a system so that people should voluntarily ...
 Rediff.com1 week ago
Jagran Post

Financial management of my government was remarkable: Ashok Gehlot

"Be it the Planning or Finance Commissions, RBI or the Prime Minister, everyone had appreciated financial management of our Congress government in Rajasthan. Facts and figures prove that we had revenue surplus budget thrice," he said at Youth ...
 Jagran Post1 week ago 'India a tax-free country? Not even in distant future!'  Rediff.com2 weeks ago There is a need to revive investment cycle: Jaitley  Rediff.com1 month ago Govt mulls common law for all financial-sector regulators  Rediff.com1 month ago
Rediff.com

RBI sets stiff terms for niche bank licences

The Reserve Bank of India (RBI) on Thursday paved the way for niche banking by issuing draft guidelines for setting up payment banks and small banks.  While payment banks will offer remittance services, small banks will offer low-ticket loans and basic banking services within a limited area of operation. After initial screening to ensure eligibility, the central bank will set up an external committee to vet applications, which will be invited after the final norms are issued. Successful ...
 Rediff.com1 week ago Budget: FM, Rajan in tune on policy  Rediff.com2 weeks ago FinMin nixes India Post's plan to set up a bank  Rediff.com2 months ago How to bring India back on the growth path  Rediff.com2 weeks ago
Jagran Post

RBI eases financing norms for affordable housing, infrastructure development

"The banks can issue long-term bonds with a minimum maturity of seven years to raise resources for lending to (i) long term projects in infrastructure sub-sectors, and (ii) affordable housing," the Reserve Bank said. The RBI said that apart from ...
 Jagran Post2 weeks ago
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