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About 119 results for "rbi rsquo"

RBI disappoints D-Street: What next?
Rediff.com

RBI disappoints D-Street: What next?

The met department’s move stoked fear of a drought, which could fan inflation Despite the Reserve Bank of India cutting the repo rate by 25 basis points in its second bi-monthly monetary policy review of the year on Tuesday, the markets fell sharply due to the met department cutting its forecast for the monsoon this year to 88 per cent of the long-period average. The met department’s move stoked fear of a drought, which could fan inflation. The BSE Sensex and the National Stock ... Rediff.com, 1 month ago
Rupee can weaken on RBI's dollar buying Rediff.com, 3 weeks ago
Rediff.com

'Citibank is more optimistic than RBI'

‘This is clearly a much stronger government, a much strong Prime Minister’s Office and a much more disciplined approach. There is an improvement of the work culture in the government -- people don’t play golf in the mornings anymore. There is a huge attempt going on to making business easier,’ says Rakesh Mohan, executive director at the IMF. The challenge today, of course, facing us is that we again have to do things to achieve a sustainable growth path of eight per ...
 Rediff.com1 week ago Union Ministers connect with netizens in Talkathon  IndiaTV News1 month ago
Rediff.com

Why does a rate cut matter?

With inflation figures expected to be well within RBI’s target, there may be room for further rate cut, say Anisha Sircar and Nupur Pavan Bang. The Wholesale Price Index for May 2015 stood at minus 2.36 per cent, continuing its downward trend since the last seven months. The Consumer Price Index stood at 5.01 per cent, well within the range of 2-6 per cent targeted by the Reserve Bank of India. With the release of these figures on June 15, 2015, the demand for a further rate cut have ...
 Rediff.com1 month ago Industry seeks rate cut by RBI as inflation remains negative  Rediff.com1 month ago FM to banks: Explain rate cut reluctance  Rediff.com1 month ago Street divided over timing of future rate cuts  Rediff.com1 month ago
Rediff.com

Why the RBI needs a change of guard

India’s political class should shed its fascination for foreign-bred, foreign-trained and foreign-brainwashed promoters of exotic prescriptions, and appoint for positions critical to the nation’s well-being out-of-the-box thinkers rooted in the country’s ethos who would be in tune with the country’s imperatives, says B S Raghavan. I have had only two encounters with Raghuram Rajan, currently governor of the Reserve Bank of India. The first was in 2004 when, as the chief ...
 Rediff.com2 months ago A tax checklist for returning NRIs  Rediff.com2 months ago
Rediff.com

Don't compare Modi with Ronald Reagan, achche din aayenge, believes Rajan

The government is ‘sensitive’ to the concerns of investors and is addressing economic issues, says the RBI Governor. The expectations from the new government when it came to power last year were ‘probably unrealistic’ but it has taken steps to create an environment for investment and is ‘sensitive’ to concerns of investors, RBI Governor Raghuram Rajan has said. "This government came in with tremendous expectations and I think the kind of expectations were ...
 Rediff.com2 months ago

RBI sees 'contagion risk' in LIC's bank ownership

MUMBAI: State-owned Life Insurance Corporation of India (LIC) could be too exposed to the country’s banking sector through its stakes in both state and private lenders, Reserve Bank of India (RBI) Deputy Governor SS Mundra said in a newspaper interview.
 Himalayan times2 months ago
Jammu and Kashmir Bank Limited

RBI holds Town Hall Meet on FEMA at SKIIC, Srinagar

Reserve Bank of India, Jammu organized a Town Hall Meeting&rsquo on FEMA which witnessed participation of senior officers from RBI, different banks and leading exporters of the J&K State together with their associations. Explaining the rationale for ...
 Jammu and Kashmir Bank Limited1 month ago
Rediff.com

Curtailing RBI Guv's veto powers is another flash point

Urjit Patel panel wanted all members to be appointed by RBI The composition of the monetary policy committee (MPC) – as suggested by the revised draft Indian Financial Code – could be another flash point between the country’s central bank and the government as it suggested majority of the members to be appointed by the latter. This is in contrast with the Urjit Patel committee recommendation – a panel which was set up by Reserve Bank of India – that suggested ...
 Rediff.com3 days ago
Rediff.com

Chit funds eye Rs 5K crore a year from NRIs

RBI has allowed NRIs to invest in chit fund companies on a non-repatriation basis, subject to certain conditions The Reserve Bank of India (RBI)’s recent decision to allow non-residential Indians (NRIs) to invest in chit fund companies could boost the sector, which suffered huge loss of reputation owing to the chain-marketing scam - often mistakenly referred to as the “chit fund scam”. In a circular dated June 11, the RBI allowed NRIs to invest in chit fund companies on a ...
 Rediff.com1 week ago
DNA

Monetary Policy: Rajan cuts repo rate but says risks to inflation persist

Reserve Bank of India (RBI) has brought down repo rate by 25 basis points in its second bi-monthly monetary policy this year. The key rate now stands at 7.25% with immediate effect as against 8% at the beginning of the year and 7.5% before today. Raghuram ...
 DNA1 month ago Full text of RBI's Raghuram Rajan's statement on second bi-monthly monetary policy  DNA1 month ago Markets will remain very volatile for the next 3 months: Andrew Holland  Rediff.com1 month ago How El Nino may affect Rajan's plan to cut rates  Rediff.com2 months ago
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