Mumbai: In a conciliatory move, RBI Governor Raghuram Rajan today seemed willing to concede space on the vexed issue of veto power for the central bank chief and said a "broad consensus" has been reached
Mumbai: On the day the RBI kept interest rates unchanged, calling on commercial banks to relay onward benefits of earlier rate cuts, government-run State Bank of India (SBI) on Tuesday ruled out any interest rate
Mumbai: Ignoring the clamour for an easing of monetary policy, India's central bank kept its key lending rates unchanged on Tuesday, sticking to its stand that further cut can only be effected if commercial lenders
Mumbai: Reserve Bank today kept its policy rates unchanged, with Governor Raghuram Rajan saying that the headline inflation is at elevated levels and banks are yet to pass on the full benefits of previous rate
New Delhi: Reserve Bank Governor Raghuram Rajan has said Rs 25,000 crore of capital infusion planned by the government in public sector banks this fiscal is "adequate and a good beginning".While Finance Minister Arun Jaitley
Mumbai: Flagging the issue of lack of enough economists in the country, Reserve Bank India (RBI) Governor Raghuram Rajan has said that the inability to get quality talent may be hurting policy-making."In our country, there
New Delhi: The railway ministry and its PSU Indian Railway Finance Corporation hosted a meeting of banks and financial institutions over an investment plan of Rs.8.5 lakh crore in the coming five years to strengthen and
Chennai: Confident of economic recovery, RBI Governor Raghuram Rajan today said capital investments are picking up but a stronger growth would require more reforms and clearing bottlenecks for stalled projects.Rajan, known for critical analysis of
Mumbai: With Raghuram Rajan's comments on 1930s-like problems resurfacing having created a flutter, the RBI on Sunday said the governor did not imply there being an imminent risk of the world economy slipping again into
London: RBI Governor Raghuram Rajan has asked central banks from across the world to define "new rules of the game" as he warned that the global economy may be slipping into problems similar to the
Mumbai: Centre is looking at hedging risks as it is planning to raise Rs 1 lakh crore in dollars for the port sector, Union minister for Shipping and Ports Nitin Gadkari has said."I am unable
New Delhi: Reserve Bank of India (RBI) Governor Raghuram Rajan on Thursday met Finance Minister Arun Jaitley and discussed macroeconomic issues.“These are all usual meetings which we have. Nothing special. Broad range of issues were
New Delhi: RBI Governor Raghuram Rajan on Friday said the central bank has not shut its door on rate cut and will take a view depending upon the evolving situation with regard to monsoon and
Mumbai: The economy is expected to grow at a rate of 7.8 per cent in the current fiscal, a shade lower than earlier forecast of 7.9 per cent, says a survey sponsored by the Reserve
New Delhi: Reserve Bank of India (RBI) on tuesday lowered its short-term lending rate by 25 basis points in a move that could potentially reduce the cost of borrowings on personal and corporate loans. In
New Delhi: Senior IAS officer Arun Baroka, who was holding charge of PWD Secretary in the city, was today relieved from his duty by the AAP government.Baroka, who was also holding additional charge of Secretary
New Delhi: In a big relief to home and auto loan borrowers, several banks led by market leader SBI today slashed lending rates by up to 0.3 per cent after RBI cut key policy rate.State
Mumbai: RBI today lowered its economic growth forecast for 2015-16 to 7.6 per cent, from 7.8 per cent earlier, with Governor Raghuram Rajan saying that the real growth can be much weaker than the high
Mumbai: Doing some plain-speaking, Governor Raghuram Rajan today said RBI is not a 'cheerleader' and he may have "erred a bit" in lowering the policy rate to push investments as growth was not happening at
Mumbai: The first set of new banking licences will be issued by August, taking the number of such private financial institutions operating in the country to more than 12."I hope to announce at least one
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