Mumbai: Giving in to overwhelming demands for an easing of the monetary policy, the Reserve Bank of India (RBI) on Monday lowered its short-term lending rate by 25 basis points in a move that could
Mumbai: Asserting that values are very important in both professional and personal lives, Reserve Bank Governor Raghuram Rajan has asked students not to take economic freedom for granted.Rajan was addressing the students of the Dhirubhai
New Delhi: With the Reserve Bank of India's second bi-monthly monetary policy review of this fiscal coming up, the government on Saturday strongly urged central bank Governor Raghuram Rajan to cut interest rates."I only ask
Srinagar: Reserve Bank Governor Raghuram Rajan yesterday said it was a 'worthwhile ambition' to pursue Make In India campaign but cautioned that the whole effort should not be made towards producing for overseas markets as
New Delhi: Congress today disputed RBI Governor Raghuram Rajan's remark that the Narendra Modi dispensation has taken steps to create an environment for investment and is "sensitive" to concerns of investors. "Please talk to the
New York: 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
New York: Raising concern over central banks globally being pushed into "competitive monetary easing", RBI Governor Raghuram Rajan today said lower interest rates and tax incentives can boost investments, but it is consumer demand that
Chandigarh: Cautioning against taking farmer suicides "lightly", RBI Governor Raghuram Rajan today said small and marginal farmers across the country should have access to formal financing.Speaking within days of a farmer committing suicide at a
New Delhi: Reserve Bank of India (RBI) governor Raghuram Rajan has received a mail threatening his life.Rajan received this mail in his official account in which sender threatened to eliminate him. DNA quoted Mumbai police
New Delhi: Finance Minister Arun Jaitley is leaving for the US tomorrow night to attend the IMF-World Bank Spring meetings in Washington.RBI Governor Raghuram Rajan and other senior officials of the Finance Ministry and the
New Delhi: Reserve Bank Governor Raghuram Rajan today said the central bank is looking at allowing full capital account convertibility in a few years.“My hope is that we will get to full capital account convertibility
New Delhi: Reserve Bank of India Governor Raghuram Rajan today said that banks in distress will get capital support from the government if they make a clear case for recapitalisation.The government has changed the criteria
Mumbai:The Reserve Bank of India (RBI) today nudged banks to cut lending rates in line with the central bank's accommodative policy stance, stressing that the sooner it happens, the better it would be for the
Mumbai:The Reserve Bank today sounded optimistic about meeting the 6 per cent retail inflation target for January next year but sounded cautious about the new GDP forecast, projecting 7.8 per cent growth for the current
Mumbai: Reserve Bank Governor Raghuram Rajan today kept policy rate unchanged awaiting clarity on impact of unseasonal rains on food inflation even as he wanted banks to pass on benefits of previous two rate cuts.The
Mumbai: The Reserve Bank of India (RBI) will today announce its first bi-monthly monetary policy review of the current fiscal.India Inc has pitched for rate cut to boost economic activities, but the central bank may
New Delhi: Days ahead of RBI's annual monetary policy, Finance Minister Arun Jaitley on Wednesday said India needs lower interest rates for high growth and certainly there will be more rate cuts in future triggering
Mumbai: The Reserve Bank today instructed all banks, who deal with government business, to keep designated branches open on March 30 and 31. “It has been decided that all agency banks shall keep the counters
The rise in government borrowings through bonds is impeding the growth of the corporate debt market in the country, Reserve Bank Deputy Governor R Gandhi said today."The huge supply of government paper in the country
New Delhi:Reserve Bank of India (RBI) Governor Raghuram Rajan on Sunday advocated keeping the proposed public debt agency independent of the government as well as the RBI to ensure fiscal discipline."Public Debt Management Agency as
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