Cheque dishonour case: RBI eases norms in events of Rs 1 crore and above
Easing norms in the cheque dishonour cases of Rs 1 crore and above, Reserve Bank of India on Thursday left the decision to the discretion of the lender on whether to issue fresh chequebooks or not in such issues.
Aug 04, 2016, 19:37 PM IST
Heavy rain in China kills at least 24, millions evacuated
Heavy rain in China has killed at least 24 people and forced 16 million from their homes, state media reported on Saturday.
Jul 23, 2016, 11:12 AM IST
Current position of rupee is pretty reasonable: Raghuram Rajan
RBI Governor Raghuram Rajan on Monday said the current level of the rupee is "pretty reasonable" and any attempt to devalue it may lead to a surge in inflationary pressures and "offset any benefits".
Jul 18, 2016, 14:45 PM IST
Raghuram Rajan a 'great' central bank governor: World Bank President
Describing Raghuram Rajan as a "great" central bank governor, World Bank President Jim Yong Kim Thursday said he has been told by the Indian leadership that Reserve Bank will continue to have an independent head.
Jun 30, 2016, 18:38 PM IST
No second term, will return to academia after RBI tenure ends: Raghuram Rajan
Reserve Bank of India Governor Raghuram Rajan has said that he will return to academia when his current term ends at the Central Bank on September 4.
Jun 18, 2016, 17:08 PM IST
Russia cuts key rate for first time in over 10 months
Russia`s central bank cut its key interest rate by half a percentage point Friday, the first reduction in nearly a year after the ruble recovered thanks to a bounce in oil and fading inflation fears.
Jun 10, 2016, 18:36 PM IST
India's 10 largest public sector banks
Checkout India's 10 largest public sector banks
Jun 03, 2016, 12:37 PM IST
Raghuram Rajan unsure about second innings at RBI
Raghuram Rajan's three-year tenure as Reserve Bank of India (RBI) governor ends on September 4. Considering this, various speculations are being made on a daily basis whether Rajan will be awarded a second term by the present government or not.
May 09, 2016, 14:55 PM IST
'RBI may slash interest rates in August on easing inflationary pressure'
The Reserve Bank is likely to cut key rates by 25 basis points or 0.25 percent in its policy review meeting on August 9, largely owing to benign inflation, low IIP growth and good monsoon forecast, a report says.
Apr 18, 2016, 13:30 PM IST
RBI intervenes via state-run banks to curb rupee's rise, traders say
The Reserve Bank of India has intervened aggressively to curb the rupee`s strength as it struck three-month highs, two traders said on Thursday, estimating that the central bank had bought around $1 billion since Wednesday.
Mar 31, 2016, 15:05 PM IST
Banks ask RBI to leave government's surplus cash with them to maintain liquidity in money market
lenders have asked the Reserve Bank of India (RBI) to leave surplus cash of the government with them so as to prevent a situation where money market is devoid of ample liquidity
Mar 19, 2016, 09:02 AM IST
Reserve Bank Governor Raghuram Rajan calls for global rules of conduct for central banks
Reserve Bank Governor Raghuram Rajan today called for a system for assessing the wider impact of monetary policies of global central banks, including unconventional tools and their spillover effect, and colour codes for rating them
Mar 12, 2016, 19:22 PM IST
G20 finance ministers warn against Brexit
Ministers from the world`s biggest economies lined up on Saturday to warn against a potential British exit from the European Union.
Feb 27, 2016, 18:14 PM IST
Pressure rising on RBI to cut rate tomorrow
Most bankers and experts believe that the possibility of an interest rate cut by the Reserve Bank on August 4 is very low as retail inflation remains high.
Aug 03, 2015, 14:56 PM IST
Govt signals retreat over plans to clip RBI wings
The draft legislation, published on Thursday for public comments, calls for creation of a rate-setting panel, and permits the government to appoint more than half of its members.
Jul 27, 2015, 16:06 PM IST
Greek bank shutdown cost economy 3 billion euros: Report
The three-week shutdown of Greek banks has cost the country`s struggling economy some 3.0 billion euros ($3.3 billion) not counting lost tourism revenue, a report said Saturday.
Jul 18, 2015, 14:32 PM IST
RBI, govt in discussions for recapitalisation of banks: RBI
The government and the central bank are in discussions over recapitalisation of state-owned banks, Reserve Bank Governor Raghuram Rajan said on Thursday.
Jul 02, 2015, 17:26 PM IST
Rajan says not more comfortable on inflation now than in April
The central bank cut its policy repo rate by 25 basis points to 7.25 percent on Tuesday, for the third time this year, to boost investments and growth.
Jun 03, 2015, 14:04 PM IST
China central bank warns of unstable inflation outlook, low prices
China`s central bank warned of deflationary pressure in the world`s second-largest economy on Wednesday as it forecast subdued consumer prices for the year and a challenging growth outlook.
May 27, 2015, 18:18 PM IST
