Brazil inflation outstrips target
Brazilian prices rose 0.51 percent in November and the 12-monthly inflation figure rose to just above a government target of 6.56 percent, the National Statistical Institute (IBGE) said Friday.
Dec 05, 2014, 20:16 PM IST
Central Bank to raise Rs 626.23 cr from pref issue to LIC
The capital raising committee of the board approved raising of additional equity capital by issuance of up to 8.28 crore shares at Rs 75.55 per equity, Central Bank of India said in a statement.
Dec 03, 2014, 18:31 PM IST
FPIs remain saddled-up, awaiting green signal on rate cut
An upbeat economic scenario, coupled with international global cues and anticipation of a dovish central bank move in its upcoming monetary policy review have firmly got foreign investors` interest glued to Indian equities.
Nov 29, 2014, 20:21 PM IST
S&P 500 ticks up to record on central bank bets
US stocks rose on Monday on hopes that China will take further accommodative monetary policy action if needed, while merger deals kept traders focused even as volumes were below average.
Nov 25, 2014, 09:59 AM IST
RBI asks banks to be cautious on inoperative account payments
It also asked banks to carry out proper due diligence in accordance with risk category of the customers before making any such payments.
Nov 23, 2014, 11:29 AM IST
South Africa holds inflation rate at 5.9 percent
South Africa`s headline inflation rate remained unchanged in October at 5.9 percent, slightly below the central bank`s ceiling of six percent, official data showed on Wednesday.
Nov 19, 2014, 16:47 PM IST
Central Bank returns to profit on better margin, low provision
Central Bank of India today reported net profit of Rs 103 crore in the September quarter on lower provisioning and improvement in margins, as against a whopping Rs 1,509 crore net loss a year ago.
Nov 08, 2014, 21:06 PM IST
RBI deputy says to adopt panel views on bank boards in phases
The country`s government-controlled banks together hold over 70 percent of market share by loans.
Nov 06, 2014, 20:10 PM IST
New Zealand interest rates stay on hold
New Zealand`s central bank left interest rates unchanged at 3.5 percent on Thursday, citing modest inflation despite above-trend economic growth.
Oct 30, 2014, 03:20 AM IST
Final norms for payment banks next month: RBI Deputy Guv
To deepen the financial inclusion process, and help get more people under the formal financial system, the RBI has mooted the idea of small banks and payments banks.
Oct 12, 2014, 12:05 PM IST
China considering replacing central bank head: WSJ
Chinese central bank Governor Zhou Xiaochuan, an advocate of pro-market financial reforms, may lose his job in a reshuffling that follows internal battles over overhauling the economy, the Wall Street Journal reported on Wednesday.
Sep 25, 2014, 04:18 AM IST
India's forex reserves down $1.61 bn to $315.69 bn
In the week to September 5, the reserves had dipped by USD 1.327 billion to USD 317.313 billion.
Sep 19, 2014, 18:55 PM IST
Money laundering: RBI takes action against erring UCBs
The central bank has also asked state governments to take stern action against any other erring UCBs after reports emerged that such entities were being used as conduits for money laundering.
Sep 14, 2014, 11:47 AM IST
Don't follow straightjacket approach on inflation: RBI director
Reflecting on differences within the Reserve Bank, noted economist and RBI's independent director Indira Rajaraman on Thursday said the central bank should not follow a straightjacket approach of controlling inflation.
Sep 11, 2014, 20:11 PM IST
RBI bought net $5.45 billion in spot FX market in July
Net outstanding forward dollar purchases as of end-July stood at $5.4 billion as against net sales of $154 million in June.
Sep 10, 2014, 17:26 PM IST
RBI to release annual GDP data Friday
RBI due to release the GDP (gross domestic product) figures Friday, growth in the current fiscal is expected top 5.5 percent as predicted by the country`s central bank.
Aug 28, 2014, 18:53 PM IST
RBI to transfer Rs 52,679 cr surplus profit to govt
Last year, the RBI had transfered its Rs 33,010 crore surplus profit to the Centre.
Aug 11, 2014, 13:51 PM IST
RBI to transfer surplus profit of $8.62 billion to govt
The central bank said the transfer will take effect on Monday.
Aug 11, 2014, 08:17 AM IST
Rajan warns of global assets crash
The Governor expressed fears that central banks "may be exhausting room on the financial side and creating a situation where there will be a discontinuous movement in the financial sector."
Aug 07, 2014, 22:59 PM IST
SLR cut will spur lending: Raghuram Rajan
The RBI Governor Raghuram Rajan on Tuesday said that the SLR cut will enable the banks to lend more money.
Aug 05, 2014, 12:19 PM IST
