RBI offers no respite to borrowers, keeps interest rates unchanged for 4th time in a row
While the unchanged policy will not result in any relief to borrowers in the festive season, RBI relaxed the 'know your customer' norms by allowing self-certification of documents needed for opening bank accounts.
Sep 30, 2014, 18:53 PM ISTRBI to cut down "pre-emptions" to spur efficiency
A day after he lowered SLR, the mandatory government bond holding requirements for banks, Reserve Bank Governor Raghuram Rajan on Wednesday said RBI is all for reducing "pre-emptions" over a longer horizon for more efficiency in the financial system.
Aug 06, 2014, 14:24 PM ISTSensex slips below 25,700 after RBI keeps rates unchanged
The benchmark Bombay Stock Exchange Sensex on Tuesday slipped below 25,700 in late morning trade after the RBI kept interest rates unchanged in its monetary policy review.
Aug 05, 2014, 11:16 AM ISTRBI policy review on Tuesday likely to hold rates
The Reserve Bank of India (RBI) is likely to keep rates unchanged when it reviews its monetary policy Tuesday as part of its bi-monthly exercise.
Aug 03, 2014, 22:09 PM ISTSBI, BoB seek treatment of gold deposits as part of CRR/SLR
The country's two biggest state-run lenders Saturday pitched for treating a portion of their gold deposits as part of the mandatory cash reserve ratio (CRR) or statutory liquidity ratio (SLR), both of which banks consider as non-productive.
Jun 28, 2014, 17:25 PM IST