Wednesday, April 23, 2014 1:14 PM IST

RBI

The Reserve Bank of India (RBI, Hindi: भारतीय रिज़र्व बैंक) is the central banking system of India and controls the monetary policy of the rupee  as well as 287.37 billion US-Dollar (2009) currency reserves. The institution was established on 1 April 1935 during the British-Raj in accordance with the provisions of the Reserve Bank of India Act, 1934 [1]  and plays an important part in the development strategy of the government.

Headlines Around the Web

RBI panel for differentiated banks

Jan 08 - The Times of India

RBI to check benchmark rates?

Jan 04 - The Times of India

Rupee closes 10 paise up at 62.16

Jan 03 - The Times of India

Oil cos hike ATF prices by 2.7%

Jan 02 - The Times of India

Inflation a hurdle for easy money policy: RBI

Dec 30 - The Times of India

No move to regulate Bitcoins: RBI

Dec 29 - The Times of India

RBI asks people to be cautious of bitcoins

Dec 28 - The Times of India

India's forex reserves drop by $12.6mn

Dec 28 - The Times of India

Not end of the road for soiled notes: RBI

Dec 28 - The Times of India

3D printing becomes a solid reality

Dec 26 - Financial Times

RBI cautions against use of bitcoins

Dec 25 - The Times of India

Articles About RBI

Higher Food Costs Probably Pushed Inflation up in March
Higher Food Costs Probably Pushed Inflation up in March

By Reuters

Inflation in India is expected to have edged up on higher food costs in March, snapping a three-month easing trend that will give the Reserve Bank of India (RBI) less scope to support the economy amid fresh signs of slowdown. (Apr 15)

MORE TOPICS: RETAIL, ELECTIONS, INDIA, INVESTMENT, CONGRESS

Post-election Showdown Looms for Raghuram Rajan
Post-election Showdown Looms for Raghuram Rajan

By Reuters

India's high-profile RBI governor is likely to come under political pressure to retreat from his hawkish stance on inflation if opposition leader Narendra Modi wins power in the general election. (Apr 04)

MORE TOPICS: INDIA, INTERNATIONAL MONETARY FUND, ICICI, CONGRESS

Reserve Bank of India (RBI) Governor Raghuram Rajan (Photo: Reuters)
Rupee at 55/dollar 'would be too strong' - Rajan

By Reuters

Reserve Bank of India Governor Raghuram Rajan said the rupee at 55 to the dollar would be too strong, the Mint newspaper reported on Thursday, a day after the rupee touched an eight-month high. (Apr 03)

MORE TOPICS: INDIA

A worker cleans the stairs of the Reserve Bank of India (RBI) building in Kolkata December 18, 2013.
RBI Grants IDFC, Bandhan Financial Bank Licences

By Reuters

The Reserve Bank of India (RBI) on Wednesday granted two preliminary licenses to set up new banks in a country where only one household in two has access to formal banking services. (Apr 03)

MORE TOPICS: RETAIL, ELECTIONS, INDIA

A bronze bull sculpture is seen outside the Bombay Stock Exchange (BSE) building in Mumbai, in August, 2013 (Reuters).
BSE Sensex Touches New Life High above 22,500

By Reuters

The BSE Sensex hit a record high for an eighth consecutive session as potential bank licence candidates such as IDFC Ltd(IDFC.NS) surge after the Election Commission allowed the Reserve Bank of India to announce new bank licences before the outcome of general elections set to conclude next month. (Apr 02)

MORE TOPICS: ELECTIONS, INDIA, ICICI

A labourer carries a sack filled with cabbage to load it onto a supply van at a vegetable wholesale market in Chennai on 14 February, 2014.
Economic Data Likely to Point to Weak Growth, High Inflation

By Reuters

Consumer inflation and industrial output data on Wednesday will likely offer little evidence of a respite from high inflation and weak economic growth before a general election that begins next month. (Mar 12)

MORE TOPICS: GDP, RETAIL, INDIA, INVESTMENT, CONGRESS

P. Chidambaram
Government to Set up Inflation Target, RBI to Implement - Chidambaram

By Reuters

The government has the right to set the country's inflation target, while the Reserve Bank of India's (RBI) role is to implement the decision, Finance Minister P. Chidambaram said in a joint news conference with the RBI governor. (Mar 08)

MORE TOPICS: RETAIL, ELECTIONS, INDIA, CONGRESS

Manufacturers Post Fastest Growth in a Year in Feb
Services Activity Slump Moderates in Feb; Orders Fall

By Reuters

The contraction in India's services sector moderated last month but new business declined and input prices rose, a business survey showed on Wednesday. (Mar 05)

MORE TOPICS: HSBC, GDP, INDIA, INVESTMENT

Manufacturers Post Fastest Growth in a Year in Feb
Manufacturers Post Fastest Growth in a Year in Feb

By Reuters

Indian manufacturing activity and new orders showed their strongest growth in a year in February, according to a survey released on Monday that suggested that the worst is over for Indian factories struggling through an economic slowdown. (Mar 04)

MORE TOPICS: IMF, HSBC, MANUFACTURING, INDIA, CONSUMER PRICE INDEX

A February 2003 photo of the Reliance Industries Limited petrochemical plant at Jamnagar.
GDP up 4.7 Percent in Dec Quarter; Data Disappoints Ahead of Election

By Reuters

Contracting industrial output and an investment slowdown dragged India's economic growth to a worse-than-expected 4.7 percent in the three months to December, the last major data release before a general election showed on Friday. (Mar 01)

MORE TOPICS: STANDARD CHARTERED BANK, MANUFACTURING, GDP, INDIA, INVESTMENT