Wednesday, May 22, 2013 2:03 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.

Articles About RBI

Beyond the reach of banks, Indians targeted by outlaw fund scams

By Reuters UK

Dalia Ghosh, a 28-year-old nurse in the eastern Indian city of Kolkata, invested her savings in an unlicensed fund run by media conglomerate Saradha Group last year, hoping to start her own clothes business. (May 17)

MORE TOPICS: INDIA, BOLLYWOOD, INVESTMENT, CONGRESS

BSE Sensex
Sensex Up Over 200 Points; Banks Rise On Rate Cut Hopes

By Reuters

The Sensex gains 1.NSEI is up 1 percent. Lenders such as ICICI Bank Ltd (ICBK.NS) gain after RBI Governor Duvvuri Subbarao said he would take note of falling inflation when discussing potential interest rate cuts. (May 15)

MORE TOPICS: ICICI

A worker packs onion bags at a wholesale vegetable market in Chandigarh December 21, 2010.
Inflation at 4.89%, Back in RBI's Comfort Zone

By Reuters

India's headline inflation fell below 5 percent in April, putting it back in the Reserve Bank's comfort zone for the first time in more than three years and fuelling market hopes for more monetary easing to revive the economy's pedestrian growth rate. (May 14)

MORE TOPICS: BARCLAYS, MANUFACTURING, RETAIL

India’s Industrial Production Rises to 2.5% in March

By IBTimes UK

Industry bodies seek further monetary easing to spur growth. (May 10)

MORE TOPICS: MANUFACTURING, INDIA, INVESTMENT

The Reserve Bank of India (RBI) Logo
RBI Cuts Repo Rate by 25 bps, Warns of Little Room for More

By Reuters

The Reserve Bank of India (RBI) cut interest rates on Friday by a quarter point for the third time since January but said there is little room for further policy easing, disappointing investors and putting the onus on the government to revive a moribund economy. (May 04)

MORE TOPICS: GDP, RETAIL, ELECTIONS, INDIA, EUROPEAN CENTRAL BANK, CONSUMER PRICE INDEX

Reserve Bank of India
India Cuts Interest Rates Again to Tackle Economic Slowdown

By IBTimes UK

The RBI has cut repo rate by 25 basis points to 7.25%, its third cut this year. (May 03)

MORE TOPICS: MANUFACTURING, GDP, ELECTIONS, INDIA

The Reserve Bank of India (RBI) Logo
RBI Likely to Cut Interest Rates to Prod Sputtering Economy

By Reuters

The Reserve Bank of India is expected to cut its policy interest rate by a quarter point on Friday for the third time this year as it looks to bolster an economy growing at a decade low and takes comfort from easing inflation. (May 03)

MORE TOPICS: GOLD, BARCLAYS, GDP, INDIA, CONSUMER PRICE INDEX, INVESTMENT

India likely to cut interest rates to prod sputtering economy

By Reuters UK

The Reserve Bank of India is expected to cut its policy interest rate by a quarter point on Friday for the third time this year as it looks to bolster an economy growing at a decade low and takes comfort from easing inflation. (May 03)

MORE TOPICS: GOLD, BARCLAYS, GDP, INDIA, CONSUMER PRICE INDEX, INVESTMENT

The Reserve Bank of India (RBI) Logo
RBI May Sweeten Rate Cut with Lower Cash Reserve Ratio

By Reuters

The Reserve Bank of India may sweeten its expected 25 basis point interest rate cut on Friday with a similar reduction in the cash reserve ratio to ease tight market liquidity conditions as increasingly benign inflation gives it room to manoeuvre. (May 02)

MORE TOPICS: GOLD, BARCLAYS, STANDARD CHARTERED BANK, MANUFACTURING, GDP, INDIA

A broker reacts while trading at a stock brokerage firm in Mumbai November 11, 2008.
BSE Sensex Falls; Dealers Say Rate Cut Priced In

By Reuters

The BSE Sensex falls 0.35 percent while the Nifty is also down 0.49 percent. Traders say rise of about 6.4 percent in benchmark index in the last two weeks as of Thursday's close, shows the market has already discounted a rate cut and current le... (Apr 26)

MORE TOPICS: COURT, ICICI