RBI

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Here is what RBI governor Raghuram Rajan said on inflation, GDP growth rate, commodity prices and global economy

Outgoing RBI Governor Raghuram Rajan left the repo rate unchanged at 6.50 percent.

Aug 9, 2016

RBI Governor Raghuram Rajan leaves repo rate unchanged at 6.50%; retains FY17 growth forecast at 7.6%

RBI governor Raghuram Rajan has left repo rate unchanged at 6.50 percent, FY17 GDP growth rate projection retained at 7.6 percent.

Aug 9, 2016

What India's formal adoption of inflation target means?

The RBI-monitored inflation targeting aims to keep retail price index at check below 4 percent till 2021.

Aug 5, 2016

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RBI's new alert website to save people from investing in ponzi schemes

The initiative is expected to streamline the search for genuine operators, while keeping away fraudsters.

Aug 4, 2016

Global politics, local bad loans to slow credit growth in India for FY17

Brexit and political crises elsewhere threaten global growth and consequent capital inflows to India, says a survey by Ind-Ra.

Aug 1, 2016

Subir Gokarn will make a suitable central bank governor: Former RBI chief D Subbarao

Subir Gokarn's name has been doing the rounds as a possible candidate to replace Raghuram Rajan.

Jul 26, 2016

How creditworthy are you? CIBIL to release annual credit score for free, says RBI Chief

Most Indians are unaware of such a rating and are also unmindful of any discrepancies, if existing, in their reports

Jul 23, 2016

SBI-Brookfield create Fund to tackle India's bad loan problem

The Brookfield-SBI fund may entice other banks to join the corpus or create new funds to invest in the India's stressed assets.

Jul 20, 2016

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Sovereign Gold Bond Scheme: Things to know about the fourth issue that opens on July 18

The fourth tranche (issue) of the Sovereign Gold Bond Scheme will open on July 18, the RBI said on Thursday.

Jul 15, 2016

mobile-banking-on-the-rise-46-of-us-bank-account-holders-to-use-service-by-2017-report

RBI panel to assess opportunities, risks from new-age fintech services

The panel will review the scope of technological platforms, their disrupting innovations, market penetration and consumer experiences on adopting these fintech.

Jul 14, 2016

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Arvind Panagariya: A look at Niti Aayog vice-chairman's profile and his views on Modi govt policies

Niti Aayog vice-chairman Arvind Panagariya is tipped to be appointed as RBI governor Raghuram Rajan's successor.

Jul 13, 2016

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High retail inflation diminishes India's rate cut hopes

With prices of sugar, pulses and vegetables seeing double-digit annual increase, food inflation accelerated to 7.79 percent in June.

Jul 12, 2016

Flyers from India can now buy duty-free goods up to Rs. 25,000

The move comes after request by travellers to increase the limit on purchase of goods at airports.

Jul 11, 2016

Phiroz Vandrevala steps down as TCS non-exec director

However, Phiroz Vandrevala, who has worked with TCS since 1982, will continue to head Diligenta, the IT company's UK-based BPO arm.

Jul 10, 2016

Stressed loans at Indian banks may rise to 8.5% by March 2017, warns RBI

Under a severe stress situation, total bad loans could rise to 9.3 percent in March 2017, the RBI said in its Financial Stability Report.

Jun 28, 2016

Brexit needs greater watch for economies to see larger challenges: Assocham

The charged up political environment could damage the world economy much more than just a few sectoral gains or losses.

Jun 28, 2016

Urjit Patel, Subir Gokarn, Arundhati Bhattarcharya, Rakesh Mohan in race to replace Rajan: Report

While Bhattarcharya heads State Bank of India, Patel is the deputy governor at RBI, a post that Mohan and Gokarn have held earlier.

Jun 27, 2016

Early to gauge Brexit implication on world economy, says RBI Chief

Brexit may have some initial repercussion on the country, but India is relatively on a stronger path, feels Raghuram Rajan.

Jun 25, 2016

India's forex reserves hit record high of $363.83 billion amid market turmoil

Analsyts said FX reserves rose mainly on currency valuations.

Jun 24, 2016

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Brexit: India's market regulators, stock exchanges prop up surveillance to curtail excessive volatility

While the RBI said it maintained a "close vigil" on the referendum's outcome, stock exchanges tightened their vigilance mechanism to curtail any excessive volatility in the markets.

Jun 22, 2016

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