RBI

Foreign exchange reserves hit new high of $359.91 billion

India's foreign exchange reserves stood at a new high of $359.91 billion in the week ended April 8, 2016, according to RBI.

Apr 16, 2016

RBI asks banks with currency chests to frequently review security tools

Currency chests are storehouses where banknotes and rupee coins are stocked on behalf of the RBI.

Apr 14, 2016

SC wants disclosure of loan default details, RBI opposes

SC says total amount of outstanding bank loans is "quite a substantial amount" and "does make out a case" for disclosure.

Apr 12, 2016

Need regulation without too many limitations, RBI Governor Rajan

The RBI's focus is on the inclusion of people without a smartphone, Raghuram Rajan said at the launch of the Unified Payment Interface.

Apr 11, 2016

Bharti Airtel's M Commerce gets payments bank licence from RBI

Payments bank are restricted to holding a maximum balance of Rs. 100,000 per individual customer.

Apr 11, 2016

India's foreign exchange reserves hit an all-time high of $360 billion

The reserves stood at $359.75 billion in the week ended April 1, up from the earlier historic high of $355.94 billion.

Apr 8, 2016

State Bank of India cuts interest rates on home loans

The move by India's biggest lender has come three days after the RBI cut repo rate to a five-year low.

Apr 8, 2016

India's services PMI at 21-month high in March

Both manufacturing and services output have remained conveniently expansionary the past month, according to the Nikkei India Composite PMI Output Index.

Apr 6, 2016

Deposit rates, not repo rate, to decide bankers' further course of action

With deposit growth at the lowest since 1963, bankers would find it really difficult to cut lending rates.

Apr 6, 2016

This is how the industry reacted to RBI's 25bps rate cut

The repo rate cut sends a strong signal to maintain growth in view of the benign inflation and deficient demand, according to the CII.

Apr 5, 2016

Here is how RBI governor Raghuram Rajan views the global economy

At the first FY2017 bi-monthly monetary policy review meeting Tuesday, Raghuram Rajan gave a comprehensive view of the global economy.

Apr 5, 2016

Bombay Stock Exchange BSE indian stock markets equitas holdings small bank

Sensex down over 500 points on lower-than-expected rate cut by RBI

Benchmark indices Sensex and Nifty ended the trading session Tuesday with losses of over 2 percent each.

Apr 5, 2016

Poor monsoon, rupee decline could spike inflation: Moody's

The credit rating agency's caution is similar to the concerns expressed by the RBI after Tuesday's monetary policy review meet.

Apr 5, 2016

RBI cuts repo rate by 25 basis points

Liquidity deficit had worsened from Rs.1.69 trillion as on 28 Jan to Rs. 2.8 trillion as on 2 April 2016.

Apr 5, 2016

Sensex, Nifty gain ahead of RBI's policy meet April 5

Shares of e-commerce retailer Infibeam, which debuted on stock exchanges Monday, ended the day with a gain of over three percent.

Apr 4, 2016

India missed many chances to lead global growth: FM Arun Jaitley

Arun Jaitley said, at the CII's annual session, that continuing with economic reforms holds the key to India leading the world economy.

Apr 4, 2016

India's factory output hits 8-month high in March

The country's manufacturing activity index rose to 52.4, the highest since 52.3 recorded in August 2015.

Apr 4, 2016

Indian banking system throws up worrying trends, says economist

While deposits grew at a five-decade low, currency circulation is at a disturbing high level, says Ajit Ranade.

Apr 2, 2016

India's forex reserves slide from historic high

Foreign exchange reserves dropped $387.5 million in the week ended March 25, after hitting an all-time high of $355.94 billion in the preceding week.

Apr 1, 2016

Indian rupee depreciates 50% in 5 years

The currency was trading at about 66.22 March 31, 2016 afternoon, marking a fall of 48.67 percent over its March 2011 closing of 44.54 to the US dollar.

Mar 31, 2016

Prev 21 22 23 24 25