You are here:News Home» Topic» D Subbarao»

D Subbarao

submit to reddit

'D Subbarao' - 150 News Result(s)

  • Shame many don't have bank accounts, KYC norms need a relook: RBI chief

    Shame many don't have bank accounts, KYC norms need a relook: RBI chief

    Reserve Bank of India (RBI) Governor Raghuram Rajan has said it is shameful that so many people in the country do not have access to banking and emphasised the need to make KYC norms less bureaucratic.

  • Rupee defence may see 'dramatic re-orientation' under Rajan: report

    Rupee defence may see 'dramatic re-orientation' under Rajan: report

    The Indian rupee crashed to a record low of 68.85 per US dollar last week and is the worst performing Asian currency. The RBI's attempts to tighten liquidty and the government's "quick fix" solutions such as banning duty free import of flat TV sets h...

  • Subbarao's 5-year stormy tenure at RBI ends this week

    Subbarao's 5-year stormy tenure at RBI ends this week

    Under Subbarao's leadership, the RBI raised policy rates 13 times between March, 2010 and October, 2011, testing the government's patience. RBI's tough stance brought down wholesale inflation from double digits in 2010-11 to around 5 per cent now and...

  • How a communication gap made the rupee crisis worse

    How a communication gap made the rupee crisis worse

    The rupee has fallen 10 per cent since July 15, when the Reserve Banks announced its first major plan to defend the currency. These steps to tighten liquidity sent overnight interest rates higher. But even as analysts were discussing the efficacy of ...

  • Raghuram Rajan is the next RBI Governor

    Raghuram Rajan is the next RBI Governor

    Chief Economic Advisor Raghuram Rajan will be the next Reserve Bank of India (RBI) Governor after incumbent D Subbarao retires in September.

  • No rollback timeframe for liquidity steps: RBI chief

    No rollback timeframe for liquidity steps: RBI chief

    Reserve Bank of India Governor D Subbarao has said that liquidity tightening steps were not a panic reaction and he to refused set a timeline to reverse them, justifying the measures to tame the rupee and keep policy rates unchanged.

  • No need for IMF loan, India's economy fairly resilient: RBI chief

    No need for IMF loan, India's economy fairly resilient: RBI chief

    Reserve Bank of India Governor D Subbarao said on Tuesday that India's current economic situation does not warrant any move to seek loans from the International Monetary Fund (IMF).

  • Why RBI's decision to hold rates is good news for EMIs

    Why RBI's decision to hold rates is good news for EMIs

    Though the Reserve Bank of India held on to interest rates in the first quarter policy review on Tuesday, there were concerns that the countrys top lenders will hike lending rates following the string of measures taken by the central bank in the last...

  • Take urgent steps to contain current account deficit or risk further rupee fall: RBI

    Take urgent steps to contain current account deficit or risk further rupee fall: RBI

    The large CAD, well above the sustainable level of 2.5 per cent of GDP for three years in a row, is a formidable structural risk factor, the RBI said in the review.

  • Weak rupee to adversely hit fuel prices in coming months: RBI

    Weak rupee to adversely hit fuel prices in coming months: RBI

    The stronger than expected monsoon has not yet softened food inflation as much as it should have and in particular, vegetable prices have been impacted by weather-driven supply disruptions, said RBI Governor D Subbarao while unveiling the first quart...

  • Cobrapost allegations: Action against some more banks on the anvil, says RBI chief

    Cobrapost allegations: Action against some more banks on the anvil, says RBI chief

    The Reserve Bank of India (RBI) said on Thursday that it will take action against some more banks for alleged violation of regulatory norms following an expose by a news portal.

  • RBI concerned over high current account deficit

    RBI concerned over high current account deficit

    Voicing concern over high current account deficit (CAD), Reserve Bank Governor D Subbarao today said steps should be taken to reduce it to sustainable levels.

  • Subbarao seconds Chidambaram, asks banks to cut lending rates

    Subbarao seconds Chidambaram, asks banks to cut lending rates

    Endorsing Finance Minister P Chidambaram's call to banks to pass on the benefit of rate cuts to customers, RBI Governor D Subbarao on Thursday said the central bank is also "very conscious" of the need to be supportive of economic growth.

  • RBI to come out with paper on banking structure: Duvvuri Subbarao

    RBI to come out with paper on banking structure: Duvvuri Subbarao

    The Reserve Bank of India (RBI) will come out with a paper on the banking structure in the country discussing issues like consolidation even as it prepares to issue new bank licences after a decade.

  • RBI to intervene in forex market only to curb volatility: Duvvuri Subbarao

    RBI to intervene in forex market only to curb volatility: Duvvuri Subbarao

    Amid the rupee sinking below the 57 mark against US dollar, the Reserve Bank of India said it is not targeting any exchange rate but will intervene in the forex markets only to curb volatility and prevent disruption of macroeconomic stability.

  • Sensex plunges 460 points as rate cut hopes dim

    Sensex plunges 460 points as rate cut hopes dim

    The Sensex and Nifty came under tremendous selling pressure on Friday, while the rupee hit an 11-month low. Reserve Bank of India (RBI) governor D Subbarao on Thursday said inflation was still high and current account gap remained a concern for the I...

  • GDP data fails to lift markets, Sensex down 250 points

    GDP data fails to lift markets, Sensex down 250 points

    In-line GDP data for the March quarter failed to lift sentiments on the Street on Friday as traders focused on Reserve Bank of India (RBI) governor D Subbarao's comments on inflation still being high and concerns over the current account gap dented r...

  • Sensex falls 150 points on RBI comments, GDP data awaited

    Sensex falls 150 points on RBI comments, GDP data awaited

    The BSE Sensex fell over 150 points, while the rupee hit an 11-month low on Friday as Reserve Bank of India (RBI) governor D Subbarao's comments on inflation still being high and concerns over the current account gap dented rate cut hopes.

  • RBI to take note of falling inflation in next policy review

    RBI to take note of falling inflation in next policy review

    The headline wholesale inflation fell to 41-month low in April, dropping within the central bank's comfort zone of less than 5 per cent and fuelling market hopes for more monetary easing to revive sagging economic growth.

  • RBI gears up for plastic notes as 20% paper bills get soiled

    RBI gears up for plastic notes as 20% paper bills get soiled

    As the Reserve Bank gears up for a trial of plastic currency notes, it has to dispose of soiled paper currency bills worth an estimated amount of over Rs 2 lakh crore a year.

Advertisement
Advertisement