Monday September 15, 2014
The scheme can be a "waste" if it leads to duplication of accounts, if no transaction happens on the new accounts and if the new users get bad experiences, he added.
Sunday September 7, 2014
Dr Rajan pointed out that the new Modi government has "stuck to the path the old government laid out" to show that there was continuity and this has benefited India in the eyes of the international investors.
Wednesday August 13, 2014
Reserve Bank of India (RBI) Governor Raghuram Rajan said the country was in need of clearer procedures when companies go bankrupt and called for new rules to remedy the situation.
Sunday August 10, 2014
The Reserve Bank of India (RBI) has started discussions with the Finance Ministry on a new monetary policy framework, including measures to reduce retail price inflation, Governor Raghuram Rajan said on Sunday.
India | Reuters | Friday August 8, 2014
Reserve Bank of India (RBI) governor Raghuram Rajan has set himself a target of lowering consumer inflation and is even ready to raise rates to achieve it, risking friction with the new government if he is seen as overstepping.
Thursday July 17, 2014
"The RBI will shortly issue rupees 20 denomination banknotes incorporating rupee symbol, with inset letter E, in the Mahatma Gandhi Series-2005 bearing the signature of Raghuram G Rajan, Governor," RBI said in a release.
India | Press Trust of India | Monday July 7, 2014
A panel headed by former RBI governor C Rangarajan has dismissed the Tendulkar Committee report on estimating poverty and said that the number of poor in India was much higher in 2011-12 at 29.5 per cent of the population, which means that three out ...
Tuesday June 3, 2014
The governor will now have to sell his agenda - which puts priority on the fight against inflation - to India's new prime minister, Narendra Modi, who many count on to push up the growth rate. Investors are hopeful the new government will respond to ...
India | Reuters | Tuesday June 3, 2014
Reserve Bank of India Governor Raghuram Rajan is expected to keep the country's key lending rate unchanged and temper his tough rhetoric on inflation in a conciliatory gesture to a new government elected on a platform of reviving economic growth.
Sunday June 1, 2014
Around 76 per cent of the respondents in the 125-sized sample survey said that RBI Governor Raghuram Rajan is walking a tight rope as he "knows the mind" of the new government, which has been projected as pro-growth.
Friday May 30, 2014
Reserve Bank of India (RBI) Governor Raghuram Rajan said on Friday he expected to join hands with the country's new government to bring down high inflation.
Wednesday May 28, 2014
Reserve Bank Governor Raghuram Rajan had met new Finance Minister Arun Jaitley yesterday and said that fighting price rise is a priority and the central bank has always maintained balance between the need to check inflation and prop-up growth.
Thursday May 15, 2014
Indias new government will face four big challenges - subdued growth, fiscal and current account deficits and sticky inflation, Reserve Bank Governor Raghuram Rajan said on Thursday.
Wednesday April 2, 2014
Reserve Bank of India (RBI) Governor Raghuram Rajan on Tuesday said the process to bring down the high statutory liquidity ratio (SLR) will be taken forward if the new government moves ahead on the path of fiscal consolidation.
Wednesday April 2, 2014
Earlier on Tuesday RBI Governor Raghuram Rajan said, "Once the Election Commission clears, we will be in a position to announce banking licences fairly quickly."
Friday March 28, 2014
Reserve Bank of India (RBI) Governor Raghuram Rajan on Thursday said the apex bank sought the Election Commission's nod over the issue of grant of new bank licences as a matter of caution.
Thursday March 20, 2014
Amid newspaper reports that the Election Commission may put a spanner on the Reserve Bank plan to issue the first few new bank licences by the month-end, senior-most deputy governor KC Chakrabarty on Thursday said the central bank is yet to hear from...
Tuesday February 18, 2014
RBI constituted a high level advisory committee under the chairmanship of former RBI Governor Jalan for screening of 25 applications for new banks in the private sector.
Monday January 20, 2014
Reserve Bank of India (RBI) Deputy Governor Anand Sinha, who was looking after the new bank licence process has retired, even as procedure of granting licences to the private sector is yet to be completed.
Sunday January 19, 2014
The committee held its first meeting on November 1. Other members of the high-level advisory committee are former RBI Deputy Governor Usha Thorat, former Securities and Exchange Board of India Chairman C B Bhave and Nachiket M Mor, Director of the Ce...