Is Raghuram Rajan's policy anti-growth?
Sep 20, 2013
Repo rate hike not negative for growth: RBI chief
Sep 20, 2013
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...
Sunday December 22, 2013
The week ahead should see the markets seek new highs as strong foreign flows and improved sentiment drive stocks higher. The Raghuram Rajan effect again played out as the RBI Governor did the unthinkable and left lending rates unchanged on expectatio...
Thursday December 19, 2013
Three months into his new job, Reserve Bank of India (RBI) Governor Raghuram Rajan on Wednesday moved to shed his hawkish inflation stance and surprised the markets and analysts by unexpectedly holding key rates.
Sunday December 15, 2013
The committee held its first meeting on November 1. The other members of the high-level advisory committee (HLAC) are former RBI Deputy Governor Usha Thorat, former Securities and Exchange Board of India Chairman C B Bhave, and Nachiket M Mor, Direct...
Wednesday December 11, 2013
An expert committee headed by former Reserve Bank of India (RBI) Governor Bimal Jalan has said it will submit its report on applications for new bank licences three months after the apex bank completes scrutiny of all 25 applicants.
Thursday November 14, 2013
The Reserve Bank of India has already hiked the key repo rate by 25 basis points (0.25 per cent) twice since Raghuram Rajan took over as the governor in September. Another hike in repo rate would mean higher EMIs for existing home loans and higher in...
Friday November 1, 2013
The four-hour long meeting of the high-level advisory committee (HLAC) was attended by other members---Usha Thorat, former RBI Deputy Governor, C B Bhave former SebiI chief, and Nachiket M Mor, Director of the Central Board of Directors of RBI.
Friday October 25, 2013
These days, it seems that we are being inundated with daily news about an Indian economic "comeback" of sorts. The Sensex is hitting daily highs, the new RBI governor, Raghuram Rajan seems to have brought a sense of euphoria to the country through "s...
Saturday October 19, 2013
"With its advanced liquidity and queue management features, the new RTGS system is expected to significantly improve the efficiency of financial markets," Dr Rajan said while inaugurating the ISO 20022-compliant system.
Sunday October 6, 2013
Reserve Bank of India (RBI) Deputy Governor K C Chakrabarty has said that only a provisional list of new bank licencees will be announced by January and it will take at least two years for a player to become operational.
Saturday October 5, 2013
The Reserve Bank of India (RBI) has set up a three-member committee led by former Governor Bimal Jalan to scrutinise applications for new bank licences, which are expected to be awarded by January.
Thursday October 3, 2013
The decision was taken at a meeting between finance minister P. Chidambaram and new Reserve Bank governor Raghuram Rajan. A reduction in interest rates is likely to drive demand in the festive season and will also benefit lenders, who have been under...
Sunday September 29, 2013
Soon after Raghuram Rajan took charge as the 23rd Governor of RBI this month, he had said that an external committee would be headed by Jalan to screen the 26 applications for bank licences.
Friday September 27, 2013
Central banks risk sparking new crises by keeping their loose policy in place for too long, Reserve Bank of India (RBI) Governor Raghuram Rajan said on Thursday.