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'Rbi' - 1000 News Result(s)

  • 2014: Raghuram Rajan Fights for RBI Autonomy Amid Rate Cut Rants

    2014: Raghuram Rajan Fights for RBI Autonomy Amid Rate Cut Rants

    Raghuram Rajan says he is neither Superman nor James Bond, but he appears to have emerged as a 'lone ranger', fighting persistent rate cut demands, "schizophrenic" attempts to weaken the Reserve Bank of India (RBI) and even rumours about he being 'ki...

  • FIPB Clears HDFC Bank and Ratnakar Bank FDI Proposals

    FIPB Clears HDFC Bank and Ratnakar Bank FDI Proposals

    Banks can have up to 49 per cent foreign investment without regulatory approval but require approval from RBI and the FIPB if they want to increase the foreign investment limit to 74 per cent.

  • Monetary Policy Lost Credibility During 2007-13: Government Report

    Monetary Policy Lost Credibility During 2007-13: Government Report

    In a scathing criticism of the Reserve Bank of India (RBI), covering the tenure of previous two governors, the Mid-Year Economic Review on Friday said that monetary policy lost its credibility between 2007 and 2013.

  • RBI Allows Up to 100% FII Investment in Crompton Greaves

    RBI Allows Up to 100% FII Investment in Crompton Greaves

    The decision follows passage of resolutions at company's board of directors' level and a special resolution by the shareholders, agreeing for enhancing the limit for the purchase of its equity shares and convertible debentures by FIIs/RFPIs.

  • RBI May Cut Rates Early Next Year: Rangarajan

    RBI May Cut Rates Early Next Year: Rangarajan

    The latest policy statement has clearly given indication if the price behaviour is along the trajectory envisage...I expect probably changes will come in the early part of next year. It could be any time.

  • Sahara Case: Money From Abroad Only After RBI Accord, Says Court

    Sahara Case: Money From Abroad Only After RBI Accord, Says Court

    The Supreme Court on Wednesday said that the money likely to be arranged by the Sahara group from overseas to raise Rs 10,000 crore for the release of its jailed chief Subrato Roy would come into the country only after necessary clearances by the Res...

  • Falling Rupee May Spook Rate Cut Hopes: SBI

    Falling Rupee May Spook Rate Cut Hopes: SBI

    Continued weakening of the rupee driven by external factors is likely to delay any interest rate cut by the Reserve Bank of India, according to a survey.

  • RBI Fines ICICI, Bank of Baroda Over Know Your Customer Norms

    RBI Fines ICICI, Bank of Baroda Over Know Your Customer Norms

    The Reserve Bank of India (RBI) has fined ICICI Bank Ltd and state-run Bank of Baroda over violations of customer protection rules that allowed fraudsters to cash fake checks and postal orders for up to two years.

  • Rupee Ends at 63.61/Dollar, Recovers From Day's Low

    Rupee Ends at 63.61/Dollar, Recovers From Day's Low

    The rupee retreated from thirteen-month lows after the Reserve Bank of India (RBI) stepped up intervention, while bonds also recovered despite concerns over whether foreign funds will stick with India, one of the star performers this year among emerg...

  • Rupee Recovers after Sliding to 63.89/Dollar

    Rupee Recovers after Sliding to 63.89/Dollar

    The rupee recovered sharply on Wednesday, bouncing back to 63.57 per dollar from the day's low at 63.89. The partially convertible currency had closed at 13-month low of 63.53 on Tuesday. The RBI was spotted intervening in the spot foreign exchange m...

  • India Less Vulnerable to Rupee Falls: Policymaker

    India Less Vulnerable to Rupee Falls: Policymaker

    The Reserve Bank of India will also not target a level for the rupee and will allow the exchange rate to be market determined, the official added, reiterating the central bank's policy.

  • Sensex Slumps 2%; Weakening Rupee Challenges Rate Cut Hopes

    Sensex Slumps 2%; Weakening Rupee Challenges Rate Cut Hopes

    The BSE Sensex slumped nearly 2 per cent on Tuesday, marking its biggest daily fall in more than five months on worries the global turmoil will spur heavy foreign selling and force the Reserve Bank of India (RBI) to delay expected cuts in interest ra...

  • Lenders Fall on Fears of Delay in Rate Cuts

    Lenders Fall on Fears of Delay in Rate Cuts

    The rupee weakened to its lowest in 13 months on concerns over global economy, Russia rate hike.

  • Rupee Falls; Global Turmoil Raises Rate Cut Doubts

    Rupee Falls; Global Turmoil Raises Rate Cut Doubts

    But efforts by the government and the central bank to narrow the current account deficit and the election of Prime Minister Narendra Modi have sparked a sharp turnaround: foreign investors have purchased a net $43.4 billion in shares and bonds this y...

  • RBI to Wait for 'Clearer Read' Before Cutting Rates in April-June

    RBI to Wait for 'Clearer Read' Before Cutting Rates in April-June

    The Reserve Bank of India (RBI) is likely to cut policy rates by 50 basis points, or 0.5 per cent, starting from the second quarter of 2015, as base effects for industrial production and inflation normalise over the coming months, according to a repo...

  • BofA-ML Sees 0.25% Rate Cut in February on Easing Inflation

    BofA-ML Sees 0.25% Rate Cut in February on Easing Inflation

    With concerns on inflation ebbing and industrial production contracting in October, Bank of America-Merrill Lynch (BofA-ML) on Monday said it expects the Reserve Bank of India (RBI) to reduce key policy rates by 0.25 per cent in February and 0.75 per...

  • RBI Imposes Rs 1 Lakh Fine on Credit Information Agency

    RBI Imposes Rs 1 Lakh Fine on Credit Information Agency

    The Reserve Bank of India (RBI) on Monday levied a penalty of Rs 1 lakh on fledgling credit bureau CRIF High Mark Credit Information Services for failing to appoint a whole-time managing director.

  • RBI Eases Refinancing Rules for Infrastructure Loans

    RBI Eases Refinancing Rules for Infrastructure Loans

    The Reserve Bank of India (RBI) eased rules for long-term loans by lenders to the infrastructure sector and heavy industry, allowing for easier refinancing and more flexible restructuring as part of widely expected measures.

  • Career Point Surges 20% on RBI's NBFC Nod

    Career Point Surges 20% on RBI's NBFC Nod

    The company plans to infuse Rs 10 crore in January-March quarter and by 2015-16, it expects Srajan Capital's loan portfolio at close to Rs 50 crore.

  • Rapidly Cooling Inflation Supports Case for Rate Cut

    Rapidly Cooling Inflation Supports Case for Rate Cut

    Asia's third-largest economy is recovering from the slowest phase of growth since the 1980s, having lost momentum in the last quarter which has raised calls from industry for more support.

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