Rbi

Eating Out And Salon Treatments: A Dilemma Of Inflation Vs Growth For RBI

Business | Thomson Reuters | Thursday June 21, 2018

While markets have already priced in one rate hike in the months ahead, further hikes could put a damper on growth RBI inflation growth

B Sriram, SBI's MD, Appointed As IDBI Bank's CEO

Business | Press Trust of India | Thursday June 21, 2018

B Sriram has been appointed as IDBI Bank's CEO in place of incumbent Mahesh Kumar Jain who was recently named Deputy Governor of the Reserve Bank of India (RBI).

RBI Panel Awaits Clarity, No Sign Of Future Rate Hikes: Minutes

Business | Thomson Reuters | Wednesday June 20, 2018

Reserve Bank MPC members raised concerns over rising household inflationary expectations.

Arun Jaitley 'The Dream Boss': Top 5 Quotes Of Arvind Subramanian

India News | Edited by Arun Nair | Wednesday June 20, 2018

Hours after Union Minister Arun Jaitley confirmed Arvind Subramanian's exit, the outgoing Chief Economic Adviser briefed media about his four year stint in the post. "I had a dream job and my seniors shared the same vision as I did," Mr Subramanian, 59, said. Arvind Subramanian today said he has not yet decided on the exact date of leaving the fina...

Government Open To Giving More Powers To RBI, Says Piyush Goyal

Business | Press Trust of India | Tuesday June 19, 2018

Earlier, RBI Governor Urjit Patel had made a strong case for more powers to effectively regulate public sector banks.

RBI Hikes Housing Loan Limits Under Priority Sector Lending

Business | Press Trust of India | Tuesday June 19, 2018

Currently, loans to individuals for up to Rs 28 lakh in metropolitan centres and Rs 20 lakh in other centres, can be classified under priority sector.

Lavasa, A Billionaire's Dream City Near Mumbai, Turns Into Ghost Town

India News | Anto Antony and Dhwani Pandya, Bloomberg | Wednesday June 20, 2018

The days of zero crime are over. Garbage collection is sporadic, so litter soils the man-made lake. Storefronts are vacant. Signs of neglect are everywhere: maintenance is late or nonexistent.

RBI To Hike Key Lending Rate By Year-End: Poll

Business | Thomson Reuters | Tuesday June 19, 2018

Although inflation has stayed above the RBI's target of 4 per cent for seven months running, upcoming seasonal monsoon rains and the rupee, which has weakened over 6 per cent this year, could determine its path ahead.

Axis Bank Revises Key Lending Rates; EMIs Set To Rise

Business | NDTV Profit Team | Monday June 18, 2018

Axis Bank's overnight MCLR stands revised to 8.10% while for a period of three years, the bank will charge an MCLR of 8.75%.

RBI Permits Banks To Spread Q1 Bond Loss Provision Over One Year

Business | Indo-Asian News Service | Friday June 15, 2018

RBI eased the provisioning norms for bond losses incurred by the banks by allowing them to stagger the mark-to-market losses over four quarters

As RBI's Ban On Bitcoin Looms Closer, Ten Things To Know About Cryptocurrencies In India

Business | NDTV Profit Team | Friday June 15, 2018

Bitcoin ban: In April first year, RBI officially told the banks not to deal with the entities that deal in cryptocurrencies/ digital currencies/ virtual currencies

RBI Should Undertake Random Supervision Of Banks, Says Union

Business | Press Trust of India | Friday June 15, 2018

"We strongly feel that RBI must remain in the scene, not only as an off-site surveyor but an active and alert inspector," Reserve Bank union said.

Hong Kong Branches Of PNB, IOB Under Supervisory Oversight As Capital Ratio Slips Below RBI Norms

Business | Press Trust of India | Wednesday June 13, 2018

At the end of March, 2018, PNB's total capital ratio as per the Basel- III norms declined to 9.20 per cent as against 11.66 per cent

YES Bank Shareholders Reappoint Rana Kapoor As Managing Director, CEO

Business | Indo-Asian News Service | Wednesday June 13, 2018

YES Bank said that Rana Kapoor's re-appointment is subject to final approval by the Reserve Bank of India (RBI).

Retail Inflation Rises To 4.87% In May

Business | Thomson Reuters | Tuesday June 12, 2018

May was the seventh straight month in which inflation was higher than the RBI's medium-term target of 4%.