Raghuram Rajan
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Governor doesn't need veto on rates, but needs autonomy: Raghuram Rajan
Aug 04, 2015, 05:54 PM ISTMumbai: In a conciliatory move, RBI Governor Raghuram Rajan today seemed willing to concede space on the vexed issue of veto power for the central bank chief and said a "broad consensus" has been reached
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SBI rules out interest rate cut in near-term
Aug 04, 2015, 02:41 PM ISTMumbai: On the day the RBI kept interest rates unchanged, calling on commercial banks to relay onward benefits of earlier rate cuts, government-run State Bank of India (SBI) on Tuesday ruled out any interest rate
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India's central bank now awaits commercial lenders to cut rates
Aug 04, 2015, 01:02 PM ISTMumbai: Ignoring the clamour for an easing of monetary policy, India's central bank kept its key lending rates unchanged on Tuesday, sticking to its stand that further cut can only be effected if commercial lenders
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Raghuram Rajan leaves rates unchanged; asks banks to lower rates
Aug 04, 2015, 01:45 PM ISTMumbai: Reserve Bank today kept its policy rates unchanged, with Governor Raghuram Rajan saying that the headline inflation is at elevated levels and banks are yet to pass on the full benefits of previous rate
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Capital infusion of Rs 25,000 crore a good beginning: Raghuram Rajan
Aug 01, 2015, 09:10 AM ISTNew Delhi: Reserve Bank Governor Raghuram Rajan has said Rs 25,000 crore of capital infusion planned by the government in public sector banks this fiscal is "adequate and a good beginning".While Finance Minister Arun Jaitley
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Lack of good economists impacting policy-making: Raghuram Rajan
Jul 28, 2015, 11:03 PM ISTMumbai: Flagging the issue of lack of enough economists in the country, Reserve Bank India (RBI) Governor Raghuram Rajan has said that the inability to get quality talent may be hurting policy-making."In our country, there
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railway ministry meets banks heads
Jul 23, 2015, 01:35 PM ISTNew Delhi: The railway ministry and its PSU Indian Railway Finance Corporation hosted a meeting of banks and financial institutions over an investment plan of Rs.8.5 lakh crore in the coming five years to strengthen and
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Economy picking up; need more reforms for strong growth: Raghuram Rajan
Jul 02, 2015, 03:57 PM ISTChennai: Confident of economic recovery, RBI Governor Raghuram Rajan today said capital investments are picking up but a stronger growth would require more reforms and clearing bottlenecks for stalled projects.Rajan, known for critical analysis of
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Raghuram Rajan did not imply world economy slipping into new Great Depression, RBI clarifies
Jun 28, 2015, 08:32 PM ISTMumbai: With Raghuram Rajan's comments on 1930s-like problems resurfacing having created a flutter, the RBI on Sunday said the governor did not imply there being an imminent risk of the world economy slipping again into
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World economy may be slipping into 1930s depression problems: Raghuram Rajan
Jun 26, 2015, 05:40 PM ISTLondon: RBI Governor Raghuram Rajan has asked central banks from across the world to define "new rules of the game" as he warned that the global economy may be slipping into problems similar to the
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Looking to hedge Rs 1 lakh crore loan: Nitin Gadkari
Jun 14, 2015, 04:31 PM ISTMumbai: Centre is looking at hedging risks as it is planning to raise Rs 1 lakh crore in dollars for the port sector, Union minister for Shipping and Ports Nitin Gadkari has said."I am unable
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Raghuram Rajan meets Finance Minister Arun Jaitley
Jun 12, 2015, 09:55 AM ISTNew Delhi: Reserve Bank of India (RBI) Governor Raghuram Rajan on Thursday met Finance Minister Arun Jaitley and discussed macroeconomic issues.“These are all usual meetings which we have. Nothing special. Broad range of issues were
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RBI has not shut its door on rate cut: Raghuram Rajan
Jun 06, 2015, 08:36 AM ISTNew Delhi: RBI Governor Raghuram Rajan on Friday said the central bank has not shut its door on rate cut and will take a view depending upon the evolving situation with regard to monsoon and
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RBI sponsored 'survey' expects economy to grow by 7.8 % in FY16
Jun 04, 2015, 12:43 PM ISTMumbai: The economy is expected to grow at a rate of 7.8 per cent in the current fiscal, a shade lower than earlier forecast of 7.9 per cent, says a survey sponsored by the Reserve
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Top 10 Highlights of RBI Governor Raghuram Rajan's Monetary Policy Review
Jun 02, 2015, 11:24 PM ISTNew Delhi: Reserve Bank of India (RBI) on tuesday lowered its short-term lending rate by 25 basis points in a move that could potentially reduce the cost of borrowings on personal and corporate loans. In
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Delhi's PWD Secy transferred to Andaman & Nicobar Islands
India | Jun 02, 2015, 09:41 PM ISTNew Delhi: Senior IAS officer Arun Baroka, who was holding charge of PWD Secretary in the city, was today relieved from his duty by the AAP government.Baroka, who was also holding additional charge of Secretary
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SBI, 3 others cut rate; EMIs to come down
Jun 03, 2015, 08:10 AM ISTNew Delhi: In a big relief to home and auto loan borrowers, several banks led by market leader SBI today slashed lending rates by up to 0.3 per cent after RBI cut key policy rate.State
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RBI revises down growth to 7.6%,questions headline GDP numbers
Jun 02, 2015, 11:00 PM ISTMumbai: RBI today lowered its economic growth forecast for 2015-16 to 7.6 per cent, from 7.8 per cent earlier, with Governor Raghuram Rajan saying that the real growth can be much weaker than the high
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We are not here to kill the economy, says RBI's Rajan
Jun 02, 2015, 06:06 PM ISTMumbai: Doing some plain-speaking, Governor Raghuram Rajan today said RBI is not a 'cheerleader' and he may have "erred a bit" in lowering the policy rate to push investments as growth was not happening at
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First set of new banking licences by August, says Raghuram Rajan
Jun 02, 2015, 01:56 PM ISTMumbai: The first set of new banking licences will be issued by August, taking the number of such private financial institutions operating in the country to more than 12."I hope to announce at least one