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  • buying a house in a foreign country is easier now thanks to

    Buying a house in a foreign country is easier now thanks to RBI

    February 04, 2015 20:07 IST

    New Delhi: Buying that dream home abroad has just got easier as the Reserve Bank of India (RBI) on Tuesday doubled the annual overseas investment ceiling for individuals to $2,50,000 from $1,25,000 as India's foreign

  • inflation still a concern says rbi governor raghuram rajan

    Inflation still a concern, says RBI governor Raghuram Rajan

    February 04, 2015 20:03 IST

    Mumbai: A day after keeping interest rates unchanged, RBI governor Raghuram Rajan on Wednesday said inflation is still a concern for the central bank and the monetary policy continues being "conventional"."We still have concerns over

  • rbi keeps rate unchanged hopes banks will cut lending rates

    RBI keeps rate unchanged; hopes banks will cut lending rates

    February 03, 2015 18:00 IST

    Mumbai: Awaiting cues from the Budget, RBI Governor Raghuram Rajan today left interest rate unchanged saying there was no case for a reduction now and hoped banks will pass on the benefit to consumers from

  • the rajan behind the unscheduled rate cut

    The Rajan behind the unscheduled rate cut

    January 18, 2015 8:00 IST

    New Delhi: Weeks ahead of schedule, Reserve Bank of India (RBI) Governor Raghuram Rajan cut interest rates for the first time in almost two years on the day data showed the December trade deficit had

  • rajan wins uk magazine s central bank governor of the year

    Rajan wins UK magazine's central bank Governor of the Year award

    January 13, 2015 18:43 IST

    Mumbai: Reserve Bank of India Governor Raghuram Rajan has been named "Governor of the Year" by British magazine Central Banking.The magazine gave the award to Rajan for 2015 for "his deep understanding of the root

  • raghuram rajan dubbed central banker of the year

    Raghuram Rajan dubbed central banker of the year

    January 13, 2015 16:19 IST

    New Delhi: RBI chief Raghuram Rajan has been named as the "governor of the year" in the Central Banking Awards for 2015 by a British magazine for "his deep understanding of the root causes of

  • rajan hails modi govt announcement on freedom for banks

    Rajan hails Modi govt announcement on freedom for banks

    January 11, 2015 16:37 IST

    New Delhi: Reserve Bank Governor Raghuram Rajan has hailed the government direction to state-run banks to act without fear or favour and ignore extraneous considerations in their commercial operations.It was a landmark decision, Rajan said,

  • government will take steps on black money after june swamy

    Government will take steps on black money after June: Swamy

    Politics | January 10, 2015 17:13 IST

    Kolkata: The Centre would initiate fresh steps to bring back black money stashed in foreign banks after June 1, BJP leader Subramanian Swamy today said. "We will do it. There is a saying in Hindi

  • govt not to interfere in working of state owned banks pm

    Govt not to interfere in working of state-owned banks: PM

    January 03, 2015 22:21 IST

    Pune: Prime Minister Narendra Modi today pledged not to interfere in the functioning of public sector banks, but wanted the lenders to be accountable failing which interventions in public interest could be made.At the concluding

  • need to clean up bad debts in banks within a year rajan

    Need to clean up bad debts in banks within a year: Rajan

    January 03, 2015 21:16 IST

    Pune: Reserve Bank Governor Raghuram Rajan today made a strong case for cleaning up bad debts of banks and restructures other possible NPAs within a year to put the economy back on track.He also favoured

  • gyan sangam pm modi rajan jaitley to focus on m as of psu

    Gyan Sangam: PM Modi, Rajan, Jaitley to focus on M&As of PSU banks

    January 02, 2015 11:29 IST

    Pune: Top bankers, insurers, financial sector regulators and finance ministry officials will meet here from Friday for a two-day "retreat" to discuss issues such as consolidation and restructuring of the public sector banks (PSBs) to

  • there was not a word against rbi governor arun jaitley

    There was not a word against RBI Governor: Arun Jaitley

    December 30, 2014 17:10 IST

    New Delhi: Finance Minister Arun Jaitley today sought to dispel the impression that he had taken on RBI Governor Raghuram Rajan on interest rate saying he had only suggested steps to boost India's manufacturing capabilities.

  • make in india jaitley hits back at rajan

    'Make in India': Jaitley hits back at Rajan

    December 30, 2014 15:11 IST

    New Delhi: It looks like that the RBI Governor Raghuram Rajan's working style has been putting the NDA government under a lot of pressure - resulting in an open tussle between Finance Minister, Arun Jaitley

  • debt waivers have not benefited farmers rbi governor

    Debt waivers have not benefited farmers: RBI Governor

    December 28, 2014 8:14 IST

    Udaipur (Rajasthan): Debt waiver schemes of central and state governments have not benefited farmers as they restricted credit flow subsequently, Reserve Bank of India (RBI) Governor Raghuram Rajan said on Saturday."Studies have shown that debt

  • rbi to focus on medium term inflation raghuram rajan

    RBI to focus on medium-term inflation: Raghuram Rajan

    December 28, 2014 0:00 IST

    Udaipur (Rajasthan): The Reserve Bank of India (RBI) would focus on medium-term inflation to let the economy adjust to the changes, its Governor Raghuram Rajan said Saturday.He also observed that debt waiver schemes of central

  • rbi can t flip flop on interest rate raghuram rajan

    RBI can't flip-flop on interest rate: Raghuram Rajan

    December 27, 2014 8:51 IST

    Mumbai: Facing persistent calls for interest rate cuts from the government and industry, Governor Raghuram Rajan on Friday said the Reserve Bank of India (RBI) could not “flip-flop” on rates with every rise or fall

  • panel to interview 35 candidates for executive directors

    Panel to interview 35 candidates for Executive Directors post in PSBs tomorrow

    December 24, 2014 23:21 IST

    New Delhi: A government-appointed selection panel would start interviews of 35 candidates tomorrow to fill vacancies of 14 Executive Directors in various public sector banks.The interviews would start tomorrow, sources said, adding that each candidate

  • lone ranger rajan fights for rbi autonomy amid rate cut

    Lone ranger Rajan fights for RBI autonomy amid rate cut rants

    December 21, 2014 14:14 IST

    Mumbai: 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 RBI and even rumours

  • regulators job is not to boost sensex raghuram rajan

    Regulators' job is not to boost Sensex: Raghuram Rajan

    December 14, 2014 7:41 IST

    New Delhi: Unfazed by criticism that Central bank is keeping interest rates high, Reserve Bank of India (RBI) Governor Raghuram Rajan said the role of regulators is not to boost the Sensex."Financial stability sometimes means

  • raghuram rajan for incentivising domestic savings

    Raghuram Rajan for incentivising domestic savings

    December 12, 2014 14:11 IST

    New Delhi: Ahead of the forthcoming Budget, RBI Governor Raghuram Rajan on Friday pitched for incentivisation of domestic savings to boost investments in the country."The income tax benefits for an individual to save have been

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