Mumbai: RBI Governor Raghuram Rajan defended status quo in the monetary policy today, saying that he does not want to “flip-flop” on it and is looking for “certainty” on various factors, mainly inflation, before lowering
New Delhi: Ahead of the Central bank's bi-monthly monetary policy review, Finance Minister Arun Jaitley will today urge RBI Governor Raghuram Rajan to cut interest rate.In order to boost the economy, particularly when the inflation
New Delhi: Hitting back at RBI Governor for his views on Financial Sector Legislative Reforms Commission (FSLRC) recommendations, its Chairman B N Srikrishna today said Raghuram Rajan was once in favour of an appellate tribunal
Anand (Gujarat): The Reserve Bank of India (RBI) Governor, Raghuram Rajan, has said that the Central bank is ready to give banks more flexibility in restructuring of stressed loans if it facilitates recovery of stalled
Anand (Gujarat): Stating that nobody knows the exact amount of black money stashed away in overseas tax havens, RBI Governor Raghuram Rajan today said lower income tax rates will help curb generation of such illicit
New Delhi: Using ATMs to withdraw money or for other purposes like balance enquiry beyond five times in a month will attract a levy of Rs 20 per transaction from tomorrow.As per the Reserve Bank's
New Delhi: In much-awaited reform, the government today deregulated diesel prices, a move that will result in a price cut of Rs 3.37 a litre with effect from midnight tonight.Finance Minister Arun Jaitely said the
Hyderabad: Reserve Bank of India Governor (RBI) Raghuram Rajan assured the Telangana government that he will soon sort out the issue relating to banks not pushing fresh farm loans to farmers.Chief Minister K Chandrasekhar Rao
New York: Stating Indian economic recovery is still uneven, Reserve Bank of India (RBI) Governor Raghuram Rajan has exuded optimism that the country will be ‘solidly' in the five per cent growth bracket during the
Mumbai: Former Finance Minister P Chidambaram today asserted it is the result of efforts of the earlier UPA government that the economy is now showing signs of recovery.“When the first quarter GDP results came out,
Mumbai: Falling for the fourth week in a row, India's foreign exchange reserves went down by USD 1.415 billion to USD 314.181 billion in the week to September 26 on account of a hefty drop
New Delhi: Here is the full text of the Fourth Bi-Monthly Monetary Policy Statement, 2014-15:By Dr Raghuram G Rajan, GovernorPart A: Monetary PolicyMonetary and Liquidity MeasuresOn the basis of an assessment of the current and
Mumbai: Reserve Bank Governor Raghuram Rajan is widely expected to hold the key rates citing high inflation at the fourth bi-monthly monetary policy announcement on Tuesday, even though the pro-growth lobby has been wishing for
Mumbai: Reserve Bank of India (RBI) Governor Raghuram Rajan has said that there was a need to ‘break the back' of inflation which remains high and controlling it would make the apex bank's position more
Mumbai: The country should take advantage of international oil prices, that have fallen rapidly below the $100 per barrel-mark, to deregulate diesel prices, Reserve Bank of India (RBI) Governor Raghuram Rajan said Monday.“Lower crude oil
Mumbai: As banks rush to open accounts under the Centre's Jan Dhan scheme, RBI Governor Raghuram Rajan today cautioned them on the risks involved in just hunting for numbers, asking them not to compromise on
Mumbai: Stating that it is not just food prices that are persistently high but even those of other items which remain elevated, Reserve Bank Governor Raghuram Rajan today said prices across the board have to
New York: The government and the Reserve Bank of India will this year negotiate to formulate a monetary framework for the central bank that lays more emphasis on inflation, the bank's Governor Raghuram Rajan has
New Delhi: The Reserve Bank has recognised Micro Finance Institutions Network (MFIN), the industry association for the micro-finance industry, as a self regulatory organisation for NBFC-MFIs."MFIN,...Has been formally recognised by the Reserve Bank of India
Mumbai: Reserve Bank of India Governor Raghuram Rajan today said shifting the regulation of bond trading from the central bank would have an adverse impact on the government bond market.“My personal view is that moving
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