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Finance Ministry says no decision yet on curtailing RBI Governor's power on rates

Aug 03, 2015

Finance Ministry says no decision yet on curtailing RBI Governor's power on rates

As the move to strip RBI Governor of veto power on deciding interest rates faced backlash, the government on Monday said no decision on curtailing powers of the central bank has yet been taken. #Business #Economy #RBI #Reserve Bank of India #finance ministry #NewsTracker #Raghuram Rajan
FDI in manufacturing of tobacco products prohibited: Reserve Bank of India

Jul 03, 2015

FDI in manufacturing of tobacco products prohibited: Reserve Bank of India

Reserve Bank on Friday said the Foreign Direct Investment (FDI) in manufacturing of tobacoo products is prohibited #Reserve Bank of India #NewsTracker #FDI #Tobacco #Department of Industrial Policy & Promotion #Cigars
Money makeover: Reserve Bank of India introduces changes to the Rs 100 note

Jul 01, 2015

Money makeover: Reserve Bank of India introduces changes to the Rs 100 note

The Reserve Bank of India has introduced the new Rs 100 note on Tuesday with the numerals in both panels in ascending size from left to right. #India #RBI #Reserve Bank of India #Money #ImagesOfTheDay #Rs 100
Reserve Bank allows banks to take control of companies that fail debt restructuring

Jun 09, 2015

Reserve Bank allows banks to take control of companies that fail debt restructuring

The measure was part of a set of guidelines announced by the RBI on Monday on the SDR scheme, which provides a more flexible process for lenders to recover bad loans. #RBI #Reserve Bank of India #SEBI #PolicyWatch #NPAs #Strategic Debt Restructuring
Expert view: RBI may now wait till December for another rate cut

Jun 02, 2015

Expert view: RBI may now wait till December for another rate cut

The Reserve Bank of India cut its policy interest rate by a quarter percentage point on Tuesday, easing policy for a third time this year, in a move that was widely expected as policymakers try to put the improving economy on a firmer footing. #RBI #Reserve Bank of India #RBI policy #rate cutr
Full text: RBI makes third rate cut this year; repo rate lowered to 7.25 percent

Jun 02, 2015

Full text: RBI makes third rate cut this year; repo rate lowered to 7.25 percent

The Reserve Bank of India (RBI) cut its policy interest rate by a quarter percentage point on Tuesday, easing policy for a third time this year, in a move that was widely expected as policymakers try to put the improving economy on a firmer footing. #RBI policy #Reserve Bank of Indi a
Moody's sees March quarter GDP slowing to 7.2 percent on weak global demand

May 28, 2015

Moody's sees March quarter GDP slowing to 7.2 percent on weak global demand

Lower production and weak global demand to temper growth output #Economy #GDP #Commodity #Moody's #Reserve Bank
Expectations from Modi government were 'probably unrealistic': Raghuram Rajan

May 20, 2015

Expectations from Modi government were 'probably unrealistic': Raghuram Rajan

The expectations from the new government when it came to power last year were "probably unrealistic" but it has taken steps to create an environment for investment and is "sensitive" to concerns of investors, RBI Governor Raghuram Rajan has said. #RBI #Reserve Bank of India #Narendra Modi #NewsTracker #Raghuram Rajan #Expectations