RBI to buy up to Rs 100 billion government bonds via open market on 7 December
Fp Archives • 9 years agoReserve Bank of India said on Wednesday it will buy up to 100 billion rupees ($1.50 billion) of government bonds on Dec. 7 through open market operations to inject cash into the banking system, its first purchases from markets since Oct. 28.
RBI keeps rates on hold, more easing seen as challenging
Fp Archives • 9 years agoThe Reserve Bank of India (RBI) kept its key lending rate unchanged on Tuesday, leaving the door open for more easing but making that dependent on meeting a challenging inflation target for 2017.
Financial protection must come first, bank credit last to avoid crisis: Rajan
Fp Archives • 9 years agoRBI Governor Raghuram Rajan said bank credit should come last in the sequencing of financial inclusion.
Watch: Not afraid of anyone, a 'nervous' Chhota Rajan tells reporters in Indonesia
Fp Staff • 9 years agoChhota Rajan, aka Rajendra Nikalje, who was arrested by the Indonesian Police in Bali on Monday told reporters that he was not afraid of anyone.
If Modi wants to get savers off gold, he should try inflation-indexed FDs
Jagannathan • 10 years agoYou cannot wean people away from gold unless you offer at least one of its benefits - as an inflation hedge - in a new instrument. People don't like complicated inflation-indexed bonds. They may be willing to try fixed deposits
Why mobile banking is more on paper and less on mobile
Bindisha • 11 years agoThere is no doubt that mobile subscriber base as well as consumer opting for mobile banking is increasing in India. But, challenges like education and awareness, complexity of operations, handset and security issues along with pricing issues amongst various players first need to be sorted out
WPI at 0% in November: Don't rejoice; it's not good for the economy
Vivek • 10 years agoFor an economy that has been batting a very high rate of inflation, WPI inflation of zero percent, should come as a welcome relief. Only if things were as simple as that.
RBI comfortable with CAD position currently, says Rajan
Fb_admin • 10 years agoThe Reserve Bank of India (RBI) is comfortable with the current account deficit even after it widened in the July-September quarter, Governor Raghuram Rajan said on Thursday.<br />
Wilful defaulter tag 'powerful weapon' for banks to resolve bad loans: Rajan
Fp Archives • 11 years agoReserve Bank Governor Raghuram Rajan has said the wilful defaulter tag is a powerful weapon in the hands of banks for resolving bad loans.
Jigna Vora added fuel to fire: police on J Dey murder case
Fp Archives • 13 years agoThe police today told a court here that journalist Vora, an accused in J Dey murder case, had fuelled the dispute between gangster Chota Rajan and the slain journalist, which likely led to the killing.