Rajan says time not ripe for lifting curbs on gold imports

Last Updated: Wednesday, December 18, 2013, 19:10

The Reserve Bank on Wednesday said it is not the right time to take back measures it adopted to control rising current account deficit, but favoured removing curbs on gold imports.

Disappointed by IIP nos, India Inc seeks rate cut from RBI

Last Updated: Thursday, December 12, 2013, 20:52

Expressing disappointment over the contraction in industrial growth in October, India Inc Thursday appealed to the Reserve Bank to cut interest rates to revive the manufacturing sector and ameliorate investments.

Inflation running higher than comfort: Raghuram Rajan

Last Updated: Thursday, December 12, 2013, 19:25

Reserve Bank of India (RBI) Governor Raghuram Rajan on Thursday said the economy was weaker than the central bank would like, but added inflation was also higher than what it was comfortable with.

Gopalakrishnan pitches for passage of key economic bills

Last Updated: Thursday, December 12, 2013, 16:26

GDP growth in the second quarter of the fiscal improved to 4.8 percent from 4.4 percent in the preceding three months.

Economic growth in 2013-14 to be around 5%: RBI

Last Updated: Wednesday, December 11, 2013, 14:53

The Reserve Bank Wednesday said India's economy would grow about 5 percent in this financial year while the current account deficit would be below 3 percent of GDP.

High inflation in November set to keep pressure on RBI

Last Updated: Wednesday, December 11, 2013, 10:37

Raghuram Rajan said last month high inflation warranted an appropriate policy response after raising the key repo rate in as many months in October to 7.75 percent.

As bad loans mount, India gets tough on "wilful" default

Last Updated: Friday, November 29, 2013, 09:34

The Reserve Bank of India (RBI) defines a wilful defaulter as a borrower that is able but unwilling to pay.

Money supply rose an annual 13.8% in two weeks to November15

Last Updated: Wednesday, November 27, 2013, 16:10

India`s M3 money supply rose an annualised 13.8 percent in the two weeks to November 15, slower than 13.4 percent a year earlier, the Reserve Bank of India said on Wednesday.

Home, auto loans to get costlier as RBI hikes policy rate

Last Updated: Tuesday, October 29, 2013, 14:43

The Reserve Bank of India (RBI) Tuesday hiked a key policy interest rate by 0.25 percent in less than two months to curb inflation, but eased some rupee support measures. The move would make home, auto and other loans costlier.

Banks' loans, deposits grow slower so far Vs RBI's FY14 estimate

Last Updated: Wednesday, October 16, 2013, 19:04

Banks' loan and deposit growth has been slower so far in the current fiscal year than the Reserve Bank of India's full-year projection, according to data released by the central bank.

Worst is behind us: Adi Godrej

Last Updated: Thursday, October 10, 2013, 18:42

Godrej said growth in the economy will increase in the second half of the current financial year and may remain between 5-6 percent.

RBI considering making bank licencing process more frequent

Last Updated: Monday, October 7, 2013, 15:34

In order to expand the reach of banking, Reserve Bank today said it is considering making bank licensing process more frequent and allow free entry of banks as and when necessary.