RBI, Central Bank of Sri Lanka ink currency swap agreement

Last Updated: Friday, July 17, 2015, 17:32

The Reserve Bank on Friday signed a special currency swap agreement with the Central Bank of Sri Lanka that will allow the latter to draw up to USD 1.1 billion.

RBI sets up panel for action plan on financial inclusion

Last Updated: Wednesday, July 15, 2015, 20:21

The Reserve Bank has set up a committee to work out a five-year action plan to spread the reach of financial services to unbanked population.

India's banking norms 'rigorous' than Basel framework: Panel

Last Updated: Monday, June 15, 2015, 21:19

India's banking norms in certain aspects are more rigorous than what has been prescribed under the Basel III framework for capital adequacy, says a report.

RBI issues draft Basel III guidelines on liquidity standards

Last Updated: Thursday, May 28, 2015, 22:07

The Reserve Bank on Thursday released the draft guidelines on the net stable funding ratio (NSFR) under Basel III framework on liquidity standards for banks and sought comments from all stakeholders by June 26.

Govt allows cos to exit road projects; NHAI to fund stalled ones

Last Updated: Wednesday, May 13, 2015, 13:17

The government on Wednesday allowed developers to exit highway projects two years after they are completed, a move that will unlock investments worth Rs 4,500 crore and provide renewed thrust to the sector.

No proposal for separate regulatory framework for e-com: Govt

Last Updated: Tuesday, March 3, 2015, 16:21

"Presently, there is no proposal under consideration of the government for a separate regulatory frame work for e-commerce," Minister of State for Finance Jayant Sinha said in a written reply to the Rajya Sabha.

Monetary policy to now target inflation, to be 6% by Jan 2016

Last Updated: Monday, March 2, 2015, 11:56

"The Reserve Bank will aim to bring inflation below 6 per cent by January 2016. The target of financial year 2016-17 and all subsequent years shall be four per cent with a band of (+/-) 2 per cent," the agreement said.

RBI norms to protect interests of consumers soon

Last Updated: Friday, January 23, 2015, 15:03

The Reserve Bank will soon come out with comprehensive guidelines to protect consumers from being cheated by entities which are regulated by the central bank.

PM Modi promises reforms 'at top speed'

Last Updated: Friday, January 16, 2015, 23:12

Prime Minister Narendra Modi today promised reforms "at top speed" with positive regulatory framework, tax stability and boost to infrastructure to help take the economy to USD 20 trillion from USD 2 trillion.

Lok Sabha passes Companies Act amendment Bill

Last Updated: Wednesday, December 17, 2014, 16:12

The Lok Sabha on Wednesday passed the Companies amendment Bill, 2014, which provides for severe punishment for those raising illegal deposits from the public.

FM pushes for changes in Companies Act for ease of doing business

Last Updated: Wednesday, December 17, 2014, 15:58

Corporate Affairs Minister Arun Jaitley on Wednesday pushed for changes in the Companies amendment bill, 2014 to improve business climate in the country.