Hope to announce 1 set of bank licenses by month-end: Raghuram Rajan

Last Updated: Tuesday, August 4, 2015, 11:28

Rajan said that RBI is talking to the government for medium term framework for FPI limits in debt securities.

RBI expected to stand pat, words weighed for future cuts

Last Updated: Tuesday, August 4, 2015, 04:21

India`s central bank policy review is expected to yield little in the way of action on Tuesday, but its statement will be pored over for clues as to whether there is a chance of another interest rate cut this year.

Interest on loans not to come down as RBI keeps key rates unchanged

Last Updated: Tuesday, August 4, 2015, 00:53

The Reserve Bank of India (RBI) kept its interest rates unchanged at its third bi-monthly monetary policy review on Tuesday.

RBI Governor Rajan meets FM Jaitley

Last Updated: Thursday, June 11, 2015, 13:42

Reserve Bank Governor Raghuram Rajan on Thursday met Finance Minister Arun Jaitley and discussed macroeconomic issues.

Expect 0.75% more cut by RBI over FY16: UBS

Last Updated: Thursday, June 4, 2015, 20:29

The Reserve Bank is likely to further cut the key lending rate by 75 basis points in the current fiscal despite its hawkish stance, although it may hold the pause button in the next monetary policy review, a UBS report said Thursday.

RBI's 0.25% rate cut not enough to propel growth: India Inc

Last Updated: Tuesday, June 2, 2015, 16:24

Welcoming the 0.25 percent rate cut by RBI, India Inc on Tuesday said it is still not enough to spur demand and propel industrial growth.

RBI lowers GDP growth forecast to 7.6% for FY16

Last Updated: Tuesday, June 2, 2015, 16:01

The Reserve Bank on Tuesday lowered the economic growth forecast for the current fiscal to 7.6 percent from 7.8 percent projected in April, citing various risks, including poor monsoon and rising crude oil prices.

RBI not a cheerleader for markets: Raghuram Rajan

Last Updated: Tuesday, June 2, 2015, 15:50

Doing some plain-speaking, Governor Raghuram Rajan on Tuesday said RBI is not a 'cheerleader' and he may have "erred a bit" in lowering the policy rate to push investments as growth was not happening at the ground level.

RBI for contingency plan to deal with impact of poor monsoon

Last Updated: Tuesday, June 2, 2015, 15:41

Government should put in place a "contingency plan" to deal with the possibility of a below normal monsoon and its impact on foodgrain production and prices, the Reserve Bank said on Tuesday.

RBI estimates current account deficit at 1.5% in FY16

Last Updated: Tuesday, June 2, 2015, 15:34

Current account deficit is estimated to be around 1.5 percent of the GDP in the current fiscal, helped by sharp fall in oil prices even as gold imports rose in the past few months, the Reserve Bank said on Tuesday.

Sensex tanks 640 points as IMD cuts monsoon forecast

Last Updated: Tuesday, June 2, 2015, 15:26

The wide-based National Stock Exchange index Nifty dipped below the crucial 8,300-level by tumbling 177.70 points or 2.11 percent to trade at 8,255.70.

Allahabad Bank cuts lending rate by 0.3%

Last Updated: Tuesday, June 2, 2015, 14:15

First off the blocks, state-owned Allahabad Bank on Tuesday cut its base rate or minimum lending rate by 0.3 percent within hours of RBI lowering key policy rate for the third time this year.