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Reserve Bank of India (RBI) Fixes reference rate for US dollar and Euro

http://www.expressindia.com –

The Reserve Bank of India (RBI)on Wednesday fixed the reference rate for the US currency at Rs 47.13 per dollar and the single European unit at Rs 69.41 per euro.

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Created by ketan100 2 weeks 2 days ago
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Reserve Bank of India (RBI) Purchases 200 Tonnes Gold from IMF

http://www.business-standard.com –

The Reserve Bank of India (RBI) today said that it had concluded the purchase of 200 tonnes of gold from the International Monetary Fund (IMF), under the IMF’s limited gold sales programme.

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Created by ketan100 2 weeks 4 days ago
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Bank shares rally as RBI may keep rates on hold

http://www.indiainfoline.com –

Shares of fourteen banks gained 0.05% to 6.23% at 12:21 IST on BSE on speculation the central bank will keep key policy rates unchanged at its quarterly monetary policy review next week.

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Created by ketan100 4 weeks 4 days ago
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RBI planning to introduce Rs 10 plastic currency notes in India

http://www.indianexpress.com –

Soiled notes may soon be a thing of past with the Reserve Bank planning to introduce Rs 10 polymer banknotes whose life span would be 4 times the normal currency notes and would be difficult to imitate.

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Created by lavanyak 6 weeks 2 days ago
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Bankers hails additional authentication for card purchases

http://economictimes.indiatimes.com –

Reserve Bank's move to make additional authentication mandatory for credit/debit card online purchases from tomorrow, is expected to effectively check card-related frauds, bankers said on Friday.

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Created by ketan100 16 weeks 1 day ago
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Reserve Bank of India (RBI) to announce quarterly credit policy

http://www.thelatestnews.in –

The Reserve Bank of India (RBI) is going to announce its quarterly credit policy review on Tuesday.

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Created by ketan100 16 weeks 4 days ago
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Deputy Governor Rakesh Mohan Quits RBI, Joins Stanford University

http://www.rttnews.com –

Rakesh Mohan , the Deputy Governor of Reserve Bank of India would be moving to Stanford University in U.S., reported the media. His term as deputy governor was to end in January 2010. He will be leaving RBI on June 10 to join as Distinguished Consulting Professor at the Stanford Centre of International Development. His name was also reckoned last year for the job of RBI Governor.

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Created by kiranyande 28 weeks 4 days ago
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RBI policy rates at ’03 level but banks keep lending rates high

http://www.indianexpress.com –

Five years ago, in November 2003, ICICI Bank was offering home loans at 7.5 per cent interest rate. That was the time when key policy rates of the Reserve Bank of India (RBI) were at low levels and there was comfortable liquidity in the system.

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Created by kiranyande 34 weeks 5 days ago
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