The Reserve Bank of India (RBI) Deputy Governor, Mr KC Chakrabarty on Friday said banks lending rates to certain segments like short-term corporate loans could go up due to the existing mis-pricing, but felt that the overall rates will be stable .
Read more »RBI to raise Lending rates to certain segments
http://www.thehindubusinessline.com –
RBI rises CRR by 75 bps, key policy rates remain the same
http://timesofindia.indiatimes.com –
The Reserve Bank of India on Friday increased mandatory cash reserve of banks held by it by 75 basis points in a bid to suck excess liquidity to combat rising inflation.However, short-term lending and borrowing rates between RBI and banks were kept unchanged,
Read more »RBI is monitoring inflation status in India
http://www.newstrackindia.com –
Bangalore, Dec 29 (ANI): The Reserve Bank of India (RBI) Deputy Governor Shyamala Gopinath said here on Tuesday that it is closely monitoring the spiralling inflation, but would keep in mind the need to encourage growth before making changes to monetary policy.
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Created by raghui
2 years 5 weeks ago
Category: Business Tags:
Category: Business Tags:
RBI Could Drain Cash as Inflation rate Accelerates
http://online.wsj.com –
India's wholesale inflation rate accelerated in November as food prices continued to climb, raising the odds of cash-draining measures before the central bank's next policy review meeting in January.
Read more »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 years 12 weeks ago
Category: Business Tags:
Category: Business Tags:
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 years 13 weeks ago
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Category: Business Tags:
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.
Read more »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.
Read more »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
2 years 26 weeks ago
Category: Business Tags:
Category: Business Tags:
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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