Sounding a note of caution against Prime Minister Narendra Modi’s ‘Make in India’ campaign, RBI Governor Raghuram Rajan.
India’s retail inflation probably hit a record low in November thanks to falling prices for oil and food items…
Banks will be able to increase their equity holdings above the current cap of 10% in companies undergoing debt restructuring through conversion of loan into equity.
There was widespread expectation from the corporate sector and markets for a reduction in rates in the wake of the decline in inflation and the sharp fall in money market rates.
Status quo n Central bank says rate cut only after sustained low inflation, orderly fisc.
RBI Governor Raghuram Rajan today kept interest rate unchanged…
Rajan has undertaken four monetary policy reviews so far and the fifth would take place on December 2, with all these five being on Tuesdays.
The government will soon implement a large number of legislative and administrative recommendations of the Financial Sector Reforms Commission…
Hitting back at RBI Governor Raghuram Rajan for his ‘schizophrenic’ remark, its Chairman B N Srikrishna…
The first rate cut by the RBI is likely to be in or at the latest by April 2015: Morgan Stanley
Not a cover for forbearance, misuse will be dealt with severely.
FM Arun Jaitley would argue for RBI Governor Raghuram Rajan to lower interest rates.
The comments come in sharp contrast to management guru late CK Prahalad’s views in his book ‘The Fortune at the Bottom of the Pyramid’.
The Reserve Bank of India will invite applications for small and payment banks by the end of the current month.
The small and payment banks will cater to small businesses and low income households.