Tag Archives: RBI

[vc_row][vc_column][vc_column_text]Mumbai: RBI governor Raghuram Rajan has termed his tenure as “fantastic”. He said snap judgements by critics do not matter as he has made useful contributions and the results will visible in the next 5-6 years. Rajan said he has enjoyed every bit of his job partly because there was some …

[vc_row][vc_column][vc_column_text]Mrs.Summan R Agrawal [General Secretary, Maharashtra Pradesh Congress] The term of Dr. Raghuram Rajan is coming to an end on 4th September, 2016. He was considered to be an able Governor but recently he has announced that he wont be seeking a second term as the Chief of RBI. Whether it …

[vc_row][vc_column width=”1/1″][vc_column_text]Mumbai: The Reserve Bank of India today released the Financial Stability Report (FSR) June 2015, the eleventh issue of its half yearly publication. The FSR reflects the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC) on risks to financial stability, as also the resilience …

[vc_row][vc_column width=”1/1″][vc_column_text]Mumbai: Reserve bank of India on Tuesday cut interest rates for the third time this year. The Reserve Bank of India ( RBI) lowered the benchmark repo rate — the level at which it lends to commercial banks — by 25 basis points to 7.25 percent with immediate effect. …

[vc_row][vc_column width=”1/1″][vc_column_text]The Prime Minister, Shri Narendra Modi, today urged the Reserve Bank of India to take the lead in encouraging financial institutions to set concrete targets for financial inclusion over the next 20 years, to help transform the quality of life of the poor. “I come as a representative of …

Mumbai: The Reserve Bank of India (RBI) has announced sixth bi-monthly monetary policy review of 2014-15. The repo rate was unchanged at 7.75% and the reverse repo rate at 6.75%. But, RBI has cut SLR by 50 basis points to 21.5%, effective February 7. RBI Governor Raghuram Rajan had in …

Mumbai: Reserve Bank of India (RBI) has decided to cut the benchmark interest rate by 0.25 per cent to 7.75 per cent, fortnight ahead of the monetary policy announcement on February 3. Impact on Markets: Responding the move, stock markets zoomed, with the Sensex surging over 800 points to hit …

NEW DELHI: Reserve Bank of India (RBI) announced Bi-Monthly Monetary Policy by keeping all key rates – repo rate, CRR, SLR, reverse repo rate – unchanged. This is the fourth consecutive time that the RBI has kept key interest rates unchanged. While admitting that the 8% CPI target for January …