Reserve Bank of India
RBI gives banks 6 months to lower exposure to gold NBFCs
The Reserve Bank of India (RBI) has asked banks to reduce exposure to non-banking financial companies (NBFCs), which give loan against gold, to 7.5% from the existing 10% of their capital...
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National coin exhibition a hit with Hyderabad participants
...old coins, since childhood I used to take out coins from the Ganga in Varanasi. I have exhibited coins in Reserve Bank of India (RBI) and they have awarded me. I have a collection of...
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Mukherjee blames rupee depreciation on Eurozone crisis
...of the economic situation. "We are watching the situation. It's a matter of concern, but both the Reserve Bank of India (RBI) and the Ministry of Finance are watching this...
Why RBI will not cut rates anytime soon
...leaves little room for banks to cut lending rates. Lenders' dilemma in lowering interest rates after the Reserve Bank of India's 50 basis points cut in repo rate, the rate at which it...
As rupee slides, Pranab watchful
...of the economic situation. "We are watching the situation. It's a matter of concern, but both the Reserve Bank of India (RBI) and the Ministry of Finance are watching this...
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Retail inflation rises, Re may worsen scenario
"In terms of policy response, while core WPI inflation has moderated and growth continues to weaken, the Reserve Bank of India ( RBI) cannot ignore rising food inflation since it...
RBI to defend rupee from falling further
...May 18 : The rupee recovered after falling to its third straight daily record low against dollar Friday and the Reserve Bank of India (RBI) promised more intervention to curb any future...
Rupee dips to new intra-day low of 54.91 to a dollar
...May 18: The Indian rupee slumped to a new intra-day low of 54.91 against a dollar Friday even as the Reserve Bank of India assured further intervention in the foreign exchange...
RBI to continue defending the rupee: Gokarn
RBI to continue defending the rupee: Subir Gokarn KOLKATA: The Reserve Bank of India will continue to use a mix of intervention and administrative steps to protect the rupee, a deputy...
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RBI scurries to support rupee
After the Indian rupee took quite a battering on Wednesday, Bloomberg reports on Thursday that the Reserve Bank of India, the country's central bank, is considering selling dollars directly...
Rupee hits record low, RBI likely sold dollars
...at a record low of 54.5650, breaching its previous all-time low of 54.52 hit just on Wednesday. The Reserve Bank of India (RBI) likely sold dollars via state-run banks starting...
Reserve Bank of India 'intervenes' as rupee slides
...rupee breached the key 54 level against the dollar, nearly hitting its lifetime low, dealers said. India's Reserve Bank of India (RBI) is suspected to have started selling dollars...
