The RBI in its Macroeconomic and Monetary Developments Second Quarter Review 2013-14 said that markets in India face domestic uncertainties arsing from prolonged slowdown, falling corporate earnings and...
As per the Second Quarter Review of Monetary Policy 2013-14 released by the Reserve Bank of India (RBI), the Repo rate has been increased by 25 basis points...
As per the Reserve Bank of India (RBI), India’s Forex reserves increased for a third consecutive week adding rasing it by $1.9 billion to touch $281.12 billion on...
The Reserve Bank of India has reduced one of the key short-term borrowing rate, the Marginal Standing Facility (MSF), by 50 basis points to 9.0%. The step has...
As per the Reserve Bank of India (RBI), India’s Current Account Deficit (CAD) for the first quarter ended June 2013 has widened to 4.9% of Gross Domestic Product...
Reserve Bank of India Governor Raghuram Rajan was awarded with the Deutsche Bank Prize for Financial Economics 2013. The award has been given in recognition to his academic...
The Reserve Bank of India eased trade credit norms to raise funds from abroad. As per RBI’s notification, all types of firms can avail trade credit facility now...
In a major blow to the banks and merchant establishments, the Reserve Bank of India has instructed banks to stop offering zero interest EMI (Equated Monthly Installment) schemes...
Giving assurance to the markets, the Reserve Bank of India said that it will take actions, including Open Market Operations (OMOs), to ensure adequate liquidity in the system. The central bank’s assurance follows...
The government cleared the confusion that was going between the Customs Department and gold importers regarding the RBI’s 80:20 scheme which was introduced in July 2013. What is...