The Government of India today re-appointed Dr. K C Chakrabarty as the Deputy Governor of the Reserve Bank of India for a further period of three months beyond...
The RBI has doubled the limit for home loans from Rs 5,00,000 to Rs 10,00,000 for consideration under Priority Sector Lending. This move was taken by RBI in...
1. Which among the following organization has been conducting surveys of the strength of financial markets of various countries and ranks them accordingly in its flagship annual “Financial...
Background: The Reserve Bank began exiting from the crisis driven expansionary policy in October 2009. Between January 2010 and October 2011, the Reserve Bank cumulatively raised the cash...
India’s Per Capita Income: Rs 53,331 per annum The latest Quick Estimates of National Income released by the Central Statistical Office (CSO) show that India’s per capita income...
The Reserve Bank of India’s third quarter recapitulation of monetary policy was devoid of major surprises. The only change in monetary policy instruments was a cut in the...
Al-Qaeda takes over Yemen city In Yemen, Al-Qaeda militants have taken over the city of Rada in the Southeastern Al Bayda province. They have named Tareq al-Dahab, a...
Recently, the Reserve Bank of India has completely deregulated the interest rates. The Interest on Savings Banks Account was the last administered pricing imposed by the banking regulator...
The Reserve Bank of India (RBI) recently allowed Indians who have non-resident accounts in India to hold them in any currency which is fully convertible. This decision by...
Indian Hispanist gets Peruvian honour Noted scholar and Hispanist S.P. Ganguly awarded one of Peru’s highest civilian honours – Order of Merit for Distinguished Services – for strengthening...
