RBI spares borrowers, keeps interest rates unchanged

Surprising bankers and markets, the Reserve Bank of India (RBI) on Wednesday spared borrowers with a status quo on interest rates, but promised to act if t.....
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Mid-Quarter Monetary Policy Review: December 2013

Monetary and Liquidity Measures

On the basis of an assessment of the current and evolving macroeconomic situation, it has been decided to:Read More

Second Quarter Review of Monetary Policy 2013-14 : Statement by Dr. Raghuram G. Rajan, Governor, Reserve Bank of India

RBI has announced the following policy measures:

    we have reduced the marginal standing facility (MSF) rate by 25 basis po.....
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A positive real return to savers still calls for further rate hike: Sonal Varma

The Reserve Bank of India (RBI) has hiked repo rate by 25 bps to 7.75% and reduced MSF rate by 25 bps to 8.75%. The central bank has retained CRR at 4%. It.....
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New Delhi tops chart to start a business in India: World Bank study

It is easiest to start a business in New Delhi within India, while Hyderabad is the fastest for closing an enterprise, says a World Bank study.

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RBI hikes rate to tame inflation; loans to get costlier - RBI hiked repo rate by 25 basis points or 0.25 percent to 7.75 percent

The Reserve Bank of India (RBI) Tuesday hiked a key policy interest rate by 0.25 percent in less than two months to contain inflation, but eased some rupee.....
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Diwali is here: Sensex closes at all-time high of 21033

Indian markets continued their romance with RBI governor Raghuram Rajan with both the Sensex and Nifty closing at record highs as the general bullish senti.....
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Early Diwali: State-run banks to get funds from government to provide cheaper loans

The Indian consumer is getting a Diwali bonus from the government - money that it hopes will ripple through the economy, having a benevolent effect right t.....
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P Chidambaram, Raghuram Rajan order banks to cut interest rates on loans

FM P Chidambaram and RBI Governor Raghuram Rajan have laid the foundation for a grand Diwali dhamaka that is likely to lead to banks cutting interest rates o.....
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FM to meet bankers soon on need to lower rates

Finance Minister P Chidambaram will soon meet heads of public sector banks to impress upon them the need to lower interest rates in select sectors, including.....
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RBI bans zero per cent interest rate scheme for buying goods

The Reserve Bank of India (RBI) today banned zero per cent interest rate scheme for purchase of consumer goods, a move intended to protect customers but may .....
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Rajan Seen Switching Main India Inflation Gauge at RBI: Economy

Reserve Bank of India Governor Raghuram Rajan is set to use consumer-price inflation as the main guide for monetary policy for the first time, a shift that.....
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Fiscal Deficit

Economic expansion will slow to 4 percent this fiscal year from a decade-low 5 percent in the 12 months ended March, according to HSBC Holdings Plc.

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Treaty won't shield FIIs from General Anti-Avoidance Regulations

Foreign institutional investors (FIIs) that benefit from tax treaties, including the contentious India-Mauritius tax treaty, will fall under the ambit of Gen.....
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Rupee's intrinsic value is between 58-60/$: Arvind Mayaram Mayarayam expected foreign direct investment flows of about USD 36 billion if current trends continues.

The intrinsic value of the rupee is between 58 and 60 against the dollar, a senior finance ministry official said on Monday, adding that overseas speculators.....
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RBI steps in to tame runaway bond yields, attract dollars

The Reserve Bank of India (RBI) has indicated that it would use open market operations (OMOs) to ensure adequate liquidity in the system and soothe rising bo.....
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Mid-Quarter Monetary Policy Review: September 2013

Monetary and Liquidity Measures

On the basis of an assessment of the current and evolving macroeconomic situation, it has been de.....
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