Mumbai: RBI Supersedes New India Cooperative Bank Board For 12 Months, Deposit Restrictions Imposed; VIDEO
New India Co-Operative Bank collapsed in Mumbai today. RBI barred the bank from offering new loans, and deposits. Depositors ...
Heavy RBI intervention helps rupee log best week in 19 months
The Indian rupee logged its biggest weekly rise against the dollar in seven months, lifted by the central bank's heavy ...
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RBI's New Rs 50 Note Rollout
The Reserve Bank of India (RBI) is set to issue new Rs 50 banknotes bearing the signature of newly appointed Governor Sanjay ...
India's Inflation Cools Again, Backing Case for Rate Cuts
Inflation coming sustainably closer to the 4% deemed optimal by the Reserve Bank of India would justify its decision to cut interest rates. Unlike peers in most of the world's other large economies ...
India's inflation cools to lower-than-expected 4.31% in January
This could clear the way for another rate cut by the Reserve Bank of India, which slashed rates from 6.5% to 6.25% after its ...
India's inflation falls for third straight month to 4.31% in January, making case for further monetary easing
This could clear the way for another rate cut by the Reserve Bank of India, which slashed rates from 6.5% to 6.25% after its monetary policy meeting on Feb. 7.
RBI boss Sanjay Malhotra joins PM Modi's effort to regain lost growth
India's new central bank governor Sanjay Malhotra is expected to support economic growth amidst the slowdown. He cut interest ...
Analysis-India's New Cenbank Chief Joins Modi's Effort to Regain Lost Growth
His decision to cut the key rate for the first time in nearly five years followed the Modi government's announcement of the ...
Asia-Pacific markets mixed as investors assess India rate cut, Japan spending data
Asia-Pacific markets were set to open mixed Friday as investors awaited India's interest rate decision, with focus also on a ...