RBI last week further tightened the screws on both bank and non-banking finance companies into gold funding
'Monetary policy will also have to remain alert to risks on account of the CAD and its financing, which could warrant a swift reversal of the policy stance'
The existing penalty for non-detection and non-reporting of counterfeit notes by banks is also being revisited
The central bank is in advanced stages of discussion with the government
Seeks hard-pressed bank's support for infra through innovative financing
Eurozone expected to further contract in present financial year while growing slightly higher in the next fiscal
A lack of awareness on FTAs has led to the under-utilisation of trade deals by the small and medium enterprises
Public service delivery in Asian region has improved remarkably in last 30-40 years due to rapid growth
Bond yields increase due to hawkish guidance of the central bank
While RBI said there was limited headroom for further rate cuts, ECB did not rule out the possibility of further lowering of rates
The policy statement has provided a clear guidance that the recent assessment of growth-inflation dynamics provides little scope to RBI for further monetary expansion
In 2012-13, the central bank reduced the repo rate by 50 basis points and CRR by 75 basis points
The stance of the annual credit and monetary policy is calibrated. The economic growth is coming from services: Pratip Chaudhuri
Interview with RBI Governor
The finance minister says India's potential growth rate is 8%, the country cannot afford to become complacent and sit back
Interview with Deputy MD, IMF
Repo rate down 25 bps to 7.25%; cash reserve ratio unchanged; central bank sees little room to ease policy furthe