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Page 1475 - Finance News

High inflation may prevent RBI from cutting rates

Moreover, uncertainty over monsoon is likely to put pressure on prices of essential commodities

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Updated On : 21 Mar 2013 | 12:34 PM IST

OMOs not to reduce govt's borrowing cost: Gokarn

RBI deputy governor says the apex bank will not use OMOs regardless of what the yields are

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Updated On : 21 Mar 2013 | 12:34 PM IST

RBI decision to retain interest rates is right move: Basu

'My expectation is that inflation in the month of September will go below 7%'

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Updated On : 21 Mar 2013 | 12:34 PM IST

Industry disappointed with RBI keeping policy rates unchanged

For the second consecutive time, the Reserve Bank of India (RBI) today left the key interest rates unchanged in its attempt to fight inflation

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Updated On : 21 Mar 2013 | 12:34 PM IST

RBI policy reflects cautious stance: Montek

Planning commission deputy chairman says growth rate will be lower than what was projected at the time of budget

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Updated On : 21 Mar 2013 | 12:34 PM IST

Inflationary pressures remain strong: experts

Mixed reaction, with disappointment in some quarters, others say RBI call was correct

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Updated On : 21 Mar 2013 | 12:32 PM IST

RBI keeps repo rate unchanged at 8%

CRR unchanged at 4.75% inflationary pressure still high

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Updated On : 21 Mar 2013 | 12:32 PM IST

Inflation weighed on RBI's monetary policy decision: Pranab

RBI kept policy rates unchanged in view of rising inflation, and global economic uncertainty

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Updated On : 21 Mar 2013 | 12:32 PM IST

RBI ups export credit refinance cap

The move will inject Rs 30,000 crore into the banking system

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Updated On : 21 Mar 2013 | 12:32 PM IST

RBI's decision disappoints borrowers

Reduction in policy interest rate rather than supporting growth could exacerbate inflationary pressure: RBI

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Updated On : 21 Mar 2013 | 12:32 PM IST

India Inc disappointed with RBI for not cutting rates

Says there is an urgent need for rate cut to take economy to a higher trajectory

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Updated On : 21 Mar 2013 | 12:32 PM IST

Innovative delivery model to drive banking sector growth: PwC

The government will have to address the concerns over data security to promote innovation in banking technology

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Updated On : 21 Mar 2013 | 12:32 PM IST

RBI asks exporters to convert 50% of forex into rupees

Exporters can also buy forex only after using all their existing foreign currency holdings

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Updated On : 21 Mar 2013 | 12:29 PM IST

Govt disburses Rs 4.76 lakh crore farm credit in FY12

The government has set a target of credit flow for the 2012-13 fiscal at Rs 5.75 lakh cr

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Updated On : 21 Mar 2013 | 12:29 PM IST

RBI officials resigned to weaker rupee

The rupee has shed 9% since March, the biggest fall among major Asian currencies

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Updated On : 21 Mar 2013 | 12:29 PM IST

Pranab to address Parliament on rupee

Earlier in the day, RBI said that central bank was closely watching the rupee

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Updated On : 21 Mar 2013 | 12:29 PM IST

Rupee's fall partly due to global factors: RBI

"We have taken steps and will take further steps if necessary"

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Updated On : 21 Mar 2013 | 12:29 PM IST

Intervention in forex to continue: RBI

The rupee fell to a life-time low of 54.91 to the dollar today

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Updated On : 21 Mar 2013 | 12:29 PM IST

RBI and 926 bank branches to collect advance income tax

Move to avoid inconvenience to tax assesses: RBI

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Updated On : 21 Mar 2013 | 12:29 PM IST

Axis Bank ties up with Bahrain's bank for remittance

Amount to be credited same day for Axis bank account holders, any other bank covered under NEFT network to take two days

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Updated On : 21 Mar 2013 | 12:29 PM IST