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Page 804 - Finance News

RBI policy review: Non-residents may be allowed access to domestic IRS mkt

Move aims to develop a deep rupee interest rate swap market that accommodates divergent participants

RBI policy review: Non-residents may be allowed access to domestic IRS mkt
Updated On : 06 Apr 2018 | 2:01 AM IST

RBI holds rate, cuts H1 inflation forecast to 4.7-5.1% on lower food prices

RBI lowered its inflation projection sharply from previous forecasts, but flagged risks on the upside on revised numbers

RBI holds rate, cuts H1 inflation forecast to 4.7-5.1% on lower food prices
Updated On : 06 Apr 2018 | 2:00 AM IST

RBI policy review: Payment system firms to have dedicated Indian databases

Move will affect cross-border specialist payment operators and companies like VISA and Mastercard, say experts

RBI policy review: Payment system firms to have dedicated Indian databases
Updated On : 06 Apr 2018 | 1:57 AM IST

RBI's powers will be discussed with govt: Urjit Patel and senior officials

Urjit Patel says HRA revisions have to be excluded from CPI index, but, if there are second-round effects, RBI will take those into account

RBI's powers will be discussed with govt: Urjit Patel and senior officials
Updated On : 06 Apr 2018 | 1:40 AM IST

With RBI's near-ban announcement, cryptocurrency prices crash sharply

From an 8% premium, quoting at 27% discount to international price with investors' distress sales

With RBI's near-ban announcement, cryptocurrency prices crash sharply
Updated On : 06 Apr 2018 | 1:30 AM IST

Monetary policy review: Banks can't deal with crypto traders, says RBI

Central bank considers issuing digital currency, sets up panel which will submit report by June

Monetary policy review: Banks can't deal with crypto traders, says RBI
Updated On : 06 Apr 2018 | 1:29 AM IST

RBI monetary policy: Strong support to our 'MPC on hold' view, says expert

Barclays Chief India Economist Siddhartha Sanyal expect MPC to remain mindful of not stifling growth at current nascent stage of recovery

RBI monetary policy: Strong support to our 'MPC on hold' view, says expert
Updated On : 06 Apr 2018 | 6:30 AM IST

India Inc hails RBI's inflation outlook, says repo rate on 'expected' lines

The MPC has prudently voiced concerns about the possible interplay of domestic and global risk factors, said Chanda Kochhar

India Inc hails RBI's inflation outlook, says repo rate on 'expected' lines
Updated On : 05 Apr 2018 | 11:46 PM IST

Deterioration in asset quality impacting monetary transmission: RBI

The central bank's half-yearly report said the NPAs have touched double digits

Deterioration in asset quality impacting monetary transmission: RBI
Updated On : 05 Apr 2018 | 11:32 PM IST

Videocon paid ICICI Bank dues worth Rs 10 bn till December last year

NuPower will return loan with interest to consumer durables major by 2021

Videocon paid ICICI Bank dues worth Rs 10 bn till December last year
Updated On : 05 Apr 2018 | 10:26 PM IST

Need to correct legal asymmetry in RBI's policing powers, says Urjit Patel

It was first time since the biggest scam in the nation's banking history in mid-February that the RBI has taken questions from the media

Need to correct legal asymmetry in RBI's policing powers, says Urjit Patel
Updated On : 05 Apr 2018 | 6:34 PM IST

RBI dumps GVA model, switches back to GDP to measure economy: Acharya

The GDP model gives the picture from the consumers' side or demand perspective

RBI dumps GVA model, switches back to GDP to measure economy: Acharya
Updated On : 05 Apr 2018 | 6:01 PM IST

RBI keeps key policy rate unchanged at 6%, lowers FY19 inflation projection

Five of six members on the monetary policy committee (MPC) voted for a hold, while one wanted a hike in the repo rate

RBI keeps key policy rate unchanged at 6%, lowers FY19 inflation projection
Updated On : 05 Apr 2018 | 5:56 PM IST

RBI gives banks one more year to adopt Indian Accounting Standards

At today's monetary-policy, the RBI left repo rate unchanged at 6%

RBI gives banks one more year to adopt Indian Accounting Standards
Updated On : 05 Apr 2018 | 5:13 PM IST

Switch from GDP to GVA was mainly to conform to global standards: RBI

We will closely monitor the evolution of the handful of factors and how they impact inflation, said Urjit Patel at the bi-monthly policy press conference

Switch from GDP to GVA was mainly to conform to global standards: RBI
Updated On : 05 Apr 2018 | 5:02 PM IST

GDP growth projected to strengthen to 7.4% in FY19; 7.3-7.6% in H2: RBI

Global demand has been improving, which should encourage exports and boost fresh investment

GDP growth projected to strengthen to 7.4% in FY19; 7.3-7.6% in H2: RBI
Updated On : 05 Apr 2018 | 4:42 PM IST

All payment system operators will have to keep data in the country: RBI

The central bank will issue detailed instructions in this regard within one week

All payment system operators will have to keep data in the country: RBI
Updated On : 05 Apr 2018 | 4:35 PM IST

RBI's monetary policy review: Central bank's stance signals positive change

On the whole it does appear that a rate hike is definitely not on the cards at present and that it will not, unless something goes very awry

RBI's monetary policy review: Central bank's stance signals positive change
Updated On : 05 Apr 2018 | 3:58 PM IST

RBI monetary policy review: Repo rate kept unchanged at 6%; highlights

Reserve Bank of India has maintained the status-quo on the key short-term borrowing rate (repo) in its last three policy meets

RBI monetary policy review: Repo rate kept unchanged at 6%; highlights
Updated On : 05 Apr 2018 | 3:15 PM IST

Growth has been recovering, output gap is closing: Full text of RBI policy

GDP growth projected to strengthen to 7.4% in FY19, from 6.6% in FY18; 7.3-7.4% in H1FY19 and 7.3-7.6% in H2FY19

Growth has been recovering, output gap is closing: Full text of RBI policy
Updated On : 05 Apr 2018 | 3:10 PM IST