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- RBI credit policy offers nothing new
Mumbai: After infusing Rs 1,85,000 crore liquidity into the banking system in October, RBI today surprised the market by keeping its key rates unchanged in the mid-term review of annual monetar....
- RBI further liberalises ECB norms
Mumbai: Faced with outflow of foreign capital, Reserve Bank today further relaxed the external commercial borrowing guidelines and allowed companies to bring in funds up to USD 500 million for ....
- RBI cuts repo rate to 8 per cent
Mumbai: Taking further action to curb the existing financial situation in the country the apex bank Reserve Bank today cut short-term lending (repo) rate by 100 basis points to 8 per cent. Cut ....
- Watching closely; more measures if needed: RBI
Panaji: Reserve Bank is keeping a close vigil on the liquidity conditions in the country's banking system and will take more measures if needed, Governor D Subbarao said yesterday. "We have tak....
- RBI cuts CRR by 1 pc, releases additional Rs 40K cr
Mumbai: The Reserve Bank today further cut by one per cent, the amount of mandatory cash that banks need to park with it - a move that would unlock Rs 40,000 crore into the financial system and....
- Liquidity situation comfortable: RBI
New Delhi: Reserve Bank of India (RBI) Governor D Subbarao on Tuesday said that the liquidity situation was comfortable. "The liquidity situation is comfortable. Everything is under control," S....
- Poor response prompts RBI to extend loan for MFs
Mumbai: Lukewarm response from banks to the special short-term lending (repo) facility today prompted the Reserve Bank to extend the scheme till Rs 20,000 crore is fully subscribed for on-lendi....
- More measures to infuse liquidity on anvil, says FM
New Delhi: The Reserve Bank and government today agreed to take fresh measures immediately to infuse liquidity into the system, says Finance Minister P Chidambaram. "Government and RBI are agre....
- India's central bank moves to free another $200 bn
Mumbai: A day after asking commercial banks not to withhold credit to the corporate sector, especially small firms, the Reserve Bank of India (RBI) on Tuesday said another Rs 200 billion ($4.18....
- Subbarao to meet PM to discuss liquidity crisis
New Delhi: RBI Governor D Subbarao is scheduled to meet Prime Minister Manmohan Singh later this evening, Finance Minster P Chidambaram said today. "Governor RBI has returned to Mumbai. He has ....
- RBI may delay liberalisation policy for foreign banks
New Delhi: The global financial crisis may force the Reserve Bank to delay the road-map for further liberalising the banking sector by six to eight months from the scheduled date of April, 2009....
- RBI cuts CRR by additional 1 pc, FM for more liquidity
Mumbai: Taking swift action to inject about Rs 60,000 crore into the cash-strapped system, the Reserve Bank today announced additional one per cent cut in mandatory requirements for banks to ke....
- RBI cuts CRR by 50 basis points
Mumbai: The Reserve Bank of India has slashed by 0.50 per cent Cash Reserve Ratio, the rate of mandatory deposits that banks need to keep with it to ease the tight liquidity position, a move th....
- RBI reduces cash reserve ratio to 8.5 per cent
New Delhi: The Reserve Bank of India (RBI) today reduced the cash reserve ratio by 50 basis points to 8.5 per cent, bringing cheer to financial circles. The central bank said the decision was t....
- On RBI complain, CBI files fraud case
New Delhi: After having received a complaint filed by Reserve Bank of India (RBI), the bank securities and fraud cell of Central Bureau of Investigation (CBI) filed a fraudulent case on Tuesday....
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