Tag: RBI
17 Results
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Sensex drops over 150 pts ahead of RBI board meet
The BSE benchmark Sensex on Monday fell over 150 points, led by weakness in auto, IT and financial stocks amid heavy selling by foreign institutional investors, as investors turned cautious ahead of RBI's board meet.
February 18, 2019 -
Arun Jaitley to address RBI Central Board of Directors today
In a post-budget exercise, the Finance Minister may discuss among other issues an action plan for the fiscal consolidation for the coming months
February 18, 2019 -
From Mudra to NPA
There is little doubt that the seeds of failure were contained either in the scheme or the political motivation behind it because sound economic motivation would not have driven mission Mudra to such dire straits so quickly.
February 8, 2019 -
Loans may get cheaper as RBI cuts repo rate by 25 basis points to 6.25%; stance changed to ‘neutral’
Addressing the media on monetary policy, Das said the GDP growth has been projected at 7.4 per cent for 2019-20.
February 7, 2019 -
Sensex closes 358 points up on hopes of rate cut
The BSE Sensex closed 358.42 points or 0.98 per cent higher at 36,975.23, while the Nifty finished the trade 128 points or 1.17 per cent higher at 11,062.45.
February 6, 2019 -
Sovereign gold bonds on sale at Rs 3,214: Government
Investors who apply and make payment online for the Sovereign Gold Bond Scheme 2018-19 – Series V will get a discount of Rs 50 per gram.
January 12, 2019 -
RBI to soon release new Rs 20 bank note
The new look notes are being introduced since November 2016 under Mahatma Gandhi (New) series.
December 25, 2018 -
India’s foreign exchange reserves down by USD 613.9 million
FCAs, the largest component of the forex reserves, edged lower by $631.6 million to $367.86 billion during the week ended December 14.
December 22, 2018 -
Prompt corrective action?
That two economists of international eminence have found it impossible to serve as its governors under the current dispensation is self-revealing of the narrow straits into which India’s central bank is being forced into, which is far from edifying.
December 17, 2018 -
RBI Governor Shaktikanta Das to steer first central board meet today amid autonomy row
The meeting comes in the backdrop of surprise resignation by Urjit Patel earlier this week citing personal reasons.
December 14, 2018 -
Sensex up 600 points, Nifty above 10,700
Positivity in Asian markets contributed to the gaines by the domestic equity indices.
December 12, 2018 -
People reject BJP’s attacks on Nehru-Gandhi family, institutions: Sharad Pawar
Speaking to mediapersons on his 78th birthday, Pawar said the BJP indulged in "a very vicious campaign" in the five states, even making personal attacks on the Nehru-Gandhi family.
December 12, 2018 -
Ex-economic affairs secretary Shaktikanta Das appointed new RBI Governor
Das replaces Urjit Patel who resigned on Monday in an abrupt move that follows days of a bitter row between the central bank and the central government over surplus reserves.
December 11, 2018 -
Lawyer says Jaitley wants to ‘plunder’ RBI’s capital reserve, SC fines him
'You want us to restrain the finance minister... You have done some good work. Why are you destroying your credibility,' the Chief Justice told the lawyer.
December 7, 2018 -
RBI monetary policy committee leaves repo rate unchanged at 6.5%, GDP growth projection at 7.4%
The MPC noted that crude oil prices have declined sharply, reflecting higher supplies and easing of geopolitical tensions.
December 5, 2018 -
It takes two to tango
The uncharacteristic spat between the mandarins of North Block in the Ministry of Finance (MoF) on the one hand and the mainly Congress-led but joined by impartial academics spewing their acidulous onslaught on behalf of the country’s central bank in defense of the latter’s functional autonomy on the other, did eventually turn out to be …
Continue reading "It takes two to tango"
November 28, 2018 -
NBFCs stay afloat with regulators support
Non-banking financial companies (NBFCs) have been under the scanner of regulatory bodies, market analysts and other stakeholders for the past couple of months over the issue of non-performing loans in the financial services sector. In the wake of the flurry of theories and speculation surrounding the so-called ‘liquidity crunch’ in NBFCs, the Reserve Bank of …
Continue reading "NBFCs stay afloat with regulators support"
November 28, 2018