RBI enhances export credit refinance limit
19 Jun 2012 11:47 PM GMTThe Reserve Bank of India [RBI] Monday decided to enhance the Export Credit Refinance [ECR] limit to 50 per cent of the outstanding rupee export...
RBI keeps interest rates unchanged
19 Jun 2012 11:46 PM GMTThe Reserve Bank of India [RBI] on Monday kept interest rates unchanged giving priority to checking inflation over growth, disappointing India Inc and...
Deepening macroeconomic concerns
19 Jun 2012 3:17 AM GMTContrary to expectations among sections of business for a rate cut to kick-start growth, the Reserve Bank of India (RBI) on 18 June left the key...
RBI expected to cut key rates
18 Jun 2012 1:53 AM GMTIn a bid to spur growth and boost consumer sentiment, the Reserve Bank of India is expected to cut key lending rates by 25-50 basis points in its...
There is room for rate cut: Basu
16 Jun 2012 12:05 AM GMTAhead of the mid quarter review of the RBI’s monetary policy, chief economic advisor Kaushik Basu on Friday said there was scope for cut in interest...
RBI’s Gokarn hints at rate cuts
5 Jun 2012 2:22 AM GMTWith the economic growth slipping to nine-year low levels, the Reserve Bank of India’s [RBI] deputy governor on Monday said below trend growth and...
RBI can’t arrest rupee’s downward trend
2 Jun 2012 11:09 PM GMTThe Reserve Bank of India (RBI) cannot arrest the rupee’s decline if it is caused by weak fundamentals or global factors but can only take more...
PM meets RBI chief, advisers about rupee
26 May 2012 12:30 AM GMTPrime Minister Manmohan Singh on Friday reviewed the sharp decline in rupee value and its impact on the economy with the Reserve Bank of India (RBI)...
RBI to take steps to arrest rupee fall
25 May 2012 6:19 AM GMTAmid steep decline in the value of rupee, the Reserve Bank of India (RBI) on Thursday said that it is monitoring the situation and will do whatever is...
RBI steps in only to curb volatility: Chakrabarty
17 May 2012 3:02 AM GMTAs the rupee dipped to its all time-low of 54.49 to a dollar on Wednesday, leading to increasing calls for arresting its fall at any cost, the Reserve...
Bankers expect rupee to rise
13 May 2012 11:40 PM GMTTreasury officials see the rupee, which saw its all-time low level at closing last week, gaining strength and hovering in the 52.80-53.50 range...
Sell 50% of forex earnings: RBI to exporters
11 May 2012 5:57 AM GMTIn order to arrest the declining value of the rupee, the Reserve Bank of India (RBI) on Thursday asked exporters to sell 50 per cent of their retained...
