MillenniumPost

RBI to rope in consultant to supervise banks

7 May 2012 2:29 AM GMT
The Reserve Bank of India (RBI) has decided to rope in a third-party consultancy firm to help it incorporate global best practices in its supervisory...

Rupee ends at 53.4 a dollar after RBI move

5 May 2012 1:56 PM GMT
The rupee on Friday came precariously close to 54 levels but recouped day’s most of the losses to end at 53.47/48, down six paise against the US...

RBI holds gold reserves of $27 bn

5 May 2012 1:09 PM GMT
The Reserve Bank of India (RBI) is holding gold reserves of 557.75 tonne valued at $27.02 billion, Parliament was informed on Friday.‘As on April 20,...

Bad loans may have peaked: Sinha

30 April 2012 8:01 PM GMT
Bad loans in the banking system may have peaked and the situation relating to non-performing assets is likely to improve from now on, Deputy Governor...

Bill to transfer RBI shareholding in NHB to Centre

30 April 2012 7:51 PM GMT
To enable RBI to focus on its supervisory function and avoid clash between its regulatory and ownership roles, a bill has been introduced in the Lok...

Financial system still strong: RBI deputy governor

26 April 2012 4:17 PM GMT
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