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List of articles tagged as RBI


RBI hikes cash reserve ratio by 0.5 per cent
Tuesday, October 30, 2007
www.hindu.com ( Business  )
Belying expectations of any relief on interest rate front, Reserve Bank on Tuesday hiked the statutory deposits - CRR - by 0.5 per cent to 7.5 per cent despite inflation falling to a five-year low. Cash Reserve Ratio is the ratio of interest-free cash reserves mandatorily kept by the banks with the RBI, which had it been unchanged could have provided banks an option to ease the lending rates.

Tags : RBI  ,bank  rates 
Read More | View Comments | Submitted by : arun


No change in Policy Rates : RBI
Tuesday, October 30, 2007
www.rediff.com ( BusinessFinance  )
The Reserve Bank of India is unlikely to change the policy rates the repo and reverse repo rates in its mid-term review of the monetary policy amid persistent inflationary expectations following copious foreign capital inflows. Headline inflation has dropped significantly below RBI's target of 5 per cent for 2007-08 but this is a result of the government deciding not to pass on the increase in

Tags : RBI  Policy 
Read More | View Comments | Submitted by : nldeshpande


Banking stocks shine : Stock Markets
Wednesday, September 26, 2007
www.indiainfoline.com ( Finance  )
On hopes of the RBI following the Federal Reserve and cutting the interest rates, the banking stocks were in the limelight today. ICICI Bank has surged by over 3.5% to Rs1026, SBI has advanced by 2% to Rs1638 and PNB has added 1% to Rs534. OBC, Union Bank and Corp Bank are the major gainers among the Mid-Cap stocks.

Tags : Federal-Reserve  RBI 
Read More | View Comments | Submitted by : corporate



FII's can use bonds as collateral - RBI
Friday, July 20, 2007
in.reuters.com ( FinanceStock market  )
In an unprecedented move, the RBI will allow clearing houses of stock exchanges to accept foreign securities as collateral from overseas investors who want to invest in the derivatives segment of the Indian equities market. A notification to this effect has appeared on the RBI's website.

Tags : RBI  Derivatives  Collateral 
Read More | View Comments | Submitted by : mumbaifirst


RBI to checkmate menace of unsolicited calls
Wednesday, July 04, 2007
www.financialexpress.com ( BusinessFinance  )
In order to counter the growing menace of unsolicited commercial calls from telemarketers selling financial products like credit card, insurance product, the Reserve Bank of India (RBI) has advised banks not to engage telemarketers who do not have a valid registration certificate.

Tags : RBI  Unsolicited-Calls  TRAI 
Read More | View Comments | Submitted by : corporate


RBI will keep tabs on inflows into ICICI offer
Tuesday, June 19, 2007
www.dnaindia.com ( FinanceStock market  )
Strong dollar inflows because of the huge foreign investment in the ICICI Bank follow-on issue could fire up the rupee and create problems for the Reserve Bank of India in dealing with the extra inflows.At Rs 8,750 crore, with a greenshoe option of Rs 1,312 crore, the issue is one of the largest follow-on issues to hit the Indian bourses.

Tags : RBI  ICICI-Bank 
Read More | View Comments | Submitted by : beetle



Temasek, GIC can buy more of ICICI
Tuesday, June 19, 2007
www.dnaindia.com ( Finance  )
The Reserve Bank of India has allowed Temasek Holdings and the Government of Singapore Investment Corp (GIC), investment agencies of the Singapore government, to hold up to 10% stake each in ICICI Bank.

Tags : RBI  ICICI-Bank  Temasek-Holdings  GIC 
Read More | View Comments | Submitted by : ash


Inflation eases, rate rise pressures remain
Monday, June 18, 2007
in.today.reuters.com ( Finance  )
Indian wholesale price inflation eased to its lowest in 10 months, holding within the Reserve Bank of India's comfort zone, but analysts said strong industrial growth meant the central bank would remain vigilant.The widely tracked wholesale price index rose 4.80 percent in the 12 months to June 2, slowing from 4.85 percent a week earlier and well below a two-year high of 6.69 percent in January.

Tags : Inflation  RBI  Wholesale-Price-Index 
Read More | View Comments | Submitted by : autumn


Inflation dips below 5 pc for the first time in 2007
Friday, June 08, 2007
www.ptinews.com ( Finance  )
For the first time in eight months, inflation fell below the five per cent mark to stand at 4.85 per cent for the week ended May 26 from 5.06 per cent in the previous week, as food items and some manufactured products turned cheaper.This would ease pressure off the RBI to further tighten monetary policies, even as the burden from excess liquidity in the system continues, analysts said.

Tags : Inflation  RBI 
Read More | View Comments | Submitted by : biker



'Growth not enough to reduce income disparity'
Wednesday, June 06, 2007
www.financialexpress.com ( Finance  )
The Reserve Bank of India said 9 per cent economic growth will not reduce income disparity unless about 1 crore people currently engaged in agriculture find remunerative non-agricultural employment. Stressing on the need to accelerate growth in the farm sector, he said the Planning Commission's target of increasing agriculture growth rate to 4 per cent would improve rural job conditions by reduci

Tags : Income-Disparity  RBI  Planning-Commission  Employment 
Read More | View Comments | Submitted by : traveller



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