Auction for sale (re-issue) of government stocks
Sep 29, 2016, at 07:02 pm
New Delhi, Sep 29 (IBNS): The Government of India has announced the sale (re-issue) of government stocks through price-based auctions, which will be conducted by the Reserve Bank of India (RBI) at its Mumbai office on Friday.
First Bi-monthly Policy Statement for 2016-17 to be announced on Tuesday
Apr 04, 2016, at 06:52 pm
Mumbai, Apr 4 (IBNS) Dr. Raghuram Rajan, Governor, Reserve Bank of India will announce the First Bi-monthly Policy Statement for the year 2016-17 on Tuesday, which will determine the direction to be followed by the Indian market in the coming months.
RBI announces OMO purchase of Government of India Dated Securities
Mar 15, 2016, at 06:44 pm
Mumbai, Mar 15 (IBNS) The Reserve Bank of India (RBI), based on its current assessment of prevailing and evolving liquidity conditions, has decided to conduct purchase of Government securities under Open Market Operations (OMO) for an aggregate amount of Rs150 billion on Thursday (March 17, 2016) through multi-security auction using the multiple price method:
RBI Guv Raghuram Rajan bats for tolerance, says bans stifle growth
Oct 31, 2015, at 09:49 pm
New Delhi, Oct 31 (IBNS) Advocating for protecting the right to question and chalenge, Reserve Bank of India (RBI) Governor Raghuram Rjan on Saturday said spirit of enquiry is critical for the country's economic progress.
RBI cuts repo rate to four-year low by 50 basis points
Sep 29, 2015, at 05:46 pm
Mumbai, Sept 29 (IBNS) The Reserve Bank of India has cut repo rate by 50 basic points to four-year low to 6.75 per cent in a bid to spur the economy which has been witnessing tardy credit growth, reports said.
RBI clarifies Governor Raghuram Rajan's remarks at London
Jun 29, 2015, at 03:29 am
New Delhi, June 28 (IBNS): The Reserve Bank of India on Sunday clarified that a section of the press has mis-characterized its Governor Raghuram G. Rajan's remarks at the AQR conference at London Business School on June 25, as saying "the world is at risk of a Great Depression".
RBI surprises with repo rate cut by 25 basic points
Jan 15, 2015, at 04:48 pm
Mumbai, Jan 15 (IBNS): With inflation showing signs of easing, the Reserve Bank of India (RBI) on Thursday reduced the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 8.0 per cent to 7.75 per cent with immediate effect.
RBI Deputy Governor hints at rate cuts
Dec 10, 2014, at 10:34 pm
Kolkata, Dec 10 (IBNS): With the oil prices coming down and food prices under control, Reserve Bank of India (RBI) deputy governor S S Mundra hinted the possibility of interest rates cut in the near future.
Aug 05, 2014, at 10:18 pm
Mumbai, Aug 5 (IBNS): The Reserve Bank of India (RBI) on Tuesday kept the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 8.0 per cent.
Jun 09, 2014, at 04:23 pm
Mumbai, June 9 (IBNS) With the Reserve Bank of India (RBI) reportedly buying dollars via state-run banks, the rupee on Monday strengthened at 59 per US dollar.