Search Results for: Reserve Bank of India (RBI)
RBI’s Defence of Rupee Depletes Forex by USD 1.90 Billion
November 16th, 2015
The central bank’s attempts to arrest the fall in the rupee’s value due to domestic political uncertainty and a strengthening US dollar drained $1.90 billion from India’s foreign exchange (Forex) kitty, experts said on Saturday. Overall, the Forex reserves ...
Do you know Deloitte, KPMG, EY are helping the RBI probe NPA cases?
August 28th, 2015
The Reserve Bank of India (RBI) received reports about a month ago on forensic investigations it had ordered into the bad debt at two companies – Surya Vinayak Industries and Deccan Chronicle Holdings. Some corporate investigators are now helping banks to ...
Latest on Digital Currencies
December 31st, 2014
India’s Central Bank Could One Day Use Digital Currency, Chief Says Reserve Bank of India (RBI) governor Raghuram Rajan spoke out on bitcoin at a televised event organised by the NDTV network late last week. During the discussion, which ...
RBI under rate cut pressure as growth slips back
November 26th, 2014
India’s economic growth probably slowed to around 5 percent in the three months to September, slipping from 5.7 percent in the previous quarter, two senior finance ministry sources said, putting pressure on the central bank to cut interest rates. ...
Government to announce curbs on gold import very soon: Sources
November 18th, 2014
In the wake of surge in gold imports, the government would soon impose some curbs on the inward shipment of the metal to prevent current account deficit (CAD) from going out of hand. “Things are being worked out by the Finance Ministry and ...
