Weather New York, NY +78°F

Reserve Bank of India

World Economic Outlook

India is Experiencing a Massive Cash Surge of More Than Rs 60,000 Crore During Election Period

The central bank of India is looking into a phenomenon of a massive surge in the public cash during the election period. Election expenses and cash gifts for voters are among the factors speculated to contribute to the cash spike.

Read Full Article
Reserve Bank Of India Governor Unveils Interest-Rate Decision

Home loans turn cheaper as India's RBI cuts rate to 5-year low

The Reserve Bank of India (RBI), India's central bank, has reduced repo rate by 25 basis points to 6.50 percent, indicating an over five-year low. After the rate cut, home loans will be cheaper by half a percentage.

Read Full Article
Union Finance Minister Arun Jaitley Addresses A Press Conference At BJP HQ

India's FM voices rate cut ahead of RBI policy review

Arun Jaitley, India's Finance Minister, has voiced for a possible interest rate cut ahead of Reserve Bank of India's (RBI) review meeting next week, while focusing on controlling fiscal deficit. The Centre has already slashed interest rate on small savings making more conducive weather for lending rate cut.

Read Full Article
Indian Currency Rupees Notes

Global funds bullish on Indian Rupee sovereign bonds

Indian Rupee sovereign bonds are favorite among some global funds. India's high performing debt fund managers are predicting further gains from sovereign bonds as benchmark notes heading towards their best March returns in 13 years.

Read Full Article
Images Of The BSE As Sensex Pares Biggest Weekly Loss in Four Years

Indian market crash channeling funds into MFs

The recent market crash in Indian stock markets is driving funds from equities to mutual funds (MFs). As a result, fixed income mutual funds are witnessing increased inflows of funds amid ongoing bear market.

Read Full Article
David Cameron Receives Indian Delegation As Gandhi Statue Is Unveiled In London

Indian Rupee at 2-month high on rising outflows

The Indian currency Rupee against the US dollar rose to highest since November 2015 on increasing outflows from Indian stocks and bonds. The Chinese markets were witnessing selloff and this also resulted in further withdrawal by foreign investors in Indian markets. The net outflow from Indian markets in January so far was at $686.2 million putting more pressure on currency reserves.

Read Full Article
India

Business activity in India contracts again in June on weak demand

India's dominant services industry contracted for a second month in June as new business again declined, suggesting Asia's third-largest economy is struggling to maintain growth, a survey showed on Friday.

Read Full Article
Reserve Bank of India

India’s central bank nearing policy crossroads

The Reserve Bank of India is facing a fork in the road for the first time since Governor Raghuram Rajan took office amid much fanfare and started targeting inflation as the central bank’s primary mandate.

Read Full Article
Raghuram Rajan

RBI to cut interest rate by another 25 bps in fourth quarter - Reuters poll

The Reserve Bank of India won't cut its key interest rate again until the final quarter of the year as it waits to see how the monsoon season affects food prices, a Reuters poll found.

Read Full Article
Rupee

India Inc seeks better pricing, FX relief to sell rupee bonds offshore

India's plans to allow domestic firms to raise rupee-denominated debt abroad for the first time are being eclipsed by the rising cost of funds in international markets, making it harder for cash-starved businesses to take advantage of the relaxed rules.

Read Full Article
Bitcoin

Indian Bitcoin exchanges to halt operations after banking regulator issues warning

Indian Bitcoin exchanges are expected to be shuttering their services down after initially-quiet Reserve Bank of India (RBI) released a statement regarding the risks of using the cryptocurrency.

Read Full Article
Hindustan Unilever

Multinational companies line up to hike stakes in Indian subsidiaries -India Times

The Reserve Bank of India recently announced that multinational companies can hike their stakes in Indian arms without its approval. Many MNCs are now looking to increase their stakes, go for a merger or de-list their local units.

Read Full Article
Reserve Bank of India

India denies Reserve Bank of India's request for exemption from Competition Act

A request by the central bank of India to be given exemption from the provisions in Section 54 of the Competition Act, which seeks to regulate bank mergers within a certain period, India's Ministry of Corporate Affairs rejected such request.

Read Full Article
Reserve Bank of India

Reforms by new RBI chief seen in net investment inflows into the country

The new programs of RBI Governor Raghuram Rajan have resulted in higher investment rate in the Indian equity markets.

Read Full Article
RBI

RBI allows banks to borrow capital overseas

The Reserve Bank of India (RBI) allowed local banks to borrow overseas up to 100% of their Tier I capital.

Read Full Article
1 2

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics