Reuters columnist James Saft wrote in his latest column that a reform change, and not a new central bank governor, could help the falling rupee and the Indian economy.
Reserve Bank of India
Breaking News
The Federal Reserve Bank of India said that it would not convert idle gold into bullion.
The Reserve Bank of India had allowed non-resident Indians to purchase shares from Tai Industries and Madras Aluminum Company.
Reserve Bank of India's decision to increase borrowing costs eliminated the country's largest bond gains and further extended the US$8 billion fund outflow.
The Reserve Bank of India imposed US$8.3 million in fines for 22 lenders that flouted rules and regulations on anti-money laundering.
The central bank of India announced its concern following the fast growing currency derivatives trading in the last three years.
The Reserve Bank of India announced new guidelines regarding the 'ownership' and 'control' of FDIs in the country.
The Reserve Bank of India is implementing a notification for private placements from non bank financial firms.
The Reserve Bank of India (RBI) fined three banks that includes Axis Bank, HDFC Bank and ICICI Bank for violating the "know your customer" policy.
The Reserve Bank of India enforces penalties against three banks for money laundering and fraud violations.
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