The Reserve bank of India continuing its move to stabilize the Indian banking system fed another Rs 65000 crore by cutting down the mandatory Cash Reserve Ratio (CRR) for banks by one percent and by [...]
Reserve Bank of India
The Reserve Bank of India in its effort to effectively deal with the financial crisis has now further relaxed some of its banking norms that would facilitate the people in raising funds from the cooperative [...]
The liquidity package The Reserve Bank of India brought has not been able to overpower the risk aversion attitude Mutual Funds are adopting. So far, an amount of Rs. 7,900 crore has been taken up [...]
Employees at The Reserve Bank of India seem to have greater worries than decreasing liquidity situations in the country. The staff is to go on a joint strike on 21 October to draw the authority’s [...]
Despite The Reserve Bank of India and Government coming up with a monetary relief package of Rs. 2,00,000 crore, stock markets are unaffected by it. The Reserve Bank of India has now decided to correct [...]
After announcing a cut in repo rate long back in 2004, The Reserve Bank of India has reverted to this measure after a gap of four years. The rate at which the apex bank lends to other [...]
After announcing on 11 October that CRR stood at 6.5 percent and cutting repo rate by 100 basis points on 20 October to bring it at 8 percent, The Reserve Bank of India is not willing [...]
The Central Bank said that despite disturbances in almost every sector in the financial markets, the growth rate in India is the highest among all the nations. The downfall being observed in the core infrastructure [...]
The Reserve Bank of India is thinking on revising the procedure followed by FDIs. The decision that was taken on Friday is a step to improve the Know Your Customers (KYC) norms. The guidelines that [...]
