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RBI warns that un-conventional money policy could be costly

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RBI chief Raghuram Rajan: Unconventional money policy is costly RBI Governor Raghuram Rajan said here on Saturday, that the benefits of unconventional monetary policy are...

When cleaning bad loans, Banks should name and shame the borrowers

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New Delhi In an article published on this site, Raghuram Rajan, the Reserve Bank of India (RBI) Governor had exhorted the staff of the bank...

Rajan asks staff to ensure RBI not seen as paper tiger

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Reserve Bank of India Governor Raghuram Rajan, in a New Year message to all colleagues, asked them to ensure that the central bank is...

Bears yanked key Indian equity indices from record highs

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Mumbai In what was a dramatic year for the Indian stock markets, key indices scaled record highs, only to see their valuations drop sharply over...

India’s central bank keeps interest rates unchanged

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The Indian central bank on Tuesday kept its short-term lending and borrowing rates unchanged, in line with expectations, balancing its policy action between a...

Former Dy Governor of RBI Subir Gokarn appointed Exec. Dir. at...

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New Delhi Former RBI deputy governor Subir Gokarn was appointed as an executive director of the International Monetary Fund (IMF) on Thursday. Besides India, Gokarn will...

Sovereign gold bond price fixed at Rs.2,684 [$40.98]/gram

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PG Staff Chennai, Nov 3 The issue price for the first tranche of Sovereign Gold Bond has been fixed at Rs.2,684 per gram of gold,...

NRIs have a new investment option: National Pension System

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PG Staff Mumbai, Oct 29 In a move designed to help NRI access old age income security, the Reserve Bank of India (RBI) on Monday enabled...

Increased foreign flow swells India’s Forex coffers

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PG Staff Mumbai, Oct 24 A Strengthening rupee and increased foreign fund inflows into the equity markets buoyed India's foreign exchange (Forex) kitty by $458 million,...

Rajan delivers, onus now on Jaitley

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PerformanceGurus Staff New Delhi In a surprise move, Reserve Bank of India (RBI) Governor Raghuram Rajan cut down the key interest rate by 0.5% on...

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