RBI
RBI's Bank Rate down 50 bps at 9 per cent since April
05 Jun 2012
This measure will increase banks’ liquidity as a lower Bank Rate reduces the amount banks have to give as penal interest on any shortfall of their reserve requirements
Cut in RBI rates likely this month
04 Jun 2012
There is leeway to cut interest rates because of declining production and lower crude prices, the central bank’s deputy governor Subir Gokarn says
RBI lets banks set norms for deposit foreclosure
28 May 2012
RBI hikes forex deposit rates to check outflows
04 May 2012
Currency traders, however, do not expect the move to help stem further near-term weakness of the rupee
RBI mandates ‘account portability’ between bank branches
28 Apr 2012
RBI has asked banks to allow ‘intra-bank account portability’ in cases where full KYC details of the account-holder have already been ascertained previously
RBI cuts Bank Rate by 50 bps to 9 per cent
26 Apr 2012
RBI ends penalty on prepayment of home loans
18 Apr 2012
Home loan borrowers will now find it easier to switch banks to avail of better rates, as the RBI has stopped banks from levying a prepayment penalty on floating home loans
RBI cuts repo rate by a sharp 50 bps
17 Apr 2012
RBI today cut its repo rate by a sharp 50 basis points, bringing it down to 8 per cent, but left the CRR unchanged at 4.75 per cent, warning that the scope for further cuts was limited
RBI dashes hopes of an easy money policy
16 Apr 2012
The Reserve Bank of India (RBI) has dismissed the likelihood any big reduction in policy rates, saying the upside risks of inflation still persisted
Allow customers to use electronic payment: RBI
14 Apr 2012
RBI leaves policy rates unchanged on Budget eve
15 Mar 2012
Having cut the cash reserve ratio (CRR) by 0.75 percentage points last week, the Reserve Bank of India kept its policy rates unchanged in its mid-quarter monetary policy review on Thursday
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