Asia’s third largest economy prep for rate cut to battle low inflation
The Reserve Bank of India was widely expected to cut on Wednesday its main policy rate to the lowest in the more…
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Reserve Bank of India
India central bank employees urge governor to protect autonomy
The employee union of the Reserve Bank of India (RBI) has urged the bank's governor to protect central bank…
India appoints Urjit Patel as next central bank governor
India's government promoted Urjit Patel, a deputy governor in charge of monetary policy at the Reserve Bank of…
Asia bourses end higher; Chinese inflation cools, while RBI keeps rates steady
Major Asian stock markets advanced Tuesday, with sentiment likely underpinned by cooling Chinese inflation data…
Egyptian Banking Institute’s mission to Hungary, India to explore SME expertise
The Egyptian Banking Institute (EBI) has organised during May two field visits to India and Hungary to get to know…
Central banks may do more harm than good, says India’s central bank chief
Raghuram Rajan, governor of the Reserve Bank of India, has been leery of the unconventional monetary policy tools…
India central bank keeps rates on hold, sees room for more ‘accommodation’
India's central bank kept its key repo lending rate unchanged at 6.75 percent on Tuesday, as widely expected, after…
India cuts policy interest rate by bigger-than-expected 50 bps
The Reserve Bank of India cut its policy interest rate to a 4-1/2 year low of 6.75 percent on Tuesday, in a…
India Central Bank Chief accuses G-7 of Currency Manipulation
The largest industrial countries are flouting global financial rules against beggar-thy-neighbor currency…
India makes surprise rate cut, citing softening inflation
The Reserve Bank of India announced a surprise interest-rate cut Wednesday, trimming its policy repurchase rate by…
