Tag: rbi
Gold prices new barometer of global uncertainty like crude oil in past, RBI Governor Malhotra says
RBI Governor Sanjay Malhotra on Friday said perhaps gold price is acting as a new barometer reflecting global uncertainties as the crude oil used to…
India’s forex reserves down $2.3 billion to $700.24 billion for week ending September 26
India‘s foreign exchange reserves stood at $700.24 billion as on September 26, data released by the RBI on Friday showed. For the previous week, India’s…
RBI proposes to ease external borrowing rules to boost credit flow
India’s central bank on Friday proposed linking corporate foreign borrowing limits to financial strength and scrapping cost caps on most such debt in a push…
Trump and tariffs could decide the course of RBI rate revision
MUMBAI: Low inflation has stepped up expectations of rate cuts, but their size and timing hinge on growth trends, with the impending trade deal between…
If external headwinds remain and growth starts to decelerate, MPC likely to cut rates in December: Report
If external headwinds persist and domestic growth begins to decelerate, the Monetary Policy Committee (MPC) is likely to consider cutting policy rates in its December…
Forex rules relaxed to help export, import processing
MUMBAI: The Reserve Bank of India (RBI) on Wednesday relaxed foreign exchange management rules to provide exporters and importers more flexibility amid rising global trade…
Overseas borrowing may soon get easier and cheaper for Indian companies
MUMBAI: The central bank is working to relax rules on external commercial borrowings (ECBs), making it easier and cheaper for Indian companies to raise money…
Financial stability foremost priority, but we shouldn’t impede growth through regulations: RBI Governor Sanjay Malhotra
After announcing a slew of measures centred around ease of doing business and relaxations of norms, RBI Governor Sanjay Malhotra asserted that financial stability is…
Rupee loan average rates fall by 6bps in August
MUMBAI: The average lending rate on fresh rupee loans across the banking system eased by 6 basis points (bps) in August over July to 8.75%,…
RBI to continue to use overnight weighted average call rate as the operating target for monetary policy
MUMBAI: The Reserve Bank of India (RBI) would continue to use the overnight weighted average call rate (WACR) as the operating target for monetary policy…