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When a school boy made RBI Governor Speechless 06 July 2015
RBI Governor Raghuram Rajan was known for his brilliance in implementing fruitful financial reforms. He was hailed by many British and US financial experts as well. But an energetic school boy of Class 8 have directed a sharp question to...
Keywords: Reserve Bank of India, RBI, Raghuram Rajan, RBI
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Relaxation On Curbs on Gold Imports 24 December 2013
Due to the restrictions on the gold imports smuggling of gold in to India is rampant. To address the problem the Government seems to be considering the relaxation of the curbs on gold imports. In order to control the Current...
Keywords: Yellow Metal, Raghuram Rajan, Commerce and Industry Minister, Current Account Deficit (CAD)
Read More Rock Star economist Raghuram in hot seat 05 September 2013
At present, the chair of the RBI chief is the hottest seat there is. Taking control is 'Rock star' economist Raghuram Rajan, who had been appointed as the 23rd RBI governor on 4th September. Rajan has taken the steering wheel...
Keywords: 2008 global financial crisis, RBI governor, Raghuram Rajan, Rupee fall
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China’s Pain Can Be India’s Gain 08 September 2015
Indian Prime Minister Narendra Modi who is completely focused on the economic growth of the country has called up for a meeting to discuss about the financial possibilities and how the country can manage the global economic turbulence. He has...
Keywords: RBI Governor, Modi updates, PM Modi, Narendra Modi
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RBI has not announced any rate changes 04 August 2015
Reserve Bank of India on today kept its policy rates unchanged, while the governor Raghuram Rajan said that the headline inflation is at elevated levels and banks are yet to pass on the full benefits of previous rate cuts. The...
Keywords: cash reserve ratio, Repo rates, cash reserve ratio, cash reserve ratio
Read More Government Pays Price For Price Rise- Chidambaram 11 December 2013
The Union Finance Minister Chidambaram admitted in the Delhi Economic Conclave in New Delhi that the current inflation caused Congress Government loose elections in four states. He said, "It is common knowledge that the government of the day will pay...
Keywords: RBI Governor Raghuram Rajan, wholesale price index, Congress Government, Chidambaram at Delhi Economic Conclave
Read More Rajan wins Governor award 13 January 2015
Reserve Bank of India Governor Raghuram Rajan was conferred with 'Governor of the Year' in the Central Banking Awards for 2015 by a British magazine. This is Rajan's second major award and he had earlier won the "Best Central Bank...
Keywords: Raghuram Rajan, RBI governor Raghuram Rajan, Central Banking Awards, Euromoney magazine
Read More RBI to issue new Rs 10 notes 08 April 2014
Reserve Bank of India [RBI] on Monday announced that it would release fresh Rupees 10 notes with new governor Raghuram Rajan signature. However RBI did not mention any date for the launch of these notes but they are expected in...
Keywords: RBI, 2005 Mahatma Gandhi series notes, RBI governor Raghuram Rajan, RBI to issue Rs 10 notes with Raghuram rajan signature
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Rs 1000 notes to make a come back 21 February 2017
RBI is planning to remonetise the Rs 1000 notes shortly. The Reserve Bank of India (RBI) may introduce a new series of Rs 1,000 notes, to replace the earlier notes of similar denomination. RBI has already started the production of...
Keywords: RBI Deputy Governor R Gandhi, RBI Deputy Governor R Gandhi, cash crunch, Reserve Bank of India (RBI)
Read More RBI Governor Subbarao : all applicants cant be bestowed bank licences! 04 July 2013
The Reserve Bank Of India (RBI) Governor Duvvuri Subbarao announced on Thursday that every companies who possess eligibility that have applied for bank licences will be bestowed one. Beforehand this week, the RBI said it had received 26 applications for...
Keywords: rbi governor subbarao, rbi governor duvvuri subbarao, indian central bank, indian central bank
Read More RBI Governor meets Finance Minister 27 May 2014
RBI Governor Raghuram Rajan met new Finance Minister Arun Jaitley this afternoon. Both had a brief discussion about inflation and other topics. Later Rajan said that to bring down the infaltion, RBI will definitely work with the new government.
Keywords: Quick News, new Finance Minister Arun Jaitley, RBI Governor meets Finance Minister, Raghuram Rajan met Finance Minister Arun Jaitley
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RBI Governor says Inflation "quite high" 16 November 2012
Amidst demand for easing of interest rate, RBI Governor D Subbarao on Friday said inflation is "quite high" at 7.45 per cent even as the bank is conscious about economic growth. His remarks come as headline inflation fell to an...
Keywords: Inflation, Dr.Subbarao, Dr.Subbarao, Dr.Subbarao
Read More Plastic currency to take over? 09 May 2013
So far only bank cards are called plastic currency. Now the term is going to extend to currency too. Reserve Bank of India is going to replace the present currency with plastic currency gradually in stages. On an experiment basis,...
Keywords: First Rs.10 notes in plastic, Plastic currency, RBI, RBI Governor Duvvuri Subbarao
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Shocker: RBI Governor Urjit Patel Resigns 11 December 2018
Shocker: RBI Governor Urjit Patel Resigns:- The Reserve Bank of India's Governor Urjit Patel submitted his resignation last evening citing personal reasons. With increasing tensions between the Finance Ministry and RBI, Urjit Patel submitted his resignation. The 55-year-old Urjit Patel...
Keywords: Urjit Patel, Urjit Patel latest, Urjit Patel latest, Urjit Patel latest
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RBI Governor’s veto power to be clipped 24 July 2015
The revised draft of the Indian Financial Code (IFC), released by the finance ministry has proposed the taking away the RBI chief's authority to veto the interest rate decision of the Central bank's monetary policy committee. The draft has also...
Keywords: RBI Governor, Indian Financial Code, RBI Governor, RBI chairperson
Read More Costlier onions not wiping anyone's tears 17 September 2013
Onions just got dearer. Many reasons have been blamed for the soaring prices of one of the most loved ingredients in everyone's curry. However, this curry is turning out to be a luxury. Latest reports indicate that onion prices have...
Keywords: fuel price, Onion prices, inflation, monetary policy
Read More Sensex gains 300 points 17 June 2014
It was a relief for the stock markets as they closed with gaining over 300 points. With Iraq crisis, the markets were completely down and the inflation added fuel to the fire. However, RBI Governor Raghuram Rajan's response on inflation...
Keywords: Rupee, RBI Governor Raghuram Rajan, Sensex gains, Quick News
Read More Foreign Banks Cannot Go Beyond Regional Banks 18 October 2013
The RBI Governor Raghuram Rajan's announcement to make path for the foreign banks to enter Indian Banking Market and also allowing them to take over Indian Banks gave room to speculations in Indian markets. But if one comes to...
Keywords: Yes Bank, Kotak Mahindra Bank, Kotak Mahindra Bank, Public sector banks
Read More New Governor Appointed by RBI 07 August 2013
Raghuram Rajan is appointed in place of the present Governor of the Reserve Bank of India Duvvuri Subba Rao on 4th September. He is appointed as the Governor of RBI for a tenure of 3 years. Raghuram Rajan who is...
Keywords: Duvvuri Subbarao RBI Governor, New Governor Appointed by RBI, IMF, Fault Lines: How Hidden Factors Still Threaten the World Economy
Read More Rajan's maiden policy review hits stock market 20 September 2013
Stock markets today declined rapidly by 2.7 per cent soon subsequent to the Reserve Bank's advocating war policy announcement in which it moved up the repurchase agreement rate by 0.25 per cent. In fact, the stock market barometer BSE Sensex,...
Keywords: BSE Sensex, Stock markets declined rapidly, Bombay stock exchange, Stock markets declined rapidly
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