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Govt signals retreat over plans to clip RBI wings

Economists and investors want RBI to retain independence in setting rates The government, under attack for a draft bill that reduces the central bank's independence to set interest rates, has......

Curtailing RBI Guv's veto powers is another flash point

Urjit Patel panel wanted all members to be appointed by RBI The composition of the monetary policy committee (MPC) – as suggested by the revised draft Indian Financial Code – could be......

'Either RBI should have majority in monetary policy panel or governor a veto'

On the issue of a veto for the Reserve Bank of India chief in the proposed monetary policy committee (MPC), C Rangarajan, former head of the central bank and an eminent economist, tells Indivjal......

Govt proposes to dilute RBI Guv's power; can't veto on policy rate

As per revised draft there will be three members from the RBI side and four from the central government, thus giving full control to the government on policy rate In a move that may dilute powers......

Chit funds eye Rs 5K crore a year from NRIs

RBI has allowed NRIs to invest in chit fund companies on a non-repatriation basis, subject to certain conditions The Reserve Bank of India (RBI)’s recent decision to allow non-residential......
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  Web results for Rbi
Can the twain meet?

Is decision-making moving away from hunch to hard facts? Richard Dobbs, author of No Ordinary Disruption, and Kotak Mahindra Bank chief Uday Kotak... ...

http://forbesindia.com/article/special/data-vs-intuition-can-the-twain-meet/40761/1
Lenders take over mgmt control of Electrosteel Steels

Debt image via Shutterstock Following the Reserve Bank of India (RBI) allowing banks to take over management control of chronic defaulting... ...

http://wap.business-standard.com/article/companies/lenders-take-over-mgmt-control-of-electrosteel-115072701050_1.html
Move to strip Raghuram Rajan of control over India rates faces backlash

A file photo of RBI governor Raghuram Rajan. Photo: Ramesh Pathania/Mint Mumbai: The best strategy for governor Raghuram Rajan to fend off the... ...

http://www.livemint.com/Politics/hthPux7FYPSUw8gYEqLFcI/Move-to-strip-Raghuram-Rajan-of-control-over-India-rates-fac.html
Nomura

A strong US dollar and likely intervention by the Reserve Bank of India ( RBI ) is going to put downward pressure on the Indian rupee till the end... ...

http://www.financialexpress.com/article/industry/banking-finance/indian-rupee-to-remain-under-pressure-till-end-2016-nomura/109001/
Top Economy News of the Day

We encourage visitors to register on IIFL. Registering on the site is absolutely Free and offers you the following benefits. Free Portfolio of... ...

http://www.indiainfoline.com/article/news-economy/top-economy-news-of-the-day-115072700396_1.html

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