Cynicism slowing down decision making process: RBI Governor

Reserve Bank Governor Raghuram Rajan called for purposeful and effective action to counter the atmosphere of cynicism, which has slowed down the decision making process, and to tap growth......

Steps to broaden govt securities' market in coming weeks: Rajan

To broaden financial markets, the Reserve Bank will unveil steps to improve the liquidity and depth of government securities market in the coming weeks. "In the coming weeks, we will roll out more......

Rupee fate hinges on US tapering, oil cos' demand: Kochhar

Demand for US dollars from oil importers and US Fed's move on tapering its economic stimulus programme will impact the movement of the rupee going forward, ICICI Bank MD and CEO Chanda Kochhar said......

Chidambaram hopes RBI gives license to specialised banks

Finance Minister P Chidambaram on Friday suggested the Reserve Bank of India prefer those applicants for new bank licence who want to set up specialised banks rather than the ones keen to establish......