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Want to deposit money in your A/C? Drop it in any ATM

The Reserve Bank is looking at connecting all cash deposit machines to the National Financial Switch which will make them interoperable and allow customers to deposit cash into their accounts from......

RBI Governor receives threatening e-mail, security beefed up

Reserve Bank of India Governor Raghuram Rajan has received a threatening e-mail following which his security has been stepped up, a top Home department official said in Mumbai on Thursday. "The......

The remaking of the banking sector

The country’s banking architecture will sport a new look, if the plans of the Reserve Bank of India as well as the government are implemented. The author traces the likely changes to give a......

Jaitley wants interest rates to be 'lot lower'

Despite two interest rate cuts this year by the Reserve Bank, Finance Minister Arun Jaitley on Tuesday said he wants interest rate to be "a lot lower". Jaitley also asserted there were no......

India's retail inflation hits three-month low, scope for rate cut

India's consumer price inflation unexpectedly slowed to a three-month low in March, which could encourage the Reserve Bank to deliver another off-cycle interest rate cut to boost economic recovery.......
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Sensex Extends Losses, Down Over 103 Pts in Early Trade

Continued its losing streak for the fifth straight session, the benchmark BSE Sensex fell by another 103 points in early trade today on sustained... ...

http://www.outlookindia.com/news/article/Sensex-Extends-Losses-Down-Over-103-Pts-in-Early-Trade/892701
Markets turn choppy; Pharma shares drag

Markets trimmed early losses as gains in ITC and financials helped offset some of the losses in Sun Pharmaceuticals which slumped over 10% after... ...

http://wap.business-standard.com/article/markets/markets-open-lower-sun-pharma-hcl-tech-drop-over-7-115042100114_1.html
Sensex turns volatile; IT gains, pharma stocks slide

At 10: 10 AM, the 30-share Sensex was down 118 points at 27,725 and the 50-share Nifty also slipped 35 points at 8,404. Markets extended losses and... ...

http://www.rediff.com/money/report/how-the-markets-fared-on-april-21/20150421.htm
RBI's rupee management dents hedging push

MUMBAI (Reuters) - The Reserve Bank of India's intervention to temper the rupee's rise is inflating foreign exchange hedging costs, impeding its... ...

http://in.reuters.com/article/2015/04/21/india-forex-rbi-forwards-idINKBN0NC0AN20150421
Oil prices down in Asian trade

The People's Bank of China Sunday cut by one percentage point the amount of cash lenders must keep in reserve, the second reduction this year and... ...

http://www.moneycontrol.com/news/commodities/oil-prices-downasian-trade_1363230.html

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