Going by the real effective exchange rate, the rupee is overvalued
There's surplus liquidity and RBI, with plentiful forex reserves, is ready to pump whatever extra is needed
Rajan, as expected, furthered his predecessors' agenda and continued with the same resolution to make India's financial system safer, and direct the economy towards further liberalisation
Raghuram Rajan said the head of the central bank should have a fixed tenure of more than three years as the current term was too short.
Between Friday's and Monday's close: Yields on 10-year bonds up 6 basis points, rupee slides 13 paise against dollar, Sensex ends flat
The RBI governor-designate may be economical with spoken words, but is known for his sharp and critical writings
The customer will be liable in a limited manner if the negligence is on the part of the customer, such as where she has shared payment credentials
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Banking as we know it will stand on its head in the next 10 years.
The increase was led almost entirely by foreign currency assets
Price rise in services sector after the goods and services tax (GST) gets implemented and the pay hike of central government employees will make inflation control a tough job for the central bank
RBI is expected to discuss about the impact of GST in its monetary policy.
A senior official with Muthoot Finance said the group would also want to apply for a universal licence.
Interview with former Reserve Bank of India governor by Duvvuri Subbarao.
Analysts, however, said the timing of the infusion was good.
A strong currency helps in fighting some of the import-led inflation.
According to Subbarao, the pressure on the currency was inevitable.
Subsequent data revisions revealed that growth had not slowed that sharply.
In his book, former governor Subbarao says Chidambaram, Pranab were piqued by his tight rate policy.
If money allocations, investment commitments are a sign of better things to come, the state can be optimistic.
Banks had raised about $34 billion through the FCNR (B) from deposits from NRIs in September 2013.
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