Reserve Bank Governor Bimal Jalan on Monday held a meeting the bankmen's unions in order to address the problems faced by the bank employees in issuing clean currency notes to the public.
Reserve Bank of India Governor Bimal Jalan on Wednesday said the apex bank's stance on soft interest rate environment will continue while it will remain flexible for repo rate.\n\n\n\n
There has been a convergence between what the markets expected and what was announced in the Credit Policy.
IDBI found itself in favour on reports that a parliamentary committee will meet the RBI governor to consider converting the financial institution into a universal bank.
Reserve Bank of India governor Bimal Jalan said on Tuesday that the central bank was comfortable with the current level of inflation and was not worried about a recent rise in the rate.
A possible US-led war against oil-rich Iraq is likely to have a limited impact on Indian interest rates and inflation, central bank governor Bimal Jalan said
Returns on government securities are likely to be market-determined as the Reserve Bank of India on Friday asserted that it is not targeting any yield.
RBI Governor Bimal Jalan said on Friday that the gross domestic product growth could be between 5-5.5 per cent in the current fiscal.
The economy is slated to grow by 6.9 per cent in this fiscal backed by a robust 9.0 per cent growth in farm output, credit rating agency ICRA said on Monday.
Outgoing Reserve Bank of India Governor Bimal Jalan talks about market realities like fall of gilt yields and the importance of creating investment fluctuation reserves by banks.
Jalan has unquestionably left an indelible mark on Mint Street.
The Reserve Bank of India governor Bimal Jalan has hinted at an upward revision of GDP and likely downward movement of inflation in view of food prices coming down following a good monsoon.
Indications are that Reddy will take charge as RBI Governor after the annual meeting of the IMF slated in late September.\n\n
Reserve Bank of India on Saturday said it would shortly issue new notes of Rs 10 in the 'Mahatma Gandhi' series with capital letter 'M' inset in the numbering panel bearing the signature of governor Bimal Jalan.
Reserve Bank of India has kept options open for a possible repo rate cut but said there was no "great urgency" for slashing it from the present level of 5.0 per cent.
Reserve Bank of India reiterated on Tuesday that the economy will grow at six per cent during 2003-04.
RBI Governor Bimal Jalan on Thursday ruled out the possibility of a change in Repo rate, but hoped that inflation would turn soft from the second quarter of the current fiscal.
Reserve Bank of India Governor Bimal Jalan said on Wednesday that the central bank had a soft and flexible stance on altering the repo rate if monetary conditions warranted.\n\n\n\n
The Reserve Bank of India on Tuesday cut the bank rate by 0.25 per cent to 6 per cent with effect from close of business hours.
Reserve Bank of India governor Bimal Jalan said on Monday the economy was likely to grow 6 per cent in the current financial year.
The main difference of opinion between RBI and FinMin is over the transfer of the RBI's 'excess' capital reserves. The Jalan panel seeks to convince finance secretary Subhash Garg to soften his dissent note language. The move is aimed at maintaining the now-cordial relations between the RBI and the finance ministry.
Reserve Bank of India Governor Bimal Jalan said on Friday that current crude oil price levels were not a cause for worry.
Reserve Bank of India governor Bimal Jalan said the country would have no problems in meeting its oil bill in the event of a war in Iraq.
Reserve Bank of India governor Bimal Jalan said on Monday there was no urgency to review the central bank's stance on the bank rate as announced in its October credit policy statement.\n\n
Reserve Bank of India on Wednesday expressed confidence that the Indian economy has the resilience to face any problems that might crop up in the event of a war in Iraq and said the soft interest bias would continue despite a rise in price level.
Reserve Bank of India chief Bimal Jalan said on Friday he was not considering a cut in the short-term repo rate, but added he was in favour of a soft monetary policy bias.\n\n\n\n
No inflationary pressure in near future: Jalan
Reserve Bank of India governor Bimal Jalan reiterated Monday the bank's soft monetary bias but said there was no immediate plan to cut the short-term repo rate.
Reserve Bank of India chief Bimal Jalan reiterated on Monday the bank's soft monetary bias but said there was no immediate plan to cut the short-term repo rate.
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