The forex kitty swelled for the fifth week in a row during the week ended December 6 to $295.71 billion, adding $4.41 billion. Between August 30 and December 6, the reserves have increased by close to $17 billion.
As the global economy sways into uncertain territories and domestic prices almost certain to rise, Raghuram Rajan's ideas would have come in handy.
Anandabazar Patrika reported that Rajan would prefer to go back to the United States after his three-year term expires in early September
RBI Governor Raghuram Rajan on February 2, left the key interest rate unchanged citing inflation.
The 42-year-old Acharya's appointment for a three-year tenure was cleared by the Appointments Committee of the Cabinet.
The Supreme Court decision to cancel the allocation of 214 coal blocks will have bearing on thermal power plants, in which the banks have put in more than Rs 1 lakh crore (Rs 1 trillion) as loans.
RBI has kept interest rate unchanged at 8 per cent since January
The NPA of the public sector banks rose to 6.03% as of June 2015.
RBI conducts interviews for first lateral hire for CGM post; deputy governors to head four distinct verticals.
RBI had received 72 applications for small finance bank licences.
Observing that it is not yet clear to him what the government means by 'Atmanirbhar Bharat', Rajan said if it is about creating an environment for production, then it is a re-branding of the Make in India initiative.
Green signal from Jaitley; CVC okays Hemant Contractor for head of PFRDA
'I think the markets will move up given that there will be more money.'
Officials, however, said one person's thinking might not change the views of the institution.
Also says PSU banks divestment to be considered after improvement in governance
RBI governor Raghuram Rajan and the government are working towards financial inclusion.
Raghuram Rajan said the passage of the GST Bill augurs well for the growing political consensus for economic reforms.
He warned low interest rates globally could distort markets and would be difficult to abandon
Rajan said the process of dialogue with the government did not reach a stage where he could have agreed to stay on
The academic prize is sponsored by the Deutsche Bank Donation Fund and carries an endowment of euro 50,000.
Some accounts can be revived by rescheduling loans, which the RBI envisages to do once the norms get finalised after the public discussion.
RBI promises to take all necessary steps, including liquidity support
The Reserve Bank had submitted a list of 150 top loan defaulters who owe banks more than Rs 500 crore in a sealed cover to the Supreme Court.
India on Saturday favoured greater mobility of skilled labour
Subdued exports remain an area of concern.
His tweets led to his followers proclaiming that he was backing Patel's appointment
Fiscal outlook to be little bit challenging next year: CEA
Admitting that there are governance issues in the public sector banks, RBI Governor Raghuram Rajan underlined the need for improving transparency in sanction of loans.
Raghuram Rajan called for purposeful and effective action to counter the atmosphere of cynicism, which has slowed down the decision making process.
P Chidambaram on Saturday wondered whether the Modi government "deserves" Raghuram Rajan
Inheritance tax only helps the lawyers: Rajan
Analysts are expecting inflation to fall further in October and November on base effect. Inflation measured by consumer prices has been trending down for over four months, and came in at 6.7 per cent in September.
The rupee has fallen more than 2 per cent against the dollar since the yuan devaluation
Interview with former Reserve Bank of India governor by Duvvuri Subbarao.
RBI Governor Raghuram Rajan, who today surprised markets with a rate hike, defended the move saying a rate cut would not have impacted either banks or borrowers and that bringing down retail prices is the key to sustainable growth.
Most economists feel the RBI has room for a 25-basis point cut, having met inflation targets comfortably
Financial services firm AnandRathi analysed the key points of the policy soon after it was announced.
RBI has, since January, cut its policy rate four times.
Rajan said in order to export, one needs to be able to import things that go into those exports as cheaply as it can.
The convertibility is RBI Governor's 'next big ambitious goal'.
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