Over the short to medium term, valuations are more likely to move down than up.
Issuance of new bank licences proves that the apex bank wants the financial sector to flourish.
Although the RBI is not statutorily independent from the government, Rajan, like previous RBI Governors, has long valued his independence.
21 banks have launched United Payments Interface application.
A specialised force with 1,000 personnel to be formed in the state for the same.
Repo rate may well end 2013 at 8 per cent, where it had begun the year.
With RBI likely to make credit costlier and banks to follow, some ideas on switching money to be able to do this.
The WEF meeting is crucial because of its theme encompassing globalisation at the time of rising nationalism and trade war, and the fourth industrial revolution due to rapid strides being made in robotics and artificial intelligence.
Ruling out a cut in lending rates, bankers said the status quo policy stance of the Reserve Bank will be followed by them, at least in the near-term.
The meet will focus on the recent global economic developments, challenges and collective measures to address them
A majority of economists predicted RBI Governor Raghuram Rajan would leave policy rates unchanged on Tuesday and expected a dovish commentary, as crude oil prices and inflation cool off.
The Reserve Bank of India (RBI) is expected to hold its policy interest rate at 6.75 per cent next week to stifle inflation.
The RBI now brings in important and contentious changes directly through voluminous Master Directions, or Master Circulars
India's GDP for the three-month period ended September 30 grew 7.4%.
Christine Lagarde warned of a repeat of high market volatility.
India's $121 billion troubled debt pile, over $100 billion of which is on the books of state-owned banks, has come under close scrutiny from prosecutors, the media and politicians
'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral Acharya.
The RBI recently met with a handful of foreign banks and asked them to stop acting as market-makers for rupee NDFs, according to three bankers involved in the discussions.
Duterte had consistently led the Time 100 Reader Poll, an online survey in which the publication had asked its readers to vote for who should be included in this year's Time 100 list of the world's most influential people.
The BSE Sensex was among the world's best performers in 2014, rising almost 30 per cent after Prime Minister Narendra Modi took office on promises of reforms to boost growth
The RBI is expected to cut rates in next policy.
Global currency market sentiment is likely to be driven by the US deficit and debt ceiling negotiations, with markets likely to turn more risk averse closer to October 17, the date by which the US Congress must approve raising the country's borrowing limit.
India's gold import bill, estimated at $3 billion in May, is seen falling further this month
The RBI kept interest rates unchanged at 8 per cent as widely expected.
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As on Monday, the prices of many vegetables had fallen as much as 50% compared with those a month before, due to increased supply, following the arrival of winter crops in the markets.
The Reserve Bank on Friday said the economy would grow by 5 to 5.5 per cent in the current fiscal, pinning its hopes on good farm output and improved exports.
"We are willing to speak to any of their leaders," Jaitley was quoted as saying by Bloomberg News.
Foreign capital inflows also boosted the rupee value against the dollar
Says licensing of new banks should be a continuous process instead of the current stop-go system
The implementation of MCLR from April 1 has already led to a rate cut of 10 basis points on home loans by the country's largest bank, State Bank of India, and others.
The size of the hole in today's banking crisis appears to be roughly 10 per cent of GDP.
Highly-placed sources in the government say that none of the senior ministers had any inkling of Patel's resignation
The parlous state of Asia's third largest economy was reflected in the rupee's 18 per cent plunge against the dollar to all time lows since May, when signals emerged that the US Federal Reserve was considering winding down an easy money strategy that had benefitted emerging markets like India.
Factory output in June likely rose 5.4 per cent from a year earlier, faster than the 4.7 per cent growth in May, according to a poll of 27 economists.
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