Surplus, liquidity issues likely to rock RBI's Nov 19 board meeting

1 month ago
The RBI's board meeting on November 19 is expected to be a stormy affair in the backdrop of the ongoing tussle between the government and the central bank, sources said, adding that some members are likely to raise issues concerning capital framework,  ... ...

Sensex rallies 246 points as Samvat 2075 opens on strong footing

1 month ago
Benchmark Sensex surged 246 points to end above the key 35,000mark on Wednesday as investors built up fresh positions in the special Muhurat session to mark the beginning of Hindu Samvat year 2075. The Sensex, after a gap up opening at 35,301.88,  ... ...

RBI listens to government, but takes decisions only for national interest: Raghuram Rajan

1 month ago
Acknowledging that the Reserve Bank of India (RBI) listened and considered all proposals of the Central government, former RBI Governor Raghuram Rajan said the apex bank always took decisions based on national interests. Speaking to business news  ... ...

RBI eases cash reserve rules to ease liquidity

3 months ago
The Reserve Bank of India Thursday allowed banks to dip further into statutory cash reserves in a bid to ease a liquidity squeeze afflicting the nation's money markets. RBI in a statement said banks could 'carve out' up to 15 per cent of holdings under ... ...

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