Posts Tagged ‘RBI’

BofAML says RBI has RM180b in excess capital

By BLOOMBERG
MUMBAI • A panel named by India’s central bank to study its capital structure is likely to identify excess reserves of up to three ...

Tycoons get India court reprieve on RM228b of bad debt

By BLOOMBERG
NEW DELHI • Indian tycoons whose companies have fallen behind on loan repayments can breathe a bit easier now. The nation’s top court on ...

India’s inflation quickens as focus shifts to rate cut

NEW DELHI • India’s inflation rebounded in February, but was still benign enough to support calls for the central bank to lower interest rates at next ...

RBI says yielding to Kotak plea erodes its autonomy

MUMBAI • India’s central bank is warning that its authority could be undermined if courts rule against it in a case involving a major private-sector ...

Modi gets RM16.3b cash from RBI before polls

MUMBAI • India’s central bank will consider an early transfer of a part of its profit to the government, which is desperate for cash to fund populist ...

India Sensex fluctuates as RBI delivers rate cut

By BLOOMBERG
MUMBAI • India’s benchmark equity index was whipsawed yesterday after the Reserve Bank of India (RBI) unexpectedly cut its key policy rate ...

India’s subdued inflation signals monetary policy u-turn

By BLOOMBERG
MUMBAI • India’s headline inflation edging toward the lower-end of the central bank’s target band has opened the door to interest-rate ...

India surprises by reversing debt revamp stance

By BLOOMBERG
MUMBAI • India’s central bank will permit lenders to restructure stressed loans to small companies, breaking from a five-year-old policy ...

Asia’s highest real rates may push RBI chief to ease policy

By BLOOMBERG
MUMBAI • Asia’s highest real interest rates just got a lot higher after inflation in India slowed sharply in November. India’s benchmark ...

RBI’s new chief faces long to-do list

The govt will look to Das to help provide muchneeded liquidity to the banking system
By BLOOMBERG NEW DELHI • India’s new central bank ...

Patel’s exit roils markets already jittery from vote

His exit may lead to less hawkish bias at RBI and could mean a rate cut returning to the agenda
By BLOOMBERG MUMBAI • Urjit Patel (picture)’s shock ...

India central bank governor quits after spat with govt

NEW DELHI • The head of India’s central bank resigned yesterday following a public spat with Prime Minister Narendra Modi’s administration about alleged ...