RBI
RBI loosens classification norms for banks’ stressed assets
05 Oct 2016
Under this scheme, loans that companies find difficult to service can be restructured, providing for a longer repayment tenure, or waiving off a part of the debt so that companies are able to service their debt
MPC cuts RBI policy rate by 25 bps to 6.25%
04 Oct 2016
The MPC's decision to cut the policy repo rate comes despite a still-firm consumer price inflation in August when headline inflation stood at 5.05 per cent for the second month
Govt nominates 3 for Monetary Policy Committee
22 Sep 2016
Raghuram Rajan justifies his FCNR act as he bids adieu to RBI
06 Sep 2016
The FCNR(B) scheme drew in $26 billion, more than anticipated, but, for the RBI, its cost could be huge, when the rupee falls against the dollar – every 1 rupee rise in the dollar-rupee rate would costs us Rs40,000 crore more in import costs
