RBI
RBI allows NRIs to subscribe to chit funds
12 Jun 2015
India secures top rating in all financial market norms
11 Jun 2015
In the latest global 'assessment study' of the regulatory framework for financial market infrastructures across the world, only six countries - India, Australia, Brazil, Hong Kong, Japan and Singapore - have got the highest score of '4' for all eight parameters on a scale of one to four
RBI proposes ownership shift in debt restructuring
09 Jun 2015
Christened the 'Strategic debt conversion’, the new measure will automatically give lenders 51 per cent equity control in a company that fails to repay after a second restructuring of debt
RBI survey pegs current year economic growth at 7.8%
04 Jun 2015
Forecasters expect growth in gross value addition (GVA) at basic prices to improve gradually from 7.5 per cent in the first quarter of 2015-16 to 8.4 per cent in the corresponding quarter of 2016-17
Rajan relents, cuts repo rate by 0.25 percentage points
02 Jun 2015
The rate cut aims to correct the low domestic capacity utilisation, subdued investment and credit growth amidst low inflation and the willingness of banks to incorporate some of the past rate cuts into their lending rates
India needs to open up further for capital account convertibility
18 May 2015
Sound policies, robust regulatory framework promoting a strong and efficient financial sector, and effective systems and procedures for controlling capital flows greatly enhance the move toward convertibility, said RBI executive director G Padmanabhan