Reserve Bank of India (RBI)
Fund completes gold sales
IMF completes sale of 403 tonnes of gold, drawing 15 month process to an end; ease of effort linked to central banks' demand for the metal
RBI’s Gokarn on post-crisis paradigm shift
Reserve Bank of India deputy governor Subir Gokarn calls for flexibility, greater use of prudential measures in monetary policy
Inflation expectations rising in India: RBI
Reserve Bank of India’s December Bulletin says inflation expectations in India are rising due to an increase in expected food prices
India’s banks prepared to meet Basel III: Subbarao
Reserve Bank of India governor Duvvuri Subbarao says India’s banks ready to meet Basel III requirements
RBI’s Gopinath promotes mobile banking in India
Reserve Bank of India deputy governor Shyamala Gopinath says mobile banking key to achieving financial equality in India
RBI reopens second liquidity line to prevent credit squeeze
Reserve Bank of India introduces second liquidity adjustment facility after growth in government savings absorbs liquidity in money markets
RBI bans three banks over circular trading
Standard Chartered, Société Générale and Credit Agricole will be banned from proprietary trading in government bonds
Fund nears the end of gold sales
IMF has sold majority of the gold set aside for disposal; analysts expect Fund will complete sales by end of the year
India tightens loan-to-value ratios
Reserve Bank of India sets out higher loan-to-value ratios on housing loan exposures; central bank also hikes as inflation, inflation expectations, remain high
RBI looks at crisis impact on central banks’ balance sheets
Reserve Bank of India study shows financial crisis led to dramatic change in composition of central bank balance sheets
RBI: external debts in India rising
Reserve Bank of India Monthly Bulletin shows external debts increased over the second quarter of 2010
RBI’s Subbarao: trade between EMEs’ should be exploited
Reserve Bank of India governor Duvvuri Subbarao says developing world can secure prosperity by focusing on trade with other emerging markets
RBI’s Gokarn identifies emerging inflation risks
Reserve Bank of India deputy governor Subir Gokarn says changing dietary habits are driving up food prices
RBI names working group to review key open market operations
Reserve Bank of India names working group members assessing liquidity adjustment facility; six out of ten from central bank
Subbarao tackles dilemmas in central banking
Reserve Bank of India governor opines on five challenges facing monetary authorities
RBI narrows rate corridor with repo, reverse repo hikes
Reserve Bank of India lifts repo and reverse repo rates in first-ever mid-period policy review; narrows rate corridor as flagged to cut market volatility
India’s Mohanty to lead review of key open market operation
Reserve Bank of India executive director Deepak Mohanty will head working group assessing liquidity adjustment facility; review will examine method in light of changing liquidity dynamics
India’s Chakrabarty demands technological improvement in banking services
Reserve Bank of India deputy governor Kamalesh Chandra Chakrabarty says country needs to update banking infrastructure to maintain current growth levels
Subbarao concerned over Basel III countercyclical measures
Reserve Bank of India governor Duvvuri Subbarao cites concern over variable likely to be used to calibrate countercyclical buffers
RBI’s Thorat: formalise payments to promote inclusive growth
Reserve Bank of India deputy Usha Thorat says payments developments offer “unique opportunity”
RBI: India’s reforms strengthened purchasing power parity
Reserve Bank of India paper says 1990s liberalisation policies helped stabilise purchasing power parity
Peru nearly doubles reserve ratio on foreign deposits
Central Bank of Peru raises reserve requirement on foreign deposits to 120% in bid to stem capital inflows
RBI’s income plummets on low returns
Reserve Bank of India’s Annual Report shows income in past fiscal year dropped as rates of return fell worldwide; central bank expects temporarily weakened output path
Indian officials to probe De La Rue plant
Reserve Bank of India says government officials due to visit De La Rue plant; trip follows paper fault which forced De La Rue chief executive to quit