Reserve Bank of India (RBI)
India acts on stability fears
The Reserve Bank of India has cut rates for the second time in a fortnight and introduced a raft of liquidity measures to shore up financial stability.
India impacted by global turmoil
Recent events in India's financial markets reflect adverse developments and extreme uncertainty in international financial markets, opines the latest macroeconomic and monetary development mid-term review from the Reserve Bank of India.
RBI strikes day after rate cut
An employee strike at the Reserve Bank of India shut down trading on the Mumbai bond exchange on Tuesday.
India pledges more liquidity
The Reserve Bank of India on Wednesday took further steps to shore up liquidity, judging that the global turmoil warranted action.
Asian central banks act on liquidity shortages
Signs of heightening liquidity tensions in Asia emerged on Tuesday, with the Reserve Bank of India adding Rs20,000 crore ($4.16 billion) to its banking system and Bank Indonesia implementing measures to ease stress in foreign-currency markets. Bank…
RBI's Subbarao: don't overlook us in crisis
Policy makers from developed countries need to take emerging markets and developing countries into consideration in their responses to the current turmoil, noted Duvvuri Subbarao, the governor of the Reserve Bank of India.
India slashes reserve ratio by 150 basis points
The Reserve Bank of India on Friday lowered its reserve requirement ratio by 150 basis points in a bid to ease liquidity tensions brought on by the global turmoil.
RBI quashes rumours second-biggest bank at risk
The Reserve Bank of India on Tuesday moved to soothe concerns that ICICI Bank, a Mumbai-based lender, was in trouble after reports emerged of a run on the bank.
IT a key engine of banking growth: RBI's Thorat
Usha Thorat, a deputy governor at the Reserve Bank of India, believes IT has played a key role in the rapid expansion of the India banking industry over the last five years.
Indian growth still on track: RBI's Subbarao
Duvvuri Subbarao, the new governor of the Reserve Bank of India, has said that the country's economy will continue to expand at a rapid rate despite growth recently dipping to a three-year low.
New RBI governor pledges to fight inflation
Duvvuri Subbarao, who took the helm at the Reserve Bank of India on Friday, has said fighting inflation is his "immediate priority".
Delhi defies expectations, names new governor
Delhi has named Duvvuri Subbarao, a finance secretary, the new governor of the country's central bank, confounding expectations of a second term for the incumbent Y.V. Reddy.
Reserve Bank of India - Annual Report 2007-2008
Although growth moderated marginally, the year to June 2008 was the third year in succession in which the Indian economy expanded by 9% or more, the Reserve Bank of India states in its latest Annual Report.
Indian growth slows
The Indian economy grew by an annual rate of 7.9% in the second quarter, the slowest rate of growth in more than three years, and down from the 9.2% expansion registered in the second quarter of 2007.
RBI: in support of interest futures
The Reserve Bank of India has published details of new measures to strengthen the development of the country's interest-rate future markets.
Fire breaks out in RBI's Delhi office
The Reserve Bank of India's Delhi branch caught fire on Sunday.
RBI to introduce currency futures
The Reserve Bank of India is set to introduce currency futures after finalising rules to sell the instruments on Thursday.
RBI: financial inclusion crucial
Financial inclusion is the biggest challenge facing India's banking industry and the Reserve Bank of India, said Vittaldas Leeladhar, a deputy governor at the central bank.
RBI: lack of education limits electronic payments
A lack of education among bank staff at the branch level is the main reason for the slow adoption of electronic transfers in India, said Vittaldas Leeladhar, a deputy governor of the Reserve Bank of India.
RBI moves to counter "intolerable" inflation
The Reserve Bank of India looked to assert its inflation-fighting credentials on Tuesday, raising its policy rate and reserve ratio, and warning of regulatory action if financial institutions continue to lend excessively.
India's Reddy champions growth for all
Economic growth should only be an objective of the Reserve Bank of India if wealth creation is inclusive, says Y.V. Reddy, the governor of the central bank
India acts on double-digit inflation
The Reserve Bank of India on Tuesday made its second emergency rate increase this month, raising borrowing costs by half a point after inflation reached a 13-year high last week.
RBI will act to curb double-digit inflation: Reddy
Y.V. Reddy, the governor of the Reserve Bank of India, indicated on Monday that the central bank would move to counter inflation, now at a 13-year high.
RBI's Reddy on India's fiscal deficit
India must reduce its fiscal deficit but this must not limit the government's ability to promote inclusive growth, Y.V. Reddy, the governor of the country's Reserve Bank, believes.