Reserve Bank of India (RBI)
RBI's Gopinath on CRAs
Capital requirements that are based solely on credit ratings will need to be replaced by a more granular and nuanced approach, said Shyamala Gopinath, a deputy governor of the Reserve Bank of India.
India makes fresh attempt to spur growth
The Reserve Bank of India announced a fresh round of rate cuts on Wednesday aimed at restoring the health of its ailing economy.
Strike brings Indian markets to a halt
The majority of the Reserve Bank of India (RBI) staff held a one-day strike on Friday, resulting in significant disruptions to the country's financial markets.
PM's adviser wants RBI to cut rates
Suresh Tendulkar, an economic adviser to the Indian prime minister, has said that the Reserve Bank of India should cut rates in the coming week.
RBI deputy highlights key issues from the crunch
Shyamala Gopinath, a deputy governor at the Reserve Bank of India, has highlighted seven topical issues from the current crisis.
India's central bank cuts again
The Reserve Bank of India cut rates by a percentage point for the second time in less than a month and eased deposit requirements for commercial banks in a bid to limit the impact of the financial crisis.
India's Subbarao: fundamentals strong
The fundamentals of the Indian economy continue to be strong, said Duvvuri Subbarao, the governor of the Reserve Bank of India.
Indian inflation plummets as fuel prices drop
India's key inflation measure has dipped by more than a percentage point over the course of a week.
Indian governor on reducing global imbalances
If easy, quick and unconditional international liquidity was provided during a crisis, then emerging economies may not need to insure themselves by foreign reserves accumulation, said Duvvuri Subbarao, the governor of the Reserve Bank of India.
India cuts to two-and-a-half year low
The Reserve Bank of India has slashed rates by 100 basis points in a bid to shore up rapidly flagging growth.
RBI's Mohan on inflows and the rupee
Large volumes of private inflows and export earnings have the potential to over-valuate India's currency, said Rakesh Mohan, a deputy governor of the Reserve Bank of India.
India to lend FX until July to counter stress
The Reserve Bank of India has agreed to support the overseas operations of its banks by providing three-month foreign-currency loans until next July.
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.