Reserve Bank of India (RBI)

India’s Gokarn rules out March hikes

Reserve Bank of India’s Subir Gokarn emphasises that, barring extraordinary circumstances, the central bank will not raise rates before April; central bank cracks down on PayPal

Rate decisions this week

Majority of central banks to vote this week hold rates constant though dissent voiced in the US and South Africa; Philippines and India tighten, Hungary loosens

China wary of a gold bubble

People’s Bank of China deputy governor says steadily climbing gold prices could decrease the attractiveness of the metal as a reserve asset

New RBI deputy appointed

Subir Gokarn begins term at the Reserve Bank of India where he will run the monetary policy, analysis, communications and statistics functions

India announces payments overhaul

Root-and-branch reform will see Reserve Bank of India investigate the introduction of a new RTGS system, a domestic card initiative and mobile payments settlement

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