RBI

A day after the Reserve Bank of India (RBI) decided to keep key lending rates unchanged, a benchmark index of Indian equities markets provisionally closed Wednesday's trade down 117 points or 0.40 percent. Selling pressure was observed in…

A benchmark index of Indian equities markets Tuesday was trading 170.66 points or 0.59 percent down as banking stocks plunged following the Reserve Bank of India (RBI)'s decision to keep key interest rates unchanged in its sixth bi-monthly…

The Reserve Bank of India (RBI) in its sixth bi-monthly policy review Tuesday decided to keep key interest rates unchanged. "We have maintained the status quo (on interest rates). We have taken action on other fronts," Reserve Bank Governor…

A benchmark index of Indian equities markets Monday closed trading 60.68 points or 0.21 percent down in cautious trade ahead of Reserve Bank of India's (RBI) policy review scheduled for Tuesday. Good buying was observed in capital goods,…

Following the Reserve Bank of India's (RBI) unscheduled rate cut in January, expectations of another cut remain more subdued going towards the central bank's policy review scheduled for Tuesday. RBI Governor Raghuram Rajan in mid-January…

Aditya Birla Nuvo Limited (ABNL), promoter and largest shareholder of Idea Cellular, Monday applied for Payments Bank licence with the Reserve Bank of India (RBI), a filing in the Bombay Stock Exchange by the companies said. "ABNL has Feb…

The country's largest mortgage lender -- State Bank of India (SBI) -- has decided to raise equity capital of Rs.15,000 crore to meet the increased capital needs for matching the anticipated growth in business, the bank said. The bank said…

The Reserve Bank of India's (RBI) norms requiring banks to outline the framework they use to determine the loan spread about their benchmark lending rates will reduce pricing power of the latter, global rating agency Moody's Investor…

India's foreign exchange reserves went up by $2.66 billion to $322.14 billion as on Jan 16 due to increase in foreign currency assets as compared to the position a week ago, the Reserve Bank of India (RBI) said Friday. In its weekly…

India's foreign exchange reserves gained by $236.4 million to $319.47 billion for the week ended Jan 9, Reserve Bank of India (RBI) data showed. In the previous week (Jan 2) the reserves had decreased by $471 million to $319.23 billion.…