Neha Dasgupta

The rupee was trading at 64.8250/8350 per dollar at 10.01 am, after weakening to as much as 64.86, its lowest level since September 2013. (Photo: Associated Press)

RBI seen intervening as rupee falls to lowest level since Sept 2013

by Swati Bhat |Aug 12, 2015

The rupee was trading at 64.8250/8350 per dollar at 10.01 am, after weakening to as much as 64.86, its lowest level since September 2013.

Inflation priority makes RBI prepare to mop up liquidity

by Suvashree Dey Choudhury |Jul 7, 2015

Commercial bankers say it would be easier to reduce lending rates, as the RBI has urged them to do, if surplus liquidity prevailed for some months.

RBI announces new measures on debt restructuring by lenders

by Suvashree Dey Choudhury |Jun 8, 2015

Other measures announced on Monday includes allowing lenders to convert debt to equity within 30 days of the review of the company's account.

RBI still not comfortable on inflation, says RBI Governor Raghuram Rajan

by Suvashree Dey Choudhury |Jun 3, 2015

The Reserve Bank of India is not more comfortable over inflation now than it was at its previous policy in April, Governor Raguram Rajan said in a TV interview on Wednesday.

Picture for representation purpose only. Source: Reuters

Banks want RBI to do more than just cut rates to spur lending

by Neha Dasgupta |May 28, 2015

Commercial banks blame the central bank's tight grip on liquidity for keeping the cost of funds high, a claim Governor Raghuram Rajan dismissed as "nonsense" at the April policy review.

Traders believe the RBI will step in more strongly, if the rupee starts falling towards 65, given that could have an inflationary impact by making imports such as oil costlier. (Photo: Reuters)

RBI stays on sideline as rupee hits 20-month low

by Suvashree Dey Choudhury |May 13, 2015

RBI's limited intervention during the rupee's slide to 20-month lows against the dollar shows it welcomes a weaker currency and wants to save ammunition in case volatility worsens.

Fitch, Moody's say India ratings not hit by foreign outflows

by Neha Dasgupta |May 8, 2015

"India's external balances are strong relative to peers on some accounts, and can withstand the current outflows, for instance due to the high level of foreign-exchange reserves," Thomas Rookmaake...

Reserve Bank of India Governor Raghuram Rajan

Raghuram Rajan calls for formal financing routes for farmers

by Neha Dasgupta |Apr 25, 2015

"It is lack of formal financing rather than the excessive burden of informal financing which is the problem. So can we move formal financing to every area of the country," the RBI governor was quo...

India struggles to woo retail investors to govt bonds

by Swati Bhat |Apr 24, 2015

Without tax breaks or other incentives, small investors are unlikely to flock to government securities even with easier access, not least because they can get better returns from other savings pro...

Reserve Bank of India Governor Raghuram Rajan (Photo: Reuters)

Banking sector to undergo major changes in next few years, says Raghuram Rajan

by Neha Dasgupta |Apr 10, 2015

Reserve Bank of India Governor Raghuram Rajan made the statement during a convocation ceremony at a banking institute established by the central bank near Pune.