
Rajan added India's macro-economic problems were "under control" although he added the country would need to focus on increasing domestic production as an effective way to protect itself against a...

The comments come amid rising market expectations for a rate cut at the RBI's next policy review on September 29 after consumer inflation eased to a record low in July.

Officials in finance minister Arun Jaitley's ministry are encouraging economists and newspapers to lobby directly for further easing, senior government officials said.

A survey by the RBI showed households expect consumer inflation to hit 10.1 per cent within three months, almost double the current 5.4 per cent and a level not seen since late 2013.

The RBI has cut interest rates three times this year. But hundreds of indebted companies are saying that's not enough. They argue the RBI has room to further ease policy, as the WPI has dropped for an...

The ceiling coupon rate for AAA-rated issuer of tax-free bonds has been fixed at 55 basis points below the government bond yield for retail investors and 80 basis points for other investors, the c...

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 governor Raghuram Rajan said India would examine debt limits twice a year, hinting at a more formal decision-making process.

RBI said firms' solvency ratios and ability to service debt, measured by their interest coverage ratios, had worsened.

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





