Mumbai: New RBI Governor Raghuram Rajan on Wednesday came out with a slew of measures, including more trade settlement in rupees to rescue the battered financial markets and hinted at a shift in focu

Mumbai: RBI governor Dr D. Subbarao on Thursday defended his monetary policy actions on inflation, growth and the rupee and said that to blame his policies would be “inaccurate, unfair, and important

New Delhi: Days before he steps down as Governor of RBI, a candid D Subbarao today characterised as "inaccurate and unfair" the contention that the central bank was "obsessed with inflation, obliviou

Mumbai: In what may come as a relief to borrowers, State Bank of India (SBI) on Thursday said it is not considering an increase in lending rates even though some private lenders have resorted to that

New Delhi: Chief Economic Advisor Raghuram G. Rajan has been appointed as the next Governor of the Reserve Bank of India (RBI). Rajan will replace D. Subbarao, who completes his five-year term on Sep

India's inflation rate of 7.5 per cent is still high, the central bank governor Duvvuri Subbarao said on Friday, adding the RBI was on alert to manage both growth and inflation.

India's headline infl

The Reserve Bank of India (RBI) Governor Duvvuri Subbarao has a penchant for springing surprises.

He often opts for the unexpected when it comes to monetary policy reviews, recently disappointing tho

Country's largest bank SBI on Wednesday announced reduction in interest rate on fixed deposits by 0.5 per cent for most of the maturity periods, a move likely to be followed by other lenders.

How

As India seeks to control high inflation, RBI Governor D. Subbarao has said a little sacrifice in growth is 'inevitable' amid efforts to bring down prices to acceptable levels.

Subbarao said cr

The Reserve Bank of India Governor Duvvuri Subbarao said on Monday domestic factors were responsible for the slowdown in the country's growth momentum, and added declining investments were a cause for