With the rupee depreciating to a new 32-month low against the US dollar, finance minister Pranab Mukherjee on Saturday said the Reserve Bank is "keeping an eye" on the situation.

India has raised the ceiling on foreign institutional investment in government and corporate bonds by $5 billion each, a finance ministry official said on Thursday, to help boost foreign inflows after

The Reserve Bank of India chief Duvvuri Subbarao pushed ahead with a rate hike at the October monetary policy meeting, overruling a majority of external members of an advisory panel who had argued for

As the rupee depreciated to a new 32-month low against the US dollar, Finance Minister Pranab Mukherjee on Wednesday said the Reserve Bank is monitoring the situation and will intervene in the forex

Admitting that high interest rate is hurting economy, the Reserve Bank of India (RBI) on Friday said the country's growth rate is likely to moderate to 7.5-7.6 per cent this fiscal.

"Since we had 7.

Attributing rising bad loans to business cycle, the Reserve Bank on Tuesday said that non-performing assets (NPAs) are not posing any threat to the banking system.

"It (NPAs) is not reaching a point

The Reserve Bank of India (RBI) may consider reversing its tight monetary stance as inflationary woes begin to ebb next month, a top policy adviser said on Saturday.

The RBI has raised interest rates

Global banking giant Goldman Sachs has said there is downside risk to the Indian economy and the Reserve Bank may have to further lower the 7.6 per cent growth projection for this fiscal.

"Our FY12 G

The Reserve Bank on Tuesday chose to continue with its tight monetary stance and raised interest rates by 25 basis points — 13th time since March, 2010 — to tame inflation, even as it lowered the growth target to 7.6 per cent for the current fiscal.

Financial stocks, led by HDFC Bank, on Tuesday dropped by as much as 7 per cent on the BSE after the Reserve Bank raised its lending rates by 25 basis points to tame inflation.