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RBI to vet MFI’s recovery methods

Mumbai, Oct. 29: A RBI appointed sub-committee will examine the recovery mechanism of microfinance institutions and their interest rate practices, amid criticism of these lenders charging exorbitant i

RBI allows banks to trade in currency options

The Reserve Bank of India (RBI) on Thursday allowed banks to be trading and clearing members of exchange-traded currency options subject to fulfilling of conditions related to net worth, capital adequ

Pranab leaves rupee controls to Mint Street

New Delhi, Oct. 26: In what could bring relief to the exporters, the finance minister, Mr Pranab Mukherjee, said on Tuesday that the RBI would intervene to check rupee appreciation if needed.

“RBI is

India's annual food inflation nudges up to 16.37 per cent

New Delhi: India's annual food inflation moved up a bit to 16.37 per cent for the week ended on October 2 compared to 16.24 per cent the previous week, increasing the pressure on the Reserve Bank of I

Inflation up at 8.62 pc; RBI may hike policy rates

New Delhi: Driven by higher prices of essential items, inflation moved up to 8.62 per cent in September, with experts saying that it will prompt RBI to hike its short-term lending and borrowing rates

IPO flows may force RBI to intervene in forex

The Reserve Bank of India is reluctant to intervene in currency markets but may be forced to in coming weeks as foreign investors pour in billions of dollars to buy shares in the country's largest eve

Higher RBI rate to spike banks’ borrowing costs

Sept. 16: Reserve Bank of India’s rate hikes will lead to higher borrowing and lending costs, but with a lag. Some analysts say that banks may increase lending rates only after the festive season.

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Sensex ignores rate hike, inflation spike keeps rising

A benchmark index for Indian equities was back in the green to rule more than 107 points higher in afternoon trade on Thursday, shrugging off a hike in key interest rates by the Reserve Bank of India

RBI may raise key rates to tame inflation: Experts

The RBI is likely to raise policy rates by up to 25 basis points in its mid quarterly policy review on Thursday to tame inflation, which is still ruling near the double-digit mark, said experts.

Pranab says rising prices a worry; asks RBI to take measures

Ahead of monetary review by RBI next week, the government on Saturday expressed concern over rising food prices and advised the central bank to take "whatever" measures required to bring them down whi

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.