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- Markets recover, Sensex up 4.17 pts 17 May 2008 09:39 GMT
... close of 4,982.60. Despite government's several fiscal and monetary measures and also by the Reserve Bank of India in the past few weeks, inflation spiralled upwards to nearly 3-1/2 year high of ...
- Inflation refuses to be tamed, rises to 7.83% 16 May 2008 21:32 GMT
... figure. The spike in inflation, analysts say, will only make the job of the Reserve Bank of India (RBI) difficult, as industrial growth has already slowed considerably and further tightening could hurt ...
- Inflation may remain above 7.5% 16 May 2008 21:19 GMT
... a source. However, analysts are divided over the possible monetary policy action that the Reserve Bank of India may take. "We do expect a reaction from the RBI, with the intent of ...
- CCIL to guarantee forward currency, interest contracts 16 May 2008 21:16 GMT
... has already received the Parliament nod, is notified, we will register CCIL with the Reserve Bank of India as a service provider to offer such products (guarantees for forward transaction)," Chairman R ...
- Tight liquidity, inflation hit govt bond market hard 16 May 2008 21:16 GMT
... with the call rates rising to an intraday high of 8 per cent. The Reserve Bank of India has not issued any treasury bills or government securities for auctioning under the market ...
- Inflation a global problem 16 May 2008 21:00 GMT
... government released the price update on Friday. The surge in inflation has forced the Reserve Bank of India to persist with a tight money policy, much in line with what central banks ...
- Edelweiss provides Rs 4.55 cr for losses 16 May 2008 19:59 GMT
... ECL Finance, which is registered as a non banking financial company (NBFC) with the Reserve Bank of India. When contacted, an ECL spokesperson said, "We have made a general loss provision of ...
- ICICI Bank established its Financial Counseling Centre DISHA 16 May 2008 19:57 GMT
... Bank customer or not. DISHA, managed by seasoned retired bankers of commercial banks and Reserve Bank of India, is already present in Ahmedabad, Chennai, Delhi, Hyderabad, Kanpur, Ludhiana and Mumbai. SMS DISHA ...
- Inflation at 44-month high of 7.83% 16 May 2008 17:47 GMT
... rise in recent weeks, it has put the policy planners, finance ministry and the Reserve Bank of India, into a dilemma as to whether to sacrifice the economic growth to check price ...
- Clearing Corp to introduce financial products 16 May 2008 16:14 GMT
... act, which has already received Parliament nod, is notified, we will register CCIL with Reserve Bank of India as a service provider to offer such products (guarantees for forward transaction), its Chairman ...
- Inflation unlikely to ease in the coming week 16 May 2008 16:14 GMT
... 15, 2008. However, analysts are divided over the possible monetary policy action that the Reserve Bank of India may take. "We do expect a reaction from the RBI, with the intent of ...
- Forex reserves climb by USD 200 mn 16 May 2008 15:36 GMT
... assets collections, on a weekly basis. As per the weekly statistical supplement of the Reserve Bank of India (RBI) released on May 16, 2008, foreign currency assets appreciated USD 200 million to ...
- India's Weekly Inflation Rises To 7.83% 16 May 2008 13:29 GMT
... reported earlier. The continuous raise in inflation might given an alarming bell to the Reserve Bank of India to increase the cash reserve ratio further to rein in inflation. The Finance Minister, ...
- RCom Raises Rs.3K Cr. From CDB 16 May 2008 11:36 GMT
... the media. The report said that the company already got required approval from the Reserve Bank of India for the ten-year loan that carries coupon rate of Libor plus 80 bps. The ...
- Inflation at a 7.83% high for week ended May 3 16 May 2008 11:16 GMT
... elections. Policymakers may take more steps to tame inflation if needed. In April, The Reserve Bank of India (RBI) raised the proportion of deposits that banks must set aside by 75 basis ...
- Call markets decline further 16 May 2008 10:35 GMT
... mn: million bn: billion According to the Reserve Bank of India`s (RBI) report on money market operations released ...
- Rupee depreciates 0.56% to Rs 42.64/USD 16 May 2008 10:35 GMT
... The Reserve Bank of India`s reference rate for the US dollar depreciated 0.56% to Rs 42.64, as against Rs ...
- RBI absorbs Rs 10.65 bn, injects Rs 207.05 bn via reverse repo, repo auction 16 May 2008 10:35 GMT
... absorbs Rs 10.65 bn, injects Rs 207.05 bn via reverse repo, repo auction The Reserve Bank of India (RBI) absorbed Rs 10.65 billion in the 4-day reverse repo auction and injected Rs ...
- RCom gets $750mn from China Dev Bank 16 May 2008 07:57 GMT
... and at a rate of Libor plus 80 basis points. RCom had received the Reserve Bank of India approvals for the loan, sources close to the development said. The loan gives significant ...
- Goldman Sachs receives relief in offshore derivatives case 16 May 2008 06:42 GMT
... OCB, the SAT order said "when the Board itself was not aware and the Reserve Bank of India was not clear about the status of Magnus till December 2003, we do not ...
- time to change gears 16 May 2008 05:55 GMT
... year. The fact is that the government is in the proverbial cleft stick. The Reserve Bank of India (RBI) has been raising interest rates to combat inflation but this in turn has ...
- Rupee tumbles by 31 paise to 42.75/76 a dollar 16 May 2008 05:54 GMT
... stock market benchmark Sensex shot up by 375 points to 17,353.54 points today. The Reserve Bank of India today fixed the reference rate for US dollar at Rs 42.40 and that for ...
- Dip in industrial growth: time to change gears 16 May 2008 05:39 GMT
... year. The fact is that the government is in the proverbial cleft stick. The Reserve Bank of India (RBI) has been raising interest rates to combat inflation but this in turn has ...
- Dip in industrial growth: time to change gears(Commentary) 16 May 2008 04:57 GMT
... year. The fact is that the government is in the proverbial cleft stick. The Reserve Bank of India (RBI) has been raising interest rates to combat inflation but this in turn has ...
- Global Banking: Paradigm Shift ' Managing Transition 16 May 2008 04:52 GMT
... of Directors on matters of mutual interest. Dr Y V Reddy, Governor of the Reserve Bank of India, currently chairs the Asian Consultative Council. Additionally, in 2006 the BIS launched a focused ...
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