Reserve Bank of India

Type: Organization
Name: Reserve Bank of India (Central Bank of India)
Nationality: India
Web Address: http://www.rbi.org.in/
Fact Sheet: Fact Sheet for Central Bank of India
First reported 7 hours ago - Updated 1 hour ago - 3 reports

IT spending by banking, securities firms to touch Rs 42,000 crore

Indian banking and securities companies will spend Rs 42,200 crore ($422 billion) on IT products and services in 2013 ? a 13 per cent rise from Rs 37,300 crore a year ago.IT services is the largest overall spending category at Rs 13,200 crore in 2013. ... [Published Hindu Business Line - 2 hours ago]
First reported 8 hours ago - Updated 4 hours ago - 3 reports

Sensex plunges 388 points on Fed comments, Chinese PMI

The BSE Sensex fell nearly 2 per cent on Thursday, while a volatility index surged, as the prospect of an end to the US stimulus programme and a weak China manufacturing survey sparked concerns that foreign investors will end their recent buying spre ... [Published Financial Chronicle - 6 hours ago]
First reported 8 hours ago - Updated 5 hours ago - 2 reports

Rupee heading towards Rs 60 against US dollar by Dec-end: IIFL

Source: IRIS (23-MAY-13)Comments | Post CommentRupee hits 56 against the dollar, its lowest level in over 8-1/2 months, in intra-day trade on Thursday, as the dollar rallied on worries about a potentially early end to U.S. monetary stimulus.However, rupee ... [Published MyIris - 5 hours ago]
First reported 7 hours ago - Updated 7 hours ago - 2 reports

RBI cancels Arjun Urban Co-Op Bankâs licence

The Reserve Bank of India (RBI) cancelled the licence of Solapur-based Arjun Urban Co-Operative Bank to carry on banking business.âThe Reserve Bank of India has cancelled vide order dated May 21, 2013, the licence of Arjun Urban Co-Operative Bank Ltd. ... [Published India Infoline - 7 hours ago]
First reported 11 hours ago - Updated 9 hours ago - 2 reports

Gartner Says IT Spending in Indian Banking and Securities Market To Reach 422 Billion Rupees In 2013

IT services is the largest overall spending category at 132 billion rupees in 2013 which confirms the strong focus on the financial services sector by IT services providers, many of which are leveraging their prominent position within this domestic m ... [Published Web Newswire - 9 hours ago]
First reported May 22 2013 - Updated May 22 2013 - 2 reports

States’ role crucial in inflation control: RBI Governor

of States and the Centre will be a challenge, according to Reserve Bank of India Governor D. Subbarao.This is due to increased size of borrowing, inflation risk, banks holding excess government securities and expected pickup in demand for private credit ... [Published Hindu Business Line - May 22 2013]
First reported May 22 2013 - Updated May 22 2013 - 2 reports

Govt nominates Nachiket Mor as director on RBI board

Nachiket MorThe central government has nominated Nachiket Mor as a Director on the Central Board of Reserve Bank of India. ... [Published Business Standard India - May 22 2013]
First reported May 22 2013 - Updated May 22 2013 - 2 reports

Physical gold market awaits fresh import guidelines

More From CommoditiesMumbai: Indian gold prices rose half a per cent on Wednesday to extend gains for another session but the physical market remained muted, awaiting fresh guidelines from the Reserve Bank of India (RBI) after restrictions were placed ... [Published NDTV Profit - May 22 2013]
First reported May 21 2013 - Updated May 22 2013 - 2 reports

5/22/2013: Business: Barclays sees RBI easing rates; 75 bps cut by Dec

MUMBAI: British brokerage Barclays on Tuesday said the Reserve Bank of India (RBI) will reduce its policy rates by a hefty 0.75 percentage points till December against the earlier estimate of 0.25 percentage points, following further cooling off in.. ... [Published Hindustan Times - May 22 2013]
First reported May 21 2013 - Updated May 21 2013 - 2 reports

RBI should be the sole regulator for home loans

By Accommodation Times News ServiceThe State Bank of India has suggested that the Reserve Bank of India (RBI) should be the whole-sole regulator for all home loans provided by banks or housing finance companies. The SBI chairman, Mr. Pratip Chaudhri addressing ... [Published Accommodation Times - May 21 2013]
First reported May 21 2013 - Updated May 21 2013 - 3 reports

Indian bond market takes wing hoping RBI answers dovish prayers

:07 Posted by 5MUMBAI: Investors in India's rocketing bond market are betting heavily on the central bank shedding some of its habitual caution by both cutting interest rates and injecting liquidity, but some analysts reckon hopes for further easing are ... [Published Business Recorder - May 21 2013]
First reported May 21 2013 - Updated May 21 2013 - 3 reports

RBI rebuilding reserves to prevent downgrade to junk

India is using a surge in inflows into local bonds and equities to rebuild its currency reserves, boosting its ability to avoid a junk debt rating. The Reserve Bank of India bought $820 million more than it sold in March, the first net purchase since ... [Published OANDA Forex Blog - May 21 2013]

Quotes

"Worries about outflows may persist for the next few days but people would buy into declines" said G Chokkalingam, chief investment officer, Centrum Wealth Management
"High trade deficit and consumer inflation in India is still a concern for RBI and may fuel the rupee's depreciation" it opined
"Indian markets were overbought and therefore we are seeing some correction. Some outflows are possible but it will be not be an exodus" said Paras Adenwala, MD & Principal Portfolio Manager, Capital Portfolio Advisors. The Nifty fell 2.09 percent or 127.45 points, to end at 5,967...
"The state and central government should form a joint front to represent the case of mining industry before the Supreme Court" Fonseca said

More Content

All (3615) | News (3484) | Reports (3) | Blogs (97) | Audio/Video (0) | Fact Sheets (16) | Press Releases (3)
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Developers gear up to tap ECB route for afforda... [Published Hindu Business Line - 1 hour ago]
Subbarao went against majority view on rate cut [Published Livemint.com - 1 hour ago]
As US dollar gains strength, rupee hits eight-m... [Published Financial Chronicle - 1 hour ago]
Indian banks: Lenders of the last resort [Published The Economist - 1 hour ago]
#RBI to increase forex reserves by buying dollar [Published ASAPP - 2 hours ago]
IT spending by banking, securities firms to tou... [Published Hindu Business Line - 2 hours ago]
CARE's International JV To Be Christened ARC Ra... [Published Smart Investor - 3 hours ago]
RESERVE BANK OF INDIA : Investment by FIIs unde... [Published 4 Traders - 4 hours ago]
Subbarao went with views of minority members in... [Published Business Standard India - 4 hours ago]
Sensex Plunges 364 Pts On US Stimulus Worries [Published Businessworld India - 4 hours ago]
Government to come out with a new set of clarif... [Published The Hindu - 4 hours ago]
Rupee heading towards Rs 60 against US dollar b... [Published MyIris - 5 hours ago]
End of U.S. Stimulus Program May Hit Indian Sto... [Published Silicon India - 5 hours ago]
Stock MarketsBSE Sensex slides as US stimulus w... [Published Express India - 5 hours ago]
Sensex loses 388 points, Nifty ends below 6,000... [Published Indian Mirror - 5 hours ago]
UPDATE 1-India cbank chief overrules panel view... [Published XE - 5 hours ago]
Mining ban: Don't fine loan defaulters, demands... [Published Economic Times - 5 hours ago]
Banking, security cos to spend Rs 42,200 cr on ... [Published Moneycontrol.com - 5 hours ago]
Rupee pulls off 8-1/2 month lows as exporters sell [Published Yahoo! UK and Ireland - 6 hours ago]
Sensex plunges 388 points on Fed comments, Chin... [Published Financial Chronicle - 6 hours ago]
Subbarao went against panel suggestion of no re... [Published Yahoo! UK and Ireland - 6 hours ago]
Microfinance sector on the rise; regains faith ... [Published India Infoline - 6 hours ago]
No need to panic on rupee front: Raghuram Rajan [Published Economic Times - 6 hours ago]
State Bank of India Profit Falls on Bad Loans; ... [Published Washington Post - 6 hours ago]
RBI cuts repo rate by 25 bps; expects economy t... [Published ASAPP - 6 hours ago]
Sensex sinks over 400 points on Fed comments [Published NDTV Profit - 7 hours ago]
Cash rates steady; StanChart expects more OMOs [Published Economic Times - 7 hours ago]
OIS rates at 1-week high on Federal Reserve com... [Published Economic Times - 7 hours ago]
Sensex cracks 387 as Japan falls; SBI, LT lead ... [Published Moneycontrol.com - 7 hours ago]
Banks, securities cos to spend 13% more on IT t... [Published Hindu Business Line - 7 hours ago]
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Blogs

sort by: Date | Relevance
RBI rebuilding reserves to prevent downgrade to... [Published OANDA Forex Blog - May 21 2013]
India is using a surge in inflows into local bonds and equities to rebuild its currency reserves, boosting its ability to avoid a junk debt rating. The Reserve Bank of India bought $820 million more than it sold in March, the first net purchase since ...
Gold steadies despite silver slide [Published Proactiveinvestors United Kingdom website - May 20 2013]
  Gold steadied after the falls seen last week, with attention also diverted by the heavy drop in the silver price in recent days.  Silver took a beating in Friday, slipping down as low US$21 per ounce on reports of a big sale in Japan. It opened ...
MICROCAPITAL BRIEF: Oxigen of India Unveils Oxi... [Published MicroCapital - May 17 2013]
Oxigen, an India-based payment solutions provider, has announced a new mobile money transfer service called OxiCash, which is intended to provide poor people with a “mobile wallet” for receiving funds and transferring money between bank accounts. This ...
M-Pesa Launches in India [Published Center for Financial Inclusion Blog - May 15 2013]
> Posted by Jeffrey Riecke, Communications Assistant, CFI The flagship mobile money service M-Pesa launched in India last month. The service, which started in Kenya in 2007 and has since expanded to eight countries and 17 million users, will be ...
Frontrunning: May 14 [Published Zero Hedge - May 14 2013]
Controversies give Obama new governing headaches ( Reuters ) About that Capex... BHP to Rein In Investment, Chief Says ( WSJ ), considers returning cash to shareholders ( FT ) Bloomberg users’ messages leaked online ( FT ) Japanese mayor sparks China ...
1 2 3 4 5 6 7 8 9 10 ...

Press Releases

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Polaris Wins Three Major Asian Banker Technolog... [Published Business Wire - May 09 2013]
Central Bank of India Taps IBM Analytics to Acc... [Published Financial Services - May 09 2013]
YES BANK startet Online-Überweisungsplattform Y... [Published PR Newswire - Jan 21 2013]
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