RBI simplifies process of registration of new NBFCs
Mumbai, Jun 18 (IBNS): To ease the process of registration of new Non Banking Financial Companies (NBFCs),the Reserve Bank of India (RBI) , on Friday, simplified the application form and revised the list of documents to be submitted.
RBI indicates risks to inflation on the upside
Mumbai, Jun 7 (IBNS): During the second bi-monthly monetary policy review on Tuesday, the Reserve Bank of India (RBI) indicated that the risks to inflation were on the upside, according to media reports.
RBI keeps benchmark repo rate unchanged
Mumbai, June 7 (IBNS) : Reserve Bank Governor Raghuram Rajan on Tuesday kept the benchmark repo rate unchanged at a five-year low of 6.5 per cent, reports said.
Mumbai, Dec 1 (IBNS) As expected, the Reserve Bank of India on Tuesday kept the key policy rate unchanged as the repo rate was allowed to be at 6.75 per cent and the cash reserve ration at 4 per cent.
RBI keeps key repo rates unchanged citing inflation risks
New Delhi, Sep 30 (IBNS): The Reserve Bank of India (RBI) on Tuesday decided to keep the key repo rate unchanged at 8 percent citing significant upside risk to its medium term inflation target.