Raghuram Rajan

Reserve Bank of India Governor Raghuram Rajan has finally delivered a monetary policy announcement which reflects the underlying fundamentals of the Indian economy. The media and the markets are excited about this 'surprise' and will…

In a big relief to the home buyers and home owners, RBI Governor Raghuram Rajan has reduced the repo rate by 50 basis points to 6.75%, which means home loan and auto loan rates will get cheaper once the banks pass the benefits to the…

Mumbai, Sep 18: Reserve Bank of India (RBI) Governor Raghuram Rajan on Friday said inflation should be kept low not only now but also in the future, adding that reforms are needed for sustainable growth. Rajan said at an event here that…

Mumbai, Aug 24:  As the rupee hit a new low and the stock market took a tumble, Reserve Bank of India (RBI) Governor Raghuram Rajan said on Monday that India has sufficient forex reserves to prevent volatility in the currency market.…

Mumbai, Aug 20: The Reserve Bank of India (RBI) will issue Bank Licences to small finance banks to operate next month, RBI Governor Raghuram Rajan said on Thursday. On Wednesday the RBI issued the "in principle" approval to 11 applicants…

Mumbai, Aug 20: Repeating his warnings about global markets being at risk of a crash due to competitive loose monetary policies adopted by rich nations, RBI Governor Raghuram Rajan on Thursday said the recent devaluation of the Chinese…

Mumbai, Aug 14: The Reserve Bank of India (RBI) has announced that it will transfer its surplus profit of Rs.65,896 crore to the central government. "The central board of directors of the Reserve Bank of India, at its meeting held today…

New Delhi, Aug 3: The Reserve Bank of India (RBI) is widely expected to hold interest rates at its monetary policy review on Tuesday. According to the Export-Import Bank of India, the rising trend in inflation seen over the last two months…

Warning that the global economy is on the brink of a situation similar to the Great Depression of the 1930s, Reserve Bank of India Governor Raghuram Rajan has asked central banks from across the world to define "new rules of the game" to…

Mumbai, June 2 (IANS): The first set of new banking licences will be issued by August, taking the number of such private financial institutions operating in the country to more than 12. "I hope to announce at least one set of bank licence…