It’s now official: US Federal Reserve chairman Ben Bernanke will decide on the trajectory of monetary policy in India. In fiscal 2013, the Reserve Bank…
Month: July 2013
RBI may not hint at when it will roll back rupee measures
It is fairly certain that Tuesday’s monetary policy review, the last before the Reserve Bank of India (RBI) governor D. Subbarao steps down in September,…
Pratip Chaudhuri ko gussa kyoon aata hai?
State Bank of India(SBI) chairman Pratip Chaudhuri’s outburst in Kolkata on Wednesday against the Reserve Bank of India’s (RBI’s) latest liquidity tightening measures is unprecedented….
Has RBI really tightened gold import norms?
Has the Reserve Bank of India (RBI) tightened norms for gold imports to ease the pressure on the widening current account deficit? Or, has it…
Adding teeth to Sebi’s powers
India’s capital market regulator is now one of the most powerful such watchdogs in the world. The government’s silver jubilee gift to the Securities and…
A rate hike by stealth but measures are temporary
The Monday late evening Reserve Bank of India (RBI) action is nothing but a rate hike by stealth, that too by a whopping 3 percentage…
Who is a politically exposed Indian?
In June, the Reserve Bank of India (RBI) penalized three Indian private banks— Axis Bank Ltd , HDFC Bank Ltd and ICICI Bank Ltd —for…
Chidambaram rushes to do what Subbarao couldn’t
What Reserve Bank of India (RBI) governor D. Subbarao could not do through a series of rate cuts, India’s finance minister P. Chidambaram now wants…