The Reserve Bank of India on 13.10.2014 placed on its website a Working Paper titled “Analytics of Food Inflation in India” under the Reserve Bank of India Working Paper Series*. This paper is written by Thangzason Sonna, Dr. Himanshu Joshi,…
Category: RBI
Ministry of Finance to Implement New Monetary Policy by New Year
Ministry of Finance has announced a new monetary policy framework to be put in place by the New Year. Details have not yet been finalized but will be confirmed by the end of December in order to be included in…
Forex reserve went down for 5th week by $2.75 billion: RBI
Continuing its downward trend for the fifth consecutive week, the foreign exchange reserves went down by $2.754 billion to $311.427 billion in the week to October 3, led by a major fall in non-US currency assets, according to data released…
RBI may allow FIIs to buy more government bonds in two years
The Reserve Bank may look at lifting cap on foreign holding of government debt in two years, once the economy has reached its potential growth rate, Governor Raghuram Rajan has said. “The RBI will remove limits on foreign participation in the…
RBI’s clarification on free transactions at other bank ATMs
The Reserve Bank of India on Friday clarified that the total number of free-of-charge transactions (inclusive of both financial and non-financial) at other bank ATMs would continue to remain at five a month if the transactions are carried out at…
RBI releases its Monthly Bulletin for October 2014
The Reserve Bank of India today released the October 2014 issue of its monthly Bulletin. The Bulletin includes four special articles: 1. Monthly Seasonal Factors of Selected Economic Time Series: 2013–14; 2. Performance of the Private Corporate Business Sector, 2013–14;…