Banking

May 25 (Reuters) - The Reserve Bank of India said on Friday it accepted both the bids for a total 10.05 billion rupees ($181 million) at its 3-day reverse repo auction through which it absorbs excess cash from the banking system. Earlier in the ...  

PRETORIA (Reuters) - South Africa's Reserve Bank left its repo rate unchanged at 5.5 percent on Thursday, as expected, saying global economic uncertainty was posing a downside risk to domestic growth while inflation had probably already peaked ...  

Mumbai, May 25 (PTI) The Reserve Bank today said there was an attempt to hack its website yesterday rendering it inaccessible for almost the entire day. "It was a DNS (Domain Name System) attack where the hacker tried entering the website from a single ...  

MUMBAI (Reuters) - The Reserve Bank of india is suspected to have sold dollars in spot markets via state-run banks to prevent the rupee from falling beyond the psychologically key 56-level, seven traders said on Friday. At 9:48 a.m., the ...  

MUMBAI: The Reserve Bank of India, RBI, and the finance ministry seem to have differences on the way banks should go about ensuring financial inclusion. While both the regulator and the ministry are passionate about providing banking services at ...  

Mussoorie, May 24 (PTI) To expand banking network in hilly areas, Reserve Bank today said it will consider relaxing policy guidelines to encourage banks to open more branches in Uttarakhand. "The Reserve Bank and the government, as the case may ...  

Moneycontrol.comRupee trouble: RBS says govt should be saviour, not RBIMoneycontrol.comAccording to Sanjay Mathur, the head of research and strategy at Royal Bank of Scotland, the rupee needs policy response from the government and not administrative controls or intervention from the Reserve Bank. “We need to see a response on the policy ...Rupee hits 56 versus dollar, Reserve Bank cautiousHindustan TimesRupee still in free fall, goes below...  

(The views expressed in this column are the author’s own and do not represent those of Reuters) With the return of inflation, there are doubts whether the Reserve Bank of India (RBI) will go in for the next cut in repo rate any time soon. In April ...  

The Reserve Bank of India has taken the right policy to check the rupee’s fall without being too aggressive about it, C Rangarajan, chairman of the Prime Minister’s Economic Advisory Council, told CNBC-TV18 in an exclusive interview on Wednesday.  

The Reserve Bank of India has proposed stringent norms on overseas direct investments (ODI ... According to sources, proposal mooted to be part of Foreign Exchange Management Act (FEMA) guidelines is made to avoid treaty shopping by local ...  

Net overnight rupee open position limit for Indian banks shall not include positions taken in the currency futures and options segment, the Reserve Bank of India said on Monday. Positions taken in the futures and options markets cannot be netted ...  

Q: What’s the observation been across Asian currencies today? Are you seeing any pullback across other ... Q: Sentiment from the money market has been impacting both equities and bonds. But if indeed the Reserve Bank goes ahead and makes ...  

MUMBAI (Reuters) - The rupee bounced back on Tuesday, retreating sharply from record closing lows hit on Monday, following steps taken by the RBI late on Monday to curb arbitrage and comments from a deputy RBI governor. The Reserve Bank of India ...  

MUMBAI (Reuters) - The Reserve Bank of India (RBI) will continue to take steps to stabilise the rupee, but the currency's direction will ultimately depend on capital flows, Subir Gokarn, a deputy governor at the central bank, said on Monday.  

Rahman said the Reserve Bank of India (RBI) would fund the swap initiative and the member countries would be given the loans in three installments on their demands. The Reserve Bank of India (RBI) will finance the swap arrangement finalised at the meeting ...