Finance, Forex and Investments

India Central Bank Rbi News

Banks seek a pause in rate hike in the face of slowdown in demandMonday, July 18, 2011 @ 4:37PMBanks seek a pause in rate hike in the face of slowdown in demandBanks seek a pause in rate hike in the face of slowdown in demand

ING Vysya's net rises 36% in Q1, beats forecastMonday, July 18, 2011 @ 8:49AMPrivate sector lender ING Vysya Bank on Monday posted a forecast-beating 36% jump in net profit for the June quarter led by higher lending growth, fee income and better asset quality.

Headline inflation rises to 9.44% in JuneThursday, July 14, 2011 @ 4:36AMThe Hindu A file photo of a LPG bottling plant. Headline inflation rose to 9.44 per cent in June on the back of rising prices of fuel and manufactured products.

The Mehsana Urban Co-operative Bank Ltd penalisedThursday, July 14, 2011 @ 4:27AMMumbai, Jul 13 : The Reserve Bank of India has imposed a monetary penalty of Rs one lakh only on The Mehsana Urban Co-operative Bank Ltd, Mehsana, for violating different rules and regulations.

‘Govt, RBI working in tandem to bring down inflation to a comfortable level'Thursday, July 14, 2011 @ 4:21AMExpressing concern over rising inflation, the Finance Minister, Mr Pranab Mukherjee, has said both the Government and the central bank are working in tandem to bring it down to a comfortable level.

India Stocks Extend Gain as Inflation Climbs Less Than ForecastThursday, July 14, 2011 @ 4:18AMIndia’s benchmark stock index surged for the second day after the monthly inflation rate climbed less than forecast.

India's Inflation Quickens; Another Rate Rise ExpectedThursday, July 14, 2011 @ 2:12AMIndian inflation quickened in June, driven by higher prices of manufactured goods and fuel, adding pressure on the central bank to raise rates at its policy review later this month despite signs of slowing growth in Asia's third-largest economy.

May IIP growth below expectations at 5.6% y-o-yTuesday, July 12, 2011 @ 1:11AMIndustrial output grew 7.8 per cent in the 2010/11 fiscal year that ended in March, slower than 10.5 per cent clocked in the previous fiscal year.

Draft Microfinance Bill gives RBI total controlWednesday, July 6, 2011 @ 7:37PMDraft Microfinance Bill gives RBI total controlDraft Microfinance Bill gives RBI total control