Search Results for: RBI\\\'s reserve

India Inc. raised $4.27 billion in external commercial borrowings during March quarter

The amount raised under the automatic route was $3.73 billion, while the rest was via the approval route, according to RBI data.

Apr 30, 2016

Yen posts biggest weekly gain since 2008, stocks slip

The yen hit an 18-month high on Friday as investors bet the Bank of Japan might be done adding stimulus to the economy.

Apr 30, 2016

ICICI Bank Q4 net profit plunges due to Rs. 6,926 crore provisioning

ICICI Bank's provisioning for bad loans includes exceptional provisioning of Rs. 3,600 crore, pulling its standalone net profit to Rs. 701.89 crore.

Apr 29, 2016

Sensex, Nifty gain despite Asian markets ending with losses

Sensex and Nifty rallied on crude oil prices hitting 2016 highs. Asian stocks closed lower ahead of policy decisions by the US Fed and Bank of Japan.

Apr 27, 2016

Set up committee to look into PSU banks' write-offs, SC asks govt

A public interest litigation highlighted huge differences in the write-offs reported by banks individually and the RBI.

Apr 26, 2016

J&K minister orders closure of a state corporation formed to facilitate employment for the youth

"It makes no sense to have an organisation doing absolutely nothing," said Jammu & Kashmir Minister for Finance Haseeb Drabu.

Apr 26, 2016

FDI inflows in India topped $51B in April-Feb FY16

India attracted $44.29 billion in foreign direct investments over the same period in 2014-15 and $46.55 billion in 2011-12.

Apr 25, 2016

India's forex reserves hit record high of $360.25 billion

The foreign exchange reserves of India rose $333.7 million in the week ended April 15, according to the RBI data.

Apr 22, 2016

Bandra Kurla Mumbai financial district business district

India dethrones China as world's top FDI destination: Report

India received $63 billion in foreign direct investments in 2015, against China's $56.6 billion, says a report by a Financial Times division.

Apr 22, 2016

Bank deposit growth rate in FY16 falls below five-decade low

Bank deposits grew 9.72 percent as on April 1, 2016, year-over-year, lower than the five-decade low of 9.9 percent as on March 18, according to the RBI.

Apr 21, 2016

RBI Governor Raghuram Rajan says no need to get hyper over India's growth rate

India needs to repeat this performance for the next 20 years to earn a decent livelihood for every Indian, Rajan said.

Apr 20, 2016

Indians sent $4 billion for students studying overseas in FY16

This is approximately 187 percent more than $1.32 billion in outward remittances for educational purposes in 2014-15.

Apr 19, 2016

Rajan says forex intervention to continue to reduce volatility

India will intervene in the currency market when there's a sustainable risk in global markets, Rajan said.

Apr 19, 2016

gold bars, gold prices, trump policies, strong us dollar, gold demand, gold consumption

Gold, silver prices rise on wedding-related purchases, global cues

Gold prices rose by Rs. 180 per 10 gm, while silver gained modestly to close at Rs. 38,700 per kg.

Apr 17, 2016

RBI Governor Raghuram Rajan hints at more rate cuts

In an interview with WSJ, Raghuram Rajan said the cuts would depend on further easing of inflation and a good monsoon.

Apr 16, 2016

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