Indian Express (Free subscription) | yesterday
The Reserve Bank of India governor, D Subbarao, who is going to announce a slew of stimulus measures to revive growth, pointed out that while the regulatory regimes were tailored to address institutional failures, they were not equipped to address systemic failures.
Hindu (Free subscription) | yesterday
News: | | | | | | | | | | | | | | Advts: | | | | Impact of global meltdown stronger on India: Subbarao Special Correspondent The challenge is to ensure balance between inflation and growth Wholesale, consumer price indices need to be watchedFiscal policy is an important instrument to stimulate demand HYDERABAD: The impact of global financial crisis on India is stronger than expected but it will...
Indian Express (Free subscription) | yesterday
Inflation fall gathers speedEconomy BureauPosted: 2008-12-05 01:41:16+05:30 ISTUpdated: Dec 05, 2008 at 0141 hrs ISTRelated ArticlesNew Delhi: Inflation fell sharply by 44 basis points to 8.4% for the week ended November 22 as commodity prices declined and demand slowed. In anticipation of a rate cut by the Reserve Bank of India (RBI) and fiscal stimulus package from the government, the country’s major...
The Telegraph India (Free subscription) | yesterday
... repo rate. At present, they stand at 7.50 per cent and 6 per cent, respectively. RBI governor D. Subbarao will be meeting the press on Saturday. Repo is the rate at which the RBI lends to banks, while reverse repo is the rate at which banks lend to the central bank.France unveiled a 26-billion-euro ($32.9 billion) stimulus plan for its faltering economy as unemployment rose — the latest...
Daily News Analysis (Free subscription) | 03/12/2008
Prices jumped to a 3-year highMUMBAI: Indian bond prices rose to a three-year high as traders went on a buying spree on expectations of a cut in interest rates by the Reserve Bank of India. The 10-year 6.78% 2018 bond rose to Rs 109.99 on Wednesday. Expectations of a repo cut increased after reports of a high-level meeting in Delhi. The meeting is said to have discussed, among other things, the possibility...
India eNews (Free subscription) | 02/12/2008
... Planning Commission Deputy Chairman Montek Singh Ahluwalia and Reserve Bank of India Governor D. Subbarao.Manmohan Singh, who constituted the group, took charge of the finance portfolio after shifting its incumbent P. Chidambaram to the home ministry Sunday. The move came after the resignation of Shivraj Patil as home minister in the wake of the terror attacks.'There were detailed deliberations,'...
NHatky (Free subscription) | 30/11/2008
ICICI Bank Managing Director and CEO KV Kamath has recently issued a statement, that the terror attacks in Mumbai will impact capital flows in the short term, “FDI inflows will be affected for a short period but things will be back to normal soon,” said Kamath on the sidelines of a bankers’ meet with Reserve Bank of India (RBI) Governor D Subbarao.
Indian Express (Free subscription) | 28/11/2008
Liquidity and liberalising the norms for financing to the small and medium enterprises are likely to be discussed when a delegation comprising heads of some of the large commercial banks meet the Reserve Bank of India governor, D Subbarao.
Indian Express (Free subscription) | 29/11/2008
... may not be possible. According to bankers who were present at an interaction with RBI governor D Subbarao, the RBI may consider some demands of the SMEs but some may not be acceptable. In other words, too much diluting of the regulatory norms may not be possible, said the bankers. Three deputy governors of the central bank, out of four, were present on the occasion. The export-oriented SMEs...
India eNews (Free subscription) | 28/11/2008
... Minister Manmohan Singh, Finance Minister P. Chidambaram and Reserve Bank of India (RBI) Governor D. Subbarao have projected the Indian economy to expand by 7-8 percent during the current fiscal year ending March 31, 2009.The main reason for the fall in the overall economic expansion during the period under review (July-September, 2008) was a low, 5-percent growth in the manufacturing sector,...
