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RBI cuts repo rate by 25 bps citing improved fiscal outlook after budget
Thu, Mar 05 2015. 01 00 AM

RBI cuts repo rate by 25 bps citing improved fiscal outlook after budget

RBI cites easing inflation pressures and quality of fiscal consolidation as reasons behind unscheduled rate review
Govt to push bank reforms, may encourage mergers
Mon, Mar 02 2015. 08 40 AM

Govt to push bank reforms, may encourage mergers

The government is also reviewing its practice of signing MoUs with banks at the start of the year
Budget 2015: Central bank as inflation slayer
Sun, Mar 01 2015. 01 35 AM

Budget 2015: Central bank as inflation slayer

Govt plans to amend RBI Act, create monetary policy framework targeting to keep consumer price inflation below 6%
RBI official warns companies of unhedged forex exposure
Sat, Feb 28 2015. 01 10 AM

RBI official warns companies of unhedged forex exposure

A fall in hedging is being seen in all emerging markets as they are enjoying stable exchange rates on steady capital flows from yield-chasing investors
Rules tweaked to let private sector officials head state-run banks
Fri, Feb 27 2015. 01 24 AM

Rules tweaked to let private sector officials head state-run banks

Panel approves criterion, method of selection in BoB, PNB, Bank of India, Canara Bank, IDBI Bank
Majority of RBI advisory panel weren’t in favour of rate cut on 3 February
Wed, Feb 25 2015. 06 34 PM

Majority of RBI advisory panel weren’t in favour of rate cut on 3 February

The central bank had pared its policy rate by 25 basis points to 7.75% only a fortnight back on 15 January
Are banks resorting to unfair practices to ensure forex hedging by small firms?
Wed, Feb 25 2015. 12 47 AM

Are banks resorting to unfair practices to ensure forex hedging by small firms?

Govt banks deny forcing SMEs to hedge, admit that rates charged for hedging could differ for different sizes of loans
PSU banks, unions settle on 15% wage hike; strikes called off
Tue, Feb 24 2015. 01 42 PM

PSU banks, unions settle on 15% wage hike; strikes called off

Employees will receive arrears from November 2012 without interest; every second, fourth Saturday to be holidays
Bank unions to meet on Monday to resolve wage hike issues
Sat, Feb 21 2015. 01 33 AM

Bank unions to meet on Monday to resolve wage hike issues

If there is no positive outcome from the meeting, the unions will go ahead with their four-day strike plan from 25 Feb
RBI to conduct liquidity operations on Saturdays too
Fri, Feb 20 2015. 03 00 PM

RBI to conduct liquidity operations on Saturdays too

The move is aimed at smoothening liquidity management operations

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