By raising the repo rate 25 basis points (bps) to 8.25% on Friday to signal continuation of its anti-inflation stance, RBI is buying time on two contrasting variables — inflation and growth.
Section: Money | Saturday, September 17, 2011 8:00 IST
The RBI stipulated certain conditions for scheme of accounting and the eventual structure for the businesses to be acquired, an Axis Bank release said.
Section: Money | Saturday, July 23, 2011 6:00 IST
Listed firms can now write off up to 25% stake in overseas JVs and wholly owned arms; unlisted too can do it, but with prior nod.
Section: Money | Saturday, May 28, 2011 3:55 IST
The survey slashed the GDP growth forecast for 2011-12 (April-March) to a more modest 8.2% from 8.5% earlier while the average inflation forecast was raised sharply to 7.5% from 6.6% earlier.
Section: Money | Tuesday, May 3, 2011 3:00 IST
Effective April 20, reverse repo and repo rates have gone up by 25 basis points (bps) each to 3.75% and 5.25%, respectively.
Section: Money | Tuesday, April 20, 2010 13:35 IST
The tensions between fiscal and monetary policies, which many believe are temporary, may not melt away with economic recovery as expected, D Subbarao said.
Section: Money | Saturday, February 13, 2010 2:58 IST
Industrial growth rose to a 25-month high of 11.7% in November, compared with 10.3% in the previous month, while simultaneously, inflation sped to a 13-month high.
Section: Money | Tuesday, January 19, 2010 2:07 IST
Net interest income for the bank was Rs 1,349 crore, up 45% on year and around 17% sequentially, helped by a low base.
Section: Money | Saturday, January 16, 2010 2:34 IST
Bank of Baroda has received New Zealand regulatory approval for setting up a branch in that country.
Section: Money | Thursday, November 26, 2009 2:00 IST
Even the Reserve Bank of India has spared no time to reiterate its know-your-customer and anti-money laundering norms.
Section: Money | Saturday, November 21, 2009 2:52 IST
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