India Central Bank News

Latest India Central Bank News from Banking Industry Today

Emerging stocks fall 2.5pc, central banks act
16 May 15:12 GMT

… currencies fell heavily, forcing several central banks to intervene as investors fearing … US Federal Reserve and European Central Bank will soon announce plans for … Reserve Bank of India while Korea's central bank was also reported …
India rupee hits record low
16 May 15:08 GMT

… market concerns. The worries about India's outlook are overwhelming the Reserve Bank of India's ability to defend … is very hard for the central bank to turn the currency around … or sudden action by foreign central banks and/or G20 - will …
Rupee Sinks to Record Low as RBI Considers Action (Mumbai, India)
16 May 12:50 GMT

… ) 2012, Bloomberg News. MUMBAI, India — India's rupee fell to … Tuesday. The Reserve Bank of India is closely observing the … and will act if needed, central bank Deputy Governor H.R. Khan … 39;t identify, that the central bank may sell dollars directly to …
India Rupee Slump Almost Over, Seen Up Later in Year
16 May 12:30 GMT

… flows will plug the gap. Central Bank's Role The poll … that respondents expect a pro-active central bank in stemming the fall in … rupee. The Reserve Bank of India has intervened in recent months …
India Central Bankers Resigned to Weaker Rupee
16 May 12:30 GMT

India's central bank accepts that it is fighting … Bank of India can do little to check the fall, central bank officials … suggested the central bank should allow the rupee to depreciate. India's …
India Rupee Hits Record Low; Central Bank's Hand Tied
16 May 12:30 GMT

… currency intervention by the central bank and a rash of … sources said. The central bank, the Reserve Bank of India (RBI), will … Frequent currency intervention by the central bank would further sap rupee … sudden action by foreign central banks and/or G20 - …
55 to the dollar? Why India can't arrest its currency freefall
16 May 11:39 GMT

… said the Reserve Bank of India's efforts to curb … slide has not caught the central bank unawares. Last year, when the …
Worries for India rise as rupee hits record low
16 May 11:35 GMT

… and sentiment souring about India because of its ballooning … persistent interventions from the central bank, which has regularly bought … of financial stress. But India's domestic problems … seven percent, limiting the central bank's scope to …
India cbank: have to act even if inflation driven by food
16 May 07:53 GMT

… 16 (Reuters) - The Indian central bank's monetary policy … Bank of India's governor, said on Wednesday. The central bank in … prices remained at elevated levels. India's inflation accelerated in …
EU Advisor: Iran, India have to replace euro with other forex
16 May 05:14 GMT

… sanctions on Iran's Central Bank imposed on Jan.23and … as Iran demands. The Indian Central Bank has banned the deal … Turkish Bank will become impossible. India and Iran have several … members imposed sanctions on Iranian Central Bank, this country's …
India rupee slump almost over: poll
16 May 01:46 GMT

… February due to concerns about India’s current account and fiscal … that respondents expect a pro-active central bank in stemming the fall in … rupee. The Reserve Bank of India has intervened in recent months …
If Europe sneezes, India could catch a cold
15 May 19:55 GMT

… was followed by the European Central Bank infusing $1 trillion through … should India worry? If there is a meltdown in Europe, India … of European shocks to India would be multifaceted. Dhananjay … Based on the sensitivity analysis, India will continue to show …
India rupee slump almost over says poll
15 May 14:51 GMT

… policies need to emerge in India," said Paul Mackel, head … that respondents expect a pro-active central bank in stemming the fall in … rupee. The Reserve Bank of India has intervened in recent months …
What more can India do to support the rupee?Over the last week, the RBI directed exporters to sell half the foreign ...
15 May 13:27 GMT

… in the market by the central bank. Over the last week, … buy dollars from the central bank. This would reduce volatility … liability. SOVEREIGN OVERSEAS BOND India could issue sovereign bonds … . STAGGER IMPORT PAYMENTS The central bank could issue rules to …
India Shares Rise
15 May 12:07 GMT

BY RAGHAVENDRA UPADHYAYA MUMBAI – Indian shares rose Tuesday, ending five sessions of losses, on the back of bargain-buying by investors who picked up blue chips like Larsen & Toubro and Infosys, and as the central bank managed to check the local …
India to cut Iranian oil Imports 11 percent
15 May 11:49 GMT

… during a visit to New Delhi earlier this month that she … particular region of the world, India has been consciously trying to … business with Iran's central bank. Tehran says its nuclear program … Iran-Iraq war. Mr. Singh said India currently imports oil from …
India’s central bank ‘intervenes’ as rupee slides
15 May 10:47 GMT

… India's central bank likely intervened in foreign exchange … low, dealers said. India's Reserve Bank of India (RBI) is … economic growth. Traders say the central bank appears to have intervened to …
India bank intervention suspected as rupee slides
15 May 07:39 GMT

AFP - India's central bank likely intervened in foreign exchange … low, dealers said. India's Reserve Bank of India (RBI) is … economic growth. Traders say the central bank appears to have intervened to …
India Inflation Picks Up, Adds to Central Bank Headache
14 May 16:35 GMT

… picked up, adding to the central bank's struggle to control … Leif Eskesen, chief economist for India and Asean, HSBC, Singapore. … index (CPI) based inflation data, India still banks on wholesale … basis points to 8 percent. India's industrial output …
India Inflation Poses Dilemma for Central Bank
14 May 13:56 GMT

… ANANT VIJAY KALA NEW DELHI – Inflation in India rose above expectations in … for the nation's central bank as it tries to revive … for the nation's central bank as it tries to revive …
India’s Inflation Rate Outpaces Predictions
14 May 13:53 GMT

NEW DELHI — Inflation in India accelerated faster than expected in … items all rose, complicating the central bank’s efforts to curb rising … , Russia, India, China and South Africa. Last month, India’s central bank cut benchmark …

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