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Monetary policy lost credibility between 2007 & 13 : Government Report

Monetary policy lost credibility between 2007 & 13 : Government Report

19 Dec 2014

New Delhi: In a scathing criticism of the RBI, covering the tenure of previous two governors, the mid-year economic analysis on Friday said that monetary policy lost its credibility between 2007 and 2013.

Monetary Policy,   Reserve Bank of India,   RBI,   Governor of RBI,   Raghuram Rajan,   Urjit Patel Committee,  
Bank of <strong>Maharashtra</strong> cuts minimum lending rate to 10.25 percent

Bank of Maharashtra cuts minimum lending rate to 10.25 percent

11 Dec 2014

New Delhi: State-run Bank of Maharashtra on Thursday announced a cut of 0.15 percentage point in its minimum lending rate or base rate to 10.25 percent, a move which will make its housing and auto loan cheaper.

Bank of Maharashtra,   BoM minimum lending rate,   BoM base rate,   housing loan,   auto loan,   BSE,   RBI Governor,   Raghuram Rajan,   Wholesale Price Index,   Consumer Price Index,   BoM shares,  
Tata Power commissions wind farm in <strong>Maharashtra</strong>

Tata Power commissions wind farm in Maharashtra

16 Dec 2014

New Delhi: Private power utility Tata Power on Tuesday announced commissioning of the remaining 8 MW of the 32 MW wind farm at Girijashankarwadi in Maharashtra. "With this commissioning, Tata Power’s total wind generation capacity stands at 470.6 MW," the company said in a statement. The wind farm is expected to generate approximately 62 million units (MUs) per year which will be procured by Tata Power-Distribution towards fulfilment of its Renewable Purchase Obligations (RPO).

Tata Power,   Wind farm,   Maharashtra,   Girijashankarwadi,  TPREL,  
Infrastructure loans: RBI eases norms to give more flexibility to banks

Infrastructure loans: RBI eases norms to give more flexibility to banks

15 Dec 2014

Mumbai: To revive stalled plans and help banks tide over mounting bad loans, the RBI on Monday eased norms for structuring of existing long-term project loans to  infrastructure and core industries.

RBI,   Reserve Bank of India,   Project loans,   Infrastructure,   Core industries,   RBI Governor,   Raghuram Rajan ,  
RBI to wait for "clearer read" before cutting rates in Q2 2015

RBI to wait for "clearer read" before cutting rates in Q2 2015

15 Dec 2014

New Delhi: The Reserve Bank of India is likely to cut policy rates by 50 basis points starting from the second quarter of 2015, as base effects for industrial production and inflation normalise over the coming months, a report says.

RBI policy rates,   Reserve Bank of India,   second quarter of 2015,   inflation normalise,   HSBC,   RBI Governor,   Raghuram Rajan,  
Regulators' job is not to boost Sensex, says RBI chief

Regulators' job is not to boost Sensex, says RBI chief

13 Dec 2014

New Delhi: Unfazed by criticism that central bank is keeping interest rates high, RBI Governor Raghuram Rajan said the role of regulators is not to boost the Sensex.

Central bank,   Interest rates,   RBI Governor,   Raghuram Rajan,   Sensex,  
RBI to release norms for single authentication in a month:Deputy <strong>Governor</strong>

RBI to release norms for single authentication in a month:Deputy Governor

08 Dec 2014

New Delhi: To make online transactions easier, the Reserve Bank will soon come out with single authentication  payment norms for low value e-commerce transactions without any compromise on security.

Reserve Bank of India,   RBI,  RBI Deputy Governor,   H R Khan,  Governor Raghuram Rajan,  
Motor insurance: <strong>Maharashtra</strong> tops in share, Gujarat in growth

Motor insurance: Maharashtra tops in share, Gujarat in growth

10 Dec 2014

Mumbai: Maharashtra has the highest share -- over 16 per cent -- in the motor insurance premium (own damage category) of about Rs 17,098 crore collected as of 2012-13 in the country, whereas Gujarat tops in terms of annual growth rate, an Assocham study said.

Maharashtra,   Gujarat,   Assocham,   Tamil Nadu,   Karnataka,   Uttar Pradesh,   Bihar,   Madhya Pradesh,  Himachal Pradesh,   Motor insurance,  
Bank of <strong>Maharashtra</strong> to raise up to Rs 1,000 crore via tier-I bonds

Bank of Maharashtra to raise up to Rs 1,000 crore via tier-I bonds

12 Dec 2014

New Delhi: Public sector lender Bank of Maharashtra will raise up to Rs 1,000 crore by issuing Basel III-compliant Tier-I bonds.

Bank of Maharashtra,   S Munthot,   Bombay Stock Exchange,   BSE,   ,  
Uber complying with RBI norms, says Deputy <strong>Governor</strong> HR  Khan

Uber complying with RBI norms, says Deputy Governor HR Khan

08 Dec 2014

New Delhi: The Reserve Bank on Monday said US-based controversial cab operator Uber is complying with the Central bank norm with regard to payment systems.

RBI norms,   Uber,   rape case in Delhi,   uber cab ,  

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