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'Careful' management of demand vital for Make in India: Raghuram Rajan

'Careful' management of demand vital for Make in India: Raghuram Rajan

25 Apr 2015

Chandigarh: Reserve Bank Governor Raghuram Rajan on Friday said for the success of Make in India domestic demand needs to be managed 'carefully' and industry should be made competitive, while stating that economic security is a must for national security.

Make in India,   Raghuram Rajan,   Reserve Bank Governor,   RBI,   Make in India programme,   Latest business news,  
<strong>RBI</strong> directs banks to strictly follow 'Mandatory Leave' <strong>policy</strong>

RBI directs banks to strictly follow 'Mandatory Leave' policy

23 Apr 2015

Mumbai: Coming down heavily on banks for not implementing mandatory leave policy effectively, the Reserve Bank on Thursday said that employees posted at sensitive areas are required to compulsorily avail leave of about 10 days in a single spell every year.

Banks,   Mandatory leave policy,   Bank leave,   Reserve Bank,   RBI rules,   Banking rules,   Bank holidays,   Bank employees,  
Farmer suicides 'complicated' issue, formal finance is key: <strong>RBI</strong>

Farmer suicides 'complicated' issue, formal finance is key: RBI

24 Apr 2015

Chandigarh: Cautioning against taking farmer suicides "lightly", RBI Governor Raghuram Rajan on Friday said small and marginal farmers across the country should have access to formal financing.

farmer suicides,   RBI Governor,   Raghuram Rajan,   Small farmers,   Farmer loan,   Crop loss,  
Tax exemption for donation to <strong>Clean</strong> Ganga Fund: Centre

Tax exemption for donation to Clean Ganga Fund: Centre

23 Apr 2015

New Delhi: Donations made by individuals to the Clean Ganga Fund would be eligible for income tax exemption as per the Finance Bill 2015, Lok Sabha was informed on Thursday.

Donations,   Clean Ganga Fund,   Income tax exemption,   Finance Bill 2015,   Lok Sabha ,  
<strong>RBI</strong> revises priority sector norms, includes more categories

RBI revises priority sector norms, includes more categories

23 Apr 2015

Mumbai: The Reserve Bank on Thursday revised priority sector lending norms, asking banks to give 8 per cent of the total credit to small and marginal farmers.

Reserve Bank,   Priority sector,   Lending norms,   Banks,   Farmers loan,  
Supreme Court seeks government response on Army unit's promotion <strong>policy</strong>

Supreme Court seeks government response on Army unit's promotion policy

23 Apr 2015

New Delhi: The Supreme Court on Wednesday asked the government to spell out whether it has cleared the Army's promotion policy to have a combat unit commanded by a colonel at the age of 37 years who will exit after commanding the unit for two and a half years.

Supreme Court,   Indian government,   Army promotion policy,   Armed Forces Tribunal,   promotion of Army personnel,   latest India news,   latest news,  
<strong>RBI</strong> nod for different rates on deposits with early withdrawal

RBI nod for different rates on deposits with early withdrawal

16 Apr 2015

Mumbai: The Reserve Bank on Thursday allowed banks to offer differential interest rates on term deposits depending on whether they are with or without premature withdrawal facility.

RBI,   Reserve Bank of India,   Deposits,   Premature withdrawal,   Monetary Policy,   Interest rates,   Latest Business,  
HDFC cuts home loan rates for women to match rivals' offerings

HDFC cuts home loan rates for women to match rivals' offerings

23 Apr 2015

Mumbai: Mortgage major HDFC on Thursday offered home loans to women borrowers at 9.85 percent, to make its loan pricing at par with that of rivals State Bank of India and ICICI Bank.

HDFC,   Home loan rates,   Loan for women,   SBI,   ICICI Bank,   RBI,   Raghuram Rajan,  Latest Business News,  
India struggles to woo retail investors to government bonds

India struggles to woo retail investors to government bonds

23 Apr 2015

Mumbai: The Reserve Bank of India's move this month to allow retail investors to buy government bonds has so far failed to lure savers, throwing into question efforts to deepen the country's debt markets and help cushion them from global volatility.

Retail investors,   Government bonds,   Reserve Bank of India,   RBI,   Debt markets,   Small investors,   Latest Business News ,  
Sensex closes flat; as <strong>RBI</strong> maintained <strong>policy</strong> rates

Sensex closes flat; as RBI maintained policy rates

07 Apr 2015

Mumbai: A benchmark index of Indian equities markets, the 30-scrip BSE Sensitive Index (Sensex), provisionally closed Tuesday's trade flat -- up 12 points or 0.04 percent.

Sensex closes,   RBI policy rates,   BSE,   NSE,  

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