Tuesday, September 23, 2014 2:20 AM EST

RBI

The Reserve Bank of India (RBI, Hindi: भारतीय रिज़र्व बैंक) is the central banking system of India and controls the monetary policy of the rupee  as well as 287.37 billion US-Dollar (2009) currency reserves. The institution was established on 1 April 1935 during the British-Raj in accordance with the provisions of the Reserve Bank of India Act, 1934 [1]  and plays an important part in the development strategy of the government.

Articles About RBI

Titanfall
Xbox One Gaming Updates: Titanfall’s Possible DLC Modes, Ghosts’ Newest Fixes and New ID@Xbox Titles Revealed

By IBTimes AU

Xbox exclusive “Titanfall” may have some upcoming modes hidden in its codes. Meanwhile the Xbox One version of “COD: Ghosts” is getting a few tweaks with an update. The indie-friendly lineup of games from ID@Xbox this week has also been revealed. (Jul 03)

MORE TOPICS: SONY

Robinson Cano Helps Seattle Marines Win Over NY Yankees

By IBTimes AU

Robinson Cano made a successful return in the Yankees Stadium, as he drove one run to help the Seattle Mariners take a 6-3 win over the NY Yankees on Tuesday. (Apr 30)

Workers pour melted copper in a mould to make utensils and accessories inside a workshop in Srinagar.
India's Growth Prospects Dim Regardless of Election Outcome - Reuters Poll

By Reuters

Prospects for a strong economic rebound in India are dim as industry remains weak, and although a business-friendly opposition party looks likely to form a new government, its ability to pass sweeping reforms is in doubt, a Reuters poll showed. (Apr 27)

MORE TOPICS: CHINA, STANDARD CHARTERED BANK, RETAIL, INDIA, INVESTMENT

Higher Food Costs Probably Pushed Inflation up in March
Higher Food Costs Probably Pushed Inflation up in March

By Reuters

Inflation in India is expected to have edged up on higher food costs in March, snapping a three-month easing trend that will give the Reserve Bank of India (RBI) less scope to support the economy amid fresh signs of slowdown. (Apr 15)

MORE TOPICS: RETAIL, ELECTIONS, INDIA, INVESTMENT, CONGRESS

Post-election Showdown Looms for Raghuram Rajan
Post-election Showdown Looms for Raghuram Rajan

By Reuters

India's high-profile RBI governor is likely to come under political pressure to retreat from his hawkish stance on inflation if opposition leader Narendra Modi wins power in the general election. (Apr 04)

MORE TOPICS: INDIA, INTERNATIONAL MONETARY FUND, ICICI, CONGRESS

Rupee at 55/dollar 'would be too strong' - Rajan

By Reuters

Reserve Bank of India Governor Raghuram Rajan said the rupee at 55 to the dollar would be too strong, the Mint newspaper reported on Thursday, a day after the rupee touched an eight-month high. (Apr 03)

MORE TOPICS: INDIA

A worker cleans the stairs of the Reserve Bank of India (RBI) building in Kolkata December 18, 2013.
RBI Grants IDFC, Bandhan Financial Bank Licences

By Reuters

The Reserve Bank of India (RBI) on Wednesday granted two preliminary licenses to set up new banks in a country where only one household in two has access to formal banking services. (Apr 03)

MORE TOPICS: RETAIL, ELECTIONS, INDIA

A bronze bull sculpture is seen outside the Bombay Stock Exchange (BSE) building in Mumbai, in August, 2013 (Reuters).
BSE Sensex Touches New Life High above 22,500

By Reuters

The BSE Sensex hit a record high for an eighth consecutive session as potential bank licence candidates such as IDFC Ltd(IDFC.NS) surge after the Election Commission allowed the Reserve Bank of India to announce new bank licences before the outcome of general elections set to conclude next month. (Apr 02)

MORE TOPICS: ELECTIONS, INDIA, ICICI

A labourer carries a sack filled with cabbage to load it onto a supply van at a vegetable wholesale market in Chennai on 14 February, 2014.
Economic Data Likely to Point to Weak Growth, High Inflation

By Reuters

Consumer inflation and industrial output data on Wednesday will likely offer little evidence of a respite from high inflation and weak economic growth before a general election that begins next month. (Mar 12)

MORE TOPICS: GDP, RETAIL, INDIA, INVESTMENT, CONGRESS

P. Chidambaram
Government to Set up Inflation Target, RBI to Implement - Chidambaram

By Reuters

The government has the right to set the country's inflation target, while the Reserve Bank of India's (RBI) role is to implement the decision, Finance Minister P. Chidambaram said in a joint news conference with the RBI governor. (Mar 08)

MORE TOPICS: RETAIL, ELECTIONS, INDIA, CONGRESS