No comment on 2nd term, cruel to spoil the fun the press is having: Rajan

Raghuram Rajan took over as RBI Governor in September 2013. Image: RBI governor Raghuram Rajan attends a news conference after their bimonthly monetary policy review in Mumbai. Photograph: Danish......

RBI pegs GDP growth at 7.4% in FY16

RBI expects the growth in the next fiscal to strengthen gradually, notwithstanding the significant headwinds. The Reserve Bank on Tuesday kept its growth projections for Indian economy unchanged at......

Affordable housing to get a boost with cheaper loans

Real estate developers have hailed the RBI's decision to cut key lending rate. Banks will be able to free more funds to lend for affordable housing as the Reserve Bank on Tuesday proposed to lower......

Inside Governor Rajan's mind

Proponents of early monetary easing are poised to be disappointed, notes Rajeev Malik It is a foregone conclusion that the Reserve Bank of India will keep the repo rate unchanged at its bimonthly......