'We Are Always Watchful. We Will Be Nimble'

'We will be very, very proactive in providing whatever liquidity requirements are needed.' IMAGE: RBI Governor Sanjay Malhotra addresses a post-monetary policy press conference in Mumbai, February......

RBI may cut interest rate by 25 bps on Feb 7

The RBI is likely to reduce the key interest rate by 25 basis points this week after keeping it on hold for two years, complementing the Union Budget initiatives to push consumption-led demand,......

Coop Bank Faces RBI Curbs, Depositors Panic

Account holders of the New India Co-operative Bank woke up to a rude shock on Friday morning, after the Reserve Bank of India's bar on withdrawal of funds came into effect. The order was issued on......

Nifty Indices Rebalance Begins

The changes will take effect on March 28, with portfolio adjustments expected before the market closes on March 27. Illustration: Dominic Xavier/Rediff.com   The rebalancing of the Nifty 50......

Banking system liquidity surplus touches Rs 1 trn, shows RBI data

While liquidity in the banking system has turned surplus in the last few weeks, it could go back to deficit again, mainly due to corporate advance tax outflows. Illustration: Uttam......