News: Bank of India Ltd (BOI.NS)
6 Dec 2013
MUMBAI, Dec 3 - India's central bank plans to introduce increased capital requirements by 2016 for banks regarded as too big to fail, and make them subject to greater regulatory oversight.
* Rupee ends at 62.93/94 per dollar vs 62.57/58 on Wednesday * Slowing FII inflows in stocks a concern * Fed minutes revive talk of stimulus tapering in December (Updates with details about RBI intervention in 7th graf) By Archana Narayanan MUMBAI, Nov 21 - The rupee faltered for a second consecutive day on Thursday to its lowest against the dollar in a week after Federal Reserve minutes hinted at stimulus tapering, sparking concerns about a renewed period of volatili
MUMBAI - The era of easy money for Indian banks may be coming to an end.
* Rupee hits two-mth low; bonds fall to 3-mth low during trade
* RBI expects WPI inflation to remain above current levels
MUMBAI - India's central bank raised interest rates for the second time in as many months on Tuesday, warning that inflation is likely to remain elevated despite sluggish growth, and rolled back an emergency measure put in place in July to support the rupee. | Video
MUMBAI, Sept 30 - India received $3.6 billion through the two concessional foreign exchange swap facilities as of Monday, said an official at the Reserve Bank of India (RBI), who declined to be identified.
MUMBAI, Sept 20 - Reserve Bank of India Governor Raghuram Rajan said on Friday that he was confident that the current account deficit could be financed this year without suffering a substantial drawdown in foreign exchange reserves.
Sept 20 - Reserve Bank of India Governor Raghuram Rajan surprised markets in his maiden policy review on Friday by raising interest rates to ward off rising inflation while scaling back some emergency measures put in place to support the rupee. Following are highlights from the monetary policy statement: POLICY MEASURES * Lowers marginal standing facility rate by 75 bps to 9.50 pct * Raises repo rate by 25 bps to 7.50 percent. * Reverse repo rises t