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Reserve Bank of India is expected to reduce its policy interest rate by 25 basis points in a policy review this month.
Apparently they think the inflation has slowed down.
Feels ridiculous to me. What do the you guys think ? Any finance whiz in here?
India Reserve Battalion shortly called as IRB is the very first battalion to be formed in the nation in the year 2005. The BST and CRPF offers training to the personnel of India Reserve Battalion, while some of the training are offered by the Assam Rifles. The main aim of IRB is to maintain...
<h1>Classification of Reserve Bank of India's Functions</h1>
The monetary functions also known as the central banking functions of the RBI are related to control and regulation of money and credit, i.e., issue of currency, control of bank credit, control of foreign exchange operations, banker...
accounting analysis
acquire machineries
analysis of itc
business decisions
classification
classification functions
classification rbis
conduct of its business
decisions investing
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issue stocks
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RBI had shown keen interest in agricultural credit and maintained a separate department for this purpose. RBI extended short-term seasonal credit as well as medium-term and long-term credit to agriculture through State level co-operative banks and land developments banks.
RBI had also set up...
Hi Guys :SugarwareZ-275:
Say you were the reserve bank govener for a country how would you address the following:
1) Inflation
2) Unemployment
Thanks !!!
The turbulent events in financial markets over the past week are sure to raise speculation that Federal Reserve chief Ben Bernanke gave Congress a nod or a wink about a rate cut as he pressed them to act swiftly to pass the $700 billion bailout of financial firms.
It will probably never be...
Hampton Roads banker appointed to Federal Reserve Board
... was later the banks comptroller and chief financial officer 1980s - 1983, received an MBA at Old Dominion University - helped found the Bank of Tidewater, where Duke rose ...
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Silver Reserve Corp. - New President Appointed
... member of the Board of Directors of Silver Reserve Corp. He has both an MBA and LLB. With nearly 8 years of experience in the mining industry as a ...
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OFHEO: GSE's Loan Loss/Capital Reserve Requirements To Change Housing Tracker
... purchase homes rose a seasonally adjusted 12.8%... Refinance applications made up 39.8% of all MBA mortgage activity ARMs accounted for 10.3% of all applications, up from 8.7%. ), Inc. ...
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IMF Gold reserve is worth $92 billion...
By Adrian Ash
Will the US Congress approve a sale of IMF gold to help shore up IMF finances? Gold prices now sit at all-time record highs. Whereas the International Monetary Fund (IMF) finds itself short of $400 million per year.
Can you guess what...
China launches national oil reserve centre
After a three year process China on today announced the setting up of a national oil reserve centre.
China started a state strategic oil reserve base program in 2004 as a way to offset oil supply risks and reduce the impact of fluctuating energy...
RESERVE BANK OF INDIA:
CONSTITUTION OF RBI
FUNCTIONS OF RBI
MONETARY POLICY OF RBI
WORKING OF INDIAN MONETARY
SYSTEM
RBI HISTORY:
• INAGURATED IN 1935 WITH A SHARE CAPITAL OF RS. 5 CR.
• THE GOVERNMENT OF INDIA HELD SHARES OF NOMINAL VALUE OF RS. 2,22,000.
• RBI...