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Thin line in motive for open market operations: Subbarao 01 February 2012
When central banks conduct open market operations (OMOs) driven by a need to provide liquidity to support government borrowing or reduce yields rather than for liquidity management, it "becomes a case of acquiescence in fiscal dominance," India's central bank chief...
Keywords: liquidity management, Governor Duvvuri Subbarao, Governor Duvvuri Subbarao, Control over financial stability
Read MoreRBI Governor Subbarao : all applicants cant be bestowed bank licences! 04 July 2013
The Reserve Bank Of India (RBI) Governor Duvvuri Subbarao announced on Thursday that every companies who possess eligibility that have applied for bank licences will be bestowed one. Beforehand this week, the RBI said it had received 26 applications for...
Keywords: indian central bank, rbi governor duvvuri subbarao, indian central bank, national news headline
Read MorePlastic currency to take over? 09 May 2013
So far only bank cards are called plastic currency. Now the term is going to extend to currency too. Reserve Bank of India is going to replace the present currency with plastic currency gradually in stages. On an experiment basis,...
Keywords: Plastic currency, Indian Currency, Reserve Bank of India replaces present currency with Plastic currency, Plastic currency in India
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