”reserve requirements” News

In bleak forecast, IMF sees major downturn

WASHINGTON (Reuters) - The International Monetary Fund, in its bleakest forecast in years, said on Wednesday the world economy was set for a major downturn with the United States and Europe either in or on the brink of recession.
10 9 2008 4:02AM (...more)

Indian rate-hike cycle in last lap, say economists

MUMBAI (Reuters) - The Reserve Bank of India (RBI) is expected to raise interest rates by another 25-50 basis points for the remainder of 2008 as it grapples with inflationary pressures, before softening rates early next year, economists said.
09 2 2008 9:10AM (...more)

Beyond the Bailouts

The week began with a late Sunday announcement that the Treasury Department and the Federal Reserve would allow Lehman Brothers Holdings Inc ., the fourth- largest Wall Street investment house , to go bankrupt.
09 23 2008 2:17PM (...more)

U.S. life insurers denied looser capital requirements

NEW YORK (Reuters) – State insurance regulators voted against a proposal to loosen capital requirements for the battered life insurance industry .
02 2 2009 3:30PM (...more)

RBI holds rates, asks banks to pass on easing

MUMBAI (Reuters) – The Reserve Bank of India (RBI) left its key interest rates steady on Tuesday, saying banks still had to pass on the benefits of previous cuts,
01 29 2009 3:56AM (...more)

GCC summit eyes common currency

CAIRO, Egypt – In a gathering marred by Israeli attacks on Gaza and pressured by the ailing world economy, leaders of the six Gulf Arab nations are gearing up for a summit in
12 29 2008 7:31AM (...more)

Inflation falls, deep interest rate cuts seen

NEW DELHI (Reuters) – Indian inflation fell to a nine-month low in mid-December, helped by cheaper fuel and lower factory taxes, and analysts saw it diving to around 2 percent by March, freeing the Reserve Bank to cut rates deeply. India 's
12 27 2008 1:11AM (...more)

Inflation to fall further, stimulus not over

NEW DELHI (Reuters) – India's inflation rate will fall further and with the global slowdown likely to spill into the next financial year, there may be a need for more fiscal
12 22 2008 6:01PM (...more)

Russia cuts bank reserve requirements

Russia's central bank is to lower minimum reserve requirements for banks from Thursday as it battles a growing liquidity squeeze in the Russian banking system following the US subprime crisis.
10 11 2007 7:24AM (...more)

Govt not to decide on stimulus exit yet - Pranab Mukherjee

NEW DELHI (Reuters) – India needs more time before deciding on an exit from accommodative policy, Finance Minister Pranab Mukherjee said on Wednesday amid
10 8 2009 11:08PM (...more)