Newly-constituted Monetary Policy Committee will make the process for setting key interest rates more transparent

India appoints three experts for RBI's Monetary Policy Committee

Officials have suggested that Rajan's replacement would be named in time enough for an orderly leadership handover

India finance minister: We'll let you know on RBI governor

The Bharatiya Janata Party leader also criticised the media of painting RBI chief Raghuram Rajan as 'some angel' and him as a 'devil'

The initial minimum paid-up voting equity capital for a bank should be Rs 500 crore

Among new orders, consumer goods saw the strongest pace of expansion, while export orders rose the fastest since January

An estimated 1 million bank staff are expected to strike work but treasury functions are likely to remain normal

According to a Reuters poll, consumer prices in June rose 5.73 per cent on an annual basis, a tad lower than May's 5.76

Three of them are veterans of the central bank, the fourth heads the country's largest bank

Reserve Bank of India governor Raghuram Rajan unexpectedly said he will step down in September

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