RBI official

India plans to amend RBI Act by Feb to set up monetary panel: Official

The government plans to change the Reserve Bank of India Act before the end of the fiscal year so it can set up a new committee to direct the country`s monetary policy, retiring Finance Secretary Rajeev Mehrishi told Reuters.

Aug 31, 2015, 14:18 PM IST

Basel-III is a reinforcement of Basel-II: RBI official

Basel-III norms -- which will come into effect from March 31, 2019 -- was basically a reinforcement of the existing Basel-II, according to an RBI official.

Mar 21, 2015, 18:13 PM IST