The Reserve Bank of India (RBI) lowered India's growth forecast for this financial year to 6.5% from 7.5%.
The Reserve Bank of Australia last week cut rates by half a percentage point.
The Reserve Bank of Australia raised interest rates by 25 basis points, to 6.25%.
The data would add pressure on the Reserve Bank of India to cut interest rates aggressively.
Mr Redican said more action will be required from the Reserve Bank of Australia.
In May the Reserve Bank appeared to promise the world a further rate rise down under.
They have also been pressuring the Reserve Bank of India to bring down borrowing costs.
Mr. Frank has now proposed that the Reserve Bank presidents be removed from the FOMC.
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The Reserve Bank of Australia did cut its interest rate by 0.25%, to 3.25%.
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The Reserve Bank of India (RBI) meets on 29 January to discuss interest rates.
The Reserve Bank of India (RBI) has lowered its key rate to 7.75% from 8%.
Starting a new bank requires a license from the Reserve Bank of India, which grants them sparingly.
Implied yields fell heavily as investors built-up expectations for an official monetary antidote from the Reserve Bank.
If all else fails, you can take it up with the regulator - the Reserve Bank of India.
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Moreover, the Reserve Bank has barred them from owning more than 5% of a domestic bank until 2009.
They want the Reserve Bank of India, the central bank, to stem a flourishing trade in dirty money.
Now the central bank, the Reserve Bank of India, is pushing them to stand on their own feet.
The Bank of England and the Reserve Bank of Australia both recently raised rates because of such concerns.
Earlier Tuesday, the Reserve Bank of Australia cut its benchmark interest rate to a record low 2.75%, from 3%.
On April 3, the Reserve Bank of Australia said it might cut rates if inflation doesn't become a problem.
Today the Reserve Bank slashed its growth forecast for the year from 3.25% for 2011 down to just 2%.
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The rate cut is the second since October and came after the Reserve Bank of Australia's monthly policy meeting.
He wants to lobby the Reserve Bank of India for a rupee derivatives market aimed at exporters and importers.
Nearly a quarter of the Reserve Bank's 35, 000 employees are engaged in counting, checking and replacing notes and coins.
The Reserve Bank of Australia became the first rich-country central bank to raise interest rates in this economic cycle.
The Reserve Bank of India (RBI), India's central bank, and the government have been praying that it will slow.
Yesterday, the Reserve Bank of India released its annual report ( pdf) revealing a huge drop in private investment.
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Despite recent measures by the Reserve Bank of India to support the currency, the Indian rupee continued to fall.
The Reserve Bank tries to cope by offering a sort of cash exchange.
Businesses have for months been calling on the Reserve Bank of India the central bank to cut rates to jump start growth.
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