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    Reserve Bank of India

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    Reserve Bank of India Photos

    Indian policemen and security officials gather outside the Reserve Bank of India head office in Mumbai on April 2, 2013. A man carrying an airgun tried to forcibly enter the central Reserve Bank of India on April 2 but was overpowered by security guards and is now in police custody, the bank said.

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    Indian policemen and security officials gather outside the Reserve Bank of India head office in Mumbai on April 2, 2013. A man carrying an airgun tried to forcibly enter the central Reserve Bank of India on April 2 but was overpowered by security guards and is now in police custody, the bank said.

    Indian policemen

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    Indian policemen and security officials gather outside the Reserve Bank of India head office in Mumbai on April 2, 2013. A man carrying an airgun tried to forcibly enter the central Reserve Bank of India on April 2 but was overpowered by security guards and is now in police custody, the bank said.

    Indian policemen

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    An Indian farmer threshes wheat using cattle on his farm in the village of Purushwadi some 140 miles (220 kilometres) east of Mumbai on March 14, 2009. Inflation in India has dropped to close to zero, official data showed, as Asia's third-largest economy maintained a sharp slide towards deflationary territory. Inflation fell to 0.44 percent for the week ended March 7 from 2.43 per cent in the previous week, according to the Wholesale Price Index, the most watched cost-of-living measure. India's inflation rate has fallen from a 13-year high of 12.91 percent last August due to a slump in oil and other global commodity prices as well as the effects of the worldwide slowdown. The drop, driven by falling food and fuel costs, will lead to expectations of further interest rate cuts by the Reserve Bank of India (RBI), the central bank.

    An Indian farmer

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    Indian labourers fill wheat grain into a bag in the outskirts of Amritsar on April 20, 2010. India's central bank hiked short-term interest rates for the second time in a month April 20 to rein in 'worrisome' near double-digit inflation in Asia's third-biggest economy. The Reserve Bank of India raised the repo -- the rate at which it lends to commercial banks -- by 25 basis points to 5.25 percent and the reverse repo, the rate it pays to banks for deposits, by the same amount to 3.75 percent.

    Indian labourers

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    Indian labourers weigh a bag filled with wheat grain in the outskirts of Amritsar on April 20, 2010. India's central bank hiked short-term interest rates for the second time in a month April 20 to rein in 'worrisome' near double-digit inflation in Asia's third-biggest economy. The Reserve Bank of India raised the repo -- the rate at which it lends to commercial banks -- by 25 basis points to 5.25 percent and the reverse repo, the rate it pays to banks for deposits, by the same amount to 3.75 percent.

    Indian labourers

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    Indian labourers fill wheat grain into a bag in the outskirts of Amritsar on April 20, 2010. India's central bank hiked short-term interest rates for the second time in a month April 20 to rein in 'worrisome' near double-digit inflation in Asia's third-biggest economy. The Reserve Bank of India raised the repo -- the rate at which it lends to commercial banks -- by 25 basis points to 5.25 percent and the reverse repo, the rate it pays to banks for deposits, by the same amount to 3.75 percent.

    Indian labourers

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    A combine harvester works a wheat field in the outskirts of Amritsar on April 20, 2010. India's central bank hiked short-term interest rates for the second time in a month April 20 to rein in 'worrisome' near double-digit inflation in Asia's third-biggest economy. The Reserve Bank of India raised the repo -- the rate at which it lends to commercial banks -- by 25 basis points to 5.25 percent and the reverse repo, the rate it pays to banks for deposits, by the same amount to 3.75 percent.

    A combine harvester

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    A combine harvester works a wheat field in the outskirts of Amritsar on April 20, 2010. India's central bank hiked short-term interest rates for the second time in a month April 20 to rein in 'worrisome' near double-digit inflation in Asia's third-biggest economy. The Reserve Bank of India raised the repo -- the rate at which it lends to commercial banks -- by 25 basis points to 5.25 percent and the reverse repo, the rate it pays to banks for deposits, by the same amount to 3.75 percent.

    A combine harvester

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    In this photograph taken on January 24, 2012, the Reserve Bank of India (RBI) head office facade is pictured in Mumbai. India's inflation rate unexpectedly retreated to a more than three-year low last month, data showed on February 14, 2013, opening the door to more interest rates to revive a sharply slowing economy.

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    Reserve Bank of India (RBI) governor Duvvuri Subbarao smiles during a press conference in Mumbai on January 27, 2013. India's central bank-RBI, cut its main interest rates by 25 basis points, in its first reduction for nine months as it seeks to kick start the slowing economy.

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    Reserve Bank of India (RBI) governor Duvvuri Subbarao smiles during a press conference in Mumbai on January 27, 2013. India's central bank-RBI, cut its main interest rates by 25 basis points, in its first reduction for nine months as it seeks to kick start the slowing economy.

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    Reserve Bank of India (RBI) governor Duvvuri Subbarao speaks during a press conference in Mumbai on January 27, 2013. India's central bank-RBI, cut its main interest rates by 25 basis points, in its first reduction for nine months as it seeks to kick start the slowing economy.

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    In this photograph taken on January 27, 2013, Indian labourers work on a building in Mumbai. India's central bank cut its main interest rates by 25 basis points on January 29, 2012, in its first reduction for nine months as it seeks to kick start the slowing economy. The Reserve Bank of India (RBI) said the benchmark repo rate, at which it lends to commercial banks, would fall to 7.75 percent.

    In this photograph

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    In this photograph taken on January 27, 2013, Indian labourers work on a building in Mumbai. India's central bank cut its main interest rates by 25 basis points on January 29, 2012, in its first reduction for nine months as it seeks to kick start the slowing economy. The Reserve Bank of India (RBI) said the benchmark repo rate, at which it lends to commercial banks, would fall to 7.75 percent.

    In this photograph

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    In this photograph taken on January 27, 2013, Indian labourers work on a building in Mumbai. India's central bank cut its main interest rates by 25 basis points on January 29, 2012, in its first reduction for nine months as it seeks to kick start the slowing economy. The Reserve Bank of India (RBI) said the benchmark repo rate, at which it lends to commercial banks, would fall to 7.75 percent.

    In this photograph

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    Indian employees walk into the Reserve Bank of India (RBI) headquarters in Mumbai on January 29, 2013. India's central bank cut its main interest rates by 25 basis points, in its first reduction for nine months as it seeks to kick start the slowing economy.

    Indian employees

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    An Indian employee walks into the Reserve Bank of India (RBI) headquarters in Mumbai on January 29, 2013. India's central bank cut its main interest rates by 25 basis points, in its first reduction for nine months as it seeks to kick start the slowing economy.

    An Indian employee

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