Browsing Tag
RBI
345 posts
RBI announce Rs 35K cr G-sec Acquisition Programme
Mumbai: The RBI on Wednesday announced the second tranche of Open Market Purchase of Government of India Securities…
RBI flags major concerns over cryptocurrency
Das was of the view that there is no difference of opinion between the RBI and the Centre on cryptocurrency.
RBI allows settlement files of payment systems on all days of year
Mumbai: The RBI has proposed to allow settlement files of payment systems viz., AePS, IMPS, NETC, NFS, RuPay,…
RBI gives liquidity boost but retains lending rates, gives optimistic outlook
“Additionally, the decision to operationalise the co-origination model is right as it brings the best of banks and NBFCs together. This will surely increase the reach of the financial sector at such a critical point.”
Fake currency notes worth Rs 1 crore deposited in RBI
Fake currency notes worth Rs one crore have been deposited in various banks which then deposited the same…
Don’t declare any account not in default till Aug 31 as NPA: SC
In an interim relief to borrowers, the Supreme Court on Thursday directed banks not to declare loan accounts,…
Petitioners in SC say interest on interest in moratorium is double whammy
The Supreme Court on Wednesday observed that there is no dearth of power with the RBI, as the petitioners’ counsel…
No nod to WhatsApp to go live on full scale UPI ops: RBI
WhatsApp had already informed the top court that it would not roll out its payment service without full compliance with the norms.
RBI hasn’t released currency notes of Rs 5000 and Rs 350 or any new coins
To conclude, RBI hasn’t released currency notes of Rs. 5000 and Rs. 350. It has also not released any new notes of value Rs. 5, Rs. 2 in recent times.
RBI to conduct special ”Open Market Operations” to pump up liquidity
The operation is likened to the Federal Reserve's ''operational twist'' -- which involved swapping short-term treasury securities for long-term government debts conducted in 2011-12.
RBI enhances PMC Bank withdrawal limit to Rs 1 lakh
HDIL, in collusion with PMC Bank executives, created thousands of fake customer accounts to re-route funds to itself.
SC seeks Centre, RBI reply on levying interest charges during moratorium
New Delhi, May 26 : The Supreme Court on Tuesday issued notice to the Centre and Reserve Bank…
RBI comes out with ‘Special Liquidity Facility’ for MFs
Mumbai, April 27 (IANS) To ease liquidity pressures on Mutual Funds, the Reserve Bank of India on Monday…
RBI to conduct TLTRO worth Rs 25k crore on Friday
Mumbai, April 15 (IANS) In a bid to ease the liquidity strain caused due to Covid-19 outbreak and its…
COVID-19: RBI offers more sops to ease compliance burden
New Delhi, April 1 (IANS) The Reserve Bank of India has announced new measures to ease the compliance…
India’s forex reserves plunge by $5.34 bn
Mumbai, March 21 (IANS) India’s foreign exchange reserves plunged by $5.34 billion during the week ended March 13.…
Will add liquidity if needed, RBI assures Yes Bank depositors
Mumbai, March 16 (IANS) Describing the reconstruction scheme for Yes Bank as credible and sustainable, Reserve Bank of…
New rules for debit and credit cards kick in from Monday
New Delhi, March 15 : The new rules for debit and credit cards to increase security and reduce…
Former SBI CFO Prashant Kumar named administrator of Yes Bank
Prashant Kumar, ex-DMD & CFO of SBI appointed as the administrator.
RBI keeps repo rate unchanged at 5.15%
Mumbai, Feb 6 (IANS) The Reserve Bank of India on Thursday kept the benchmark rate of interest unchanged…
RBI cancels Vodafone m-pesa’s certificate of authorisation
Mumbai, Jan 21 : The Reserve Bank of India on Tuesday cancelled the Certificate of Authorisation (CoA) of…
FM Sitharaman may push for Rs 30K cr interim dividend from RBI to meet low revenue generation, slowdown
The government is fighting a six year low growth, subdued demand and consumption leading to projections of 5 per cent growth in current fiscal which is an 11 year drop.
RBI rejigs Dy Guv portfolios, Patra heads monetary policy wing
The departments of currency management, information technology and foreign exchange will be looked after by B.P. Kanungo.
Banks’ exposure to sensitive sectors up at 23.5%: RBI
Mumbai, Dec 25 : Banks’ exposure to sensitive sectors that comprise capital market, real estate and commodities edged…
RBI’s ‘operation twist’, Jharkhand results to sway indices
Mumbai, Higher liquidity inflows on the back of the Reserve Bank’s ‘operation twist’ along with Jharkhand Assembly election…
RBI just a rate cut away from post Lehman lending rate
Mumbai: When the RBI governor announces the decision of Monetary Policy Committee today all eyes would be on…
RBI imposes penalty on three co-operative banks
Mumbai: The Reserve Bank of India on Tuesday penalised three cooperative banks — Nesargi Urban Co-operative Bank Limited,…
More banks could disclose divergence, 3 PSU banks report
New Delhi, Nov 2 () Within days of market regulator asking the listed PSU banks to report divergence…
More banks could disclose divergence, 3 PSU banks report
New Delhi, Nov 2 : Within days of market regulator asking the listed PSU banks to report divergence…
Govt could raise deposit guarantee limit from Rs 1 lakh: Sitharaman
New Delhi, Oct 14 : Finance Minister Nirmala Sitharaman on Monday said that she is closely monitoring the…
Private consumption slows, Indian economy seen ‘fraught with risks’
New Delhi, Oct 12 The Indian economy, which has been witnessing slowdown over last few quarters, is likely…
RBI fixes coop banks’ daily reporting system post PMC fraud
Mumbai, Oct 12 The Reserve Bank of India on Friday has changed the daily reporting system at cooperative…
RBI rejects India Bulls-Lakshmi Vilas Bank merger
Mumbai, Oct 9 : The Reserve Bank of India on Wednesday rejected the merger of Lakshmi Vilas Bank…
RBI reduces key lending rate by 25 bps; maintains accomodative stance
Mumbai: To reverse the consumption slowdown and shore-up growth, the Reserve Bank of India on Friday reduced key…
Congress slams RBI transferring Rs 1.76 lakh cr to govt
Delhi: A day after the Reserve Bank of India’s (RBI) Central Board accepted the Bimal Jalan panel recommendations and…
RBI to transfer Rs1.76 Lakh Crore to Modi government
New Delhi, Aug 27: Accepting the recommendations of Bimal Jalan Committee, the Reserve Bank of India (RBI) will…
Govt prevails over RBI to release Rs 176,000-cr surplus
New Delhi, Aug 26 (IANS) On Monday, the government won and the RBI lost in what turned out…
IL&FS did not disclose NPAs for 4 years: RBI
New Delhi, Aug 21: The IL&FS had not disclosed any NPAs for the last four years, the Reserve…
Refrain from nudging lenders to pump-prime economy: Urjit Patel
Temptation to reset 'back to the past' should be eschewed.
RBI’s ECF panel to meet later this month: Jalan
New Delhi, July 1 RBI’s Economic Framework Panel will meet sometime in mid July to finalise and submit…
PSBs’ gross NPA ratio may fall to 9% by March 2020: RBI
Mumbai, June 28 (IANS) The RBI on Thursday said PSU banks’ gross non-performing asset (GNPA) ratio may decline…
RBI Deputy Governor Viral Acharya resigns
Mumbai:RBI Deputy Governor Viral Acharya has quit six months before the end of his term, sources said on…
MCA hints at RBI inaction on non-compliance of IFIN on key benchmarks
New Delhi, June 7 The Ministry of Corporate Affairs (MCA) has hinted at the indifference of RBI on…
RBI cuts key lending rate by 25 basis points to boost growth
New Delhi, June 6: Loans to get cheaper as the Reserve Bank of India (RBI) cut key interest…
RBI to go for another rate cut to spur growth
A booster dose in the form of further rate cut is expected from the Reserve Bank to rekindle…
Macro environment conducive for RBI to cut rates
With the elections resulting in a decisive mandate, the attention will now shift to policy — both fiscal…
RBI’s booster dose expected; target 150-200 bps cut in FY20
Mumbai, May 24 Further monetary policy easing is expected as the economy struggles with a demand downturn, liquidity…
India’s April wholesale inflation eases to 3.07%
New Delhi, May 14: Lower prices of manufactured items and key transportation fuels eased India’s annual rate of…
Food prices raise India’s April retail inflation
New Delhi, May 13: Higher food prices accelerated India’s April retail inflation to 2.92 per cent from 2.86…
Need to set up state finance panels discussed: RBI
Mumbai, May 8: The necessity of setting up ‘State Finance Commissions’ was discussed in a meeting between RBI…
RBI to issue new Rs 20 banknotes
The Reserve Bank of India is set to issue Rs. 20 denomination banknotes in the Mahatma Gandhi (New)…
Be more transparent: Supreme Court raps RBI in final warning
New Delhi, April 26: The Supreme Court on Friday gave the RBI “one last opportunity” to disclose annual…
RBI reply on home loan norm breach by bank sought
New Delhi, April 24 The Delhi High Court on Wednesday asked the Reserve Bank of India (RBI) to…
Demonetisation Scam Video 3 : Modi’s silence is evidence of guilt, says Congress
New Delhi, April 17, 2019 : Releasing third video on the Demonetisation scam, Senior Congress leader and former…
Why were demonetisation ‘scams’ not probed: Kapil Sibal
"Demonetisation is the biggest scam of the country," Sibal said, while slamming the November 2016 decision of the Modi government to ban currency of Rs 500 and Rs 1000 denomination.
Congress releases one more video on the Demonetisation ‘scam’
New Delhi, April 17, 2019 : Senior Congress leader and former union minister Kapil Sibal releases one more…
RBI issues Rs 50 notes bearing Governor Shaktikanta Das’ signature
Mumbai, April 17: The Reserve Bank of India (RBI) on Tuesday issued Rs 50 denomination banknotes bearing the…
RBI employees aren’t government servants: Madras HC
Chennai, April 15: The Madras High Court has observed that the employees of Reserve Bank of India (RBI)…
Delhi HC to RBI, Google Play: Reply on plea over Google Pay
New Delhi, April 10: The Delhi High Court on Wednesday asked the Reserve Bank of India (RBI) and…
Demonetisation Scam amounts to treason, says Kapil Sibal
The detailed logistics of currency exchange during Demonetisation was controlled by BJP president Amit Shah.
RBI cuts repo rate by 25 base points, lowers GDP growth forecast to 7.2%
New Delhi, April 4: The Reserve Bank of India (RBI) on Thursday reduced repo rate by 25 base…
Supreme Court nixes RBI circular on bad loans as ultra vires
New Delhi, April 2: In a huge relief to the regulated sector, the Supreme Court on Tuesday struck…
Sanctity of RBI must be maintained: Mamata Banerjee
Kolkata, April 1: West Bengal Chief Minister Mamata Banerjee on Monday said the dignity of the Reserve Bank…
Inter-Creditor pact a non-starter: Debtors to SC
New Delhi, March 30: Corporates opposing the RBI’s February 12 circular on loans resolutions have submitted to the…
RBI imposes penalty of Rs 2 crores on PNB
New Delhi, March 26: The Reserve Bank of India (RBI) on Tuesday imposed a penalty of Rs 2…
RBI Governor to meet fintech firms on growth hurdles
New Delhi, March 25: RBI Governor Shaktikanta Das will meet financial technology (fintech) companies this week to understand…
Chance for RBI to recoup lost reserves as rupee gains strong
Mumbai, March 11 (IANS) A strong inflow of foreign funds and benign oil prices have strengthened the Indian…
No RBI decision yet on interim dividend quantum to be paid to government
New Delhi, Feb 18: The RBI decides independently on the quantum of interim dividend to be paid to…
From RBI to CBI, why is everybody saying bye-bye to PM Modi: Mamata
Kolkata, Feb 8: West Bengal Chief Minister Mamata Banerjee on Friday attacked Prime Minister Narendra Modi saying “from…
Good news: RBI rate cut to bring down EMI on home loans
Mumbai, Feb 7: The lowering of key lending rates by the Reserve Bank of India (RBI) on Thursday…
Profit booking after rate cut subdues market
Mumbai, Feb 7: The Indian equity market failed to hold on to early gains made on the back…
Loan interest costs set to fall as RBI cuts rate to 6.25%
New Delhi, Feb 7: In a surprise move that could bring down home and auto loans, the RBI…
Sensex closes 358 point up on hopes of rate cut
Mumbai, Feb 6: Expectations of rate cut in the Reserve Bank of India (RBI)’s bi-monthly monetary policy outcome…
Caution over RBI’s rate-decision subdues market; oil stocks down
Mumbai, Feb 5: Caution over RBI’s rate-decision along with high crude oil price subdued the Indian equity indices…
RBI frees Bank of India, Oriental Bank, BoM from From PCA Framework
New Delhi, Jan 31 : Three public sector lenders have been permitted to exit the Reserve Bank of…
Ravneet Singh Gill to be Yes Bank MD, CEO
Mumbai, Jan 24: Deutsche Bank India CEO Ravneet Singh Gill has been named the new MD and CEO…
Nepal bans Indian notes above Rs 100
Kathmandu, Jan 21: Nepal’s central bank has announced the ban of Indian currency notes with denominations above Rs…
Fiscal slippage remains a risk for rate cut: Report
New Delhi, Jan 17 While concerns of liquidity, coupled with declining inflation, may have prompted the industry to…
Congress points fingers at Doval son, seeks FDI details from Cayman Islands
New Delhi, Jan 17: Alleging links between NSA Ajit Doval’s son Vivek opening a hedge fund in the…
RBI extends tokenisation services to online merchants
Mumbai, Jan 8 Continuing its efforts to improve the safety of card transactions, the Reserve Bank of India…
RBI forms panel led by Nandan Nilekani to deepen digital payments
Mumbai, Jan 8: The Reserve Bank of India (RBI) on Tuesday appointed Infosys co-founder Nandan Nilekani as the…
Don’t want RBI money, but can’t let economy starve: Jaitley
"The main issue was not the economic capital framework. It's an issue for a medium term. But the immediate issue is we can't allow our economy to starve (on liquidity)," Jaitley said at a summit hosted by television channel Republic TV here.
Sensex ends flat on weak global cues, RBI board meet
Mumbai, Dec 14: The key Indian equity indices closed flat after trading in a narrow range on Friday…
Modi government thinks it owns RBI, says Chidambaram
New Delhi, Dec 13 : Attacking the Narendra Modi government over its differences with RBI Governor Urjit Patel…
RBI is accountable, government runs country: Shaktikanta Das
On the issue of RBI's reserves, he said a committee to examine it would be constituted shortly and then with the appointment of its Chairman, the terms of reference of the committee would be drawn with fixed timelines.
Shaktikanta Das ‘MA in History’ is first non-economist RBI Governor
New Delhi, Dec 12: Former Economic Affairs Secretary Shaktikanta Das on Wednesday assumed charge as the new Reserve…
New RBI Governor ‘Shaktikanta Das’ takes charge
Mumbai, Dec 12: Shaktikanta Das on Wednesday assumed charge as the 25th Governor of the Reserve Bank of…
Urijit Patel’s “forced” exit blot on India’s banking system: Ahmed Patel
New Delhi, Dec 10: Senior Congress leader Ahmed Patel on Monday said that the forced exit of RBI…
Equity indices end lower as RBI’s policy fails to cheer investors
Mumbai, Dec 5: Broadly negative global cues as well as disappointment over the Reserve Bank’s monetary policy announcement…
RBI keeps repo rate unchanged at 6.5%
New Delhi, Dec 5: The monetary policy committee of Reserve Bank of India (RBI) on Wednesday kept its…
RBI likely to maintain repo rate in Wednesday’s review
Mumbai, Dec 3 :The RBI is expected to keep its key interest rate unchanged at its penultimate monetary…
Advertising Rulers of law
Today, institutions speak not for the rule of law, but for those who rule, unconcerned with the law.
Government destroyed MSMEs, now wants RBI to revive it: Chidambaram
The truth, Mr Prime Minister, is that you used note ban as a 'tez' (bitter) medicine to destroy MSME. Now, government wants RBI to revive that sector!
All leaders Will Be the Face of Opposition, Says Mamata Banerjee
Naidu who flew down to Kolkata to meet West Bengal CM Mamata Banerjee, has announced " the joint Opposition meeting will now be held on January 19 in New Delhi.We've to save the nation&democracy,we have to protect institutions. You are watching from last many days,democracy is in danger.Institutions like CBI,ED,RBI&others are under pressure."
RBI to form panel to review transfer of surplus to Modi govt
New Delhi, Nov 19 : The Reserve Bank of India has decided to form a panel that would review…
Sensex jumps amid bets of RBI-government truce
Mumbai, Nov 19: Key equity indices jumped amid bets the government and the Reserve Bank of India will…
India Inc investment in foreign ventures falls 10% in Oct: RBI
Mumbai, Nov 16: Indian companies’ investment in their overseas ventures continued to be less than the year-ago period for…
Modi govt is raiding RBI for illegal, impermissible electoral sops: Congress
New Delhi, Nov 12: In a scathing attack, the Congress on Monday said that as elections are nearing,…
PM needs Rs 3.6 lakh crore from RBI to fix mess his economic theories created: Rahul Gandhi
New Delhi, Nov 6: In a sharp attack, Congress President Rahul Gandhi on Tuesday said that Prime Minister Narendra…
PM Narendra Modi, an anaconda who is swallowing CBI, RBI: Andhra Pradesh finance minister
Nov 3 :Andhra Pradesh Finance Minister Yanamala Rama Krishnudu on Sunday has called Prime Minister Narendra Modi an anaconda…
Sensex ends flat in choppy trade, rupee gains
Mumbai, Nov 1: India’s barometer indices ended largely flat in Thursday’s trade marked by volatility, as investors remained cautious…
India’s current economic scenario not like 1991 crisis: Bimal Jalan
The government should restrict its role to deciding on policy and monitoring the performance of banks. It has to decide to do this reform.
Institutional undermining of RBI is betrayal to Sardar Patel’s legacy: Ahmed Patel
New Delhi, Oct 31: Senior Congress leader Ahmed Patel on Wednesday took a jibe at the Narendra Modi…
Autonomy for RBI vital, accepted governance requirement: Finance Ministry
New Delhi, Oct 31: Amid spat between the RBI and the Narendra Modi government, the Finance Ministry Wednesday said…
Centre desperate, hiding facts on economy: P Chidambaram
New Delhi, Oct 31: Former Finance Minister P. Chidambaram expressed concern on Wednesday on reports that the government had…
Government trying to destroy autonomous structure of RBI: Congress
New Delhi, Oct 30: Sharpening its attack on Finance Minister Arun Jaitley, the Congress on Tuesday accused the government…
Undermining RBI will be disastrous, says Employees Union
Kolkata, Oct 29: Days after RBI Deputy Governor Viral Acharya spoke on the need for the central bank’s autonomy,…
RBI keeps policy rates intact; stance unchanged
Mumbai, Oct 5: Belying market expectations of a rate hike, the Reserve Bank of India (RBI) on Friday held…
Likely RBI intervention aid rupee’s recovery; touches new low of 73.82
Lately, concerns over a rise in inflation rate, high crude oil prices and an outflow of foreign funds from the country's equity market has subdued the Indian currency.
Sensex tanks over 800 points on rate hike fears, downhill rupee
Mumbai, Oct 4: Caution ahead of a likely hike in key lending rates by the Reserve Bank of India…
Sensex ends 550 points down on weak rupee, RBI rate hike fears
Mumbai, Oct 3: Amidst a weak rupee and a likely hike in interest rates by the Reserve Bank of…
RBI may hike repo rate by 25 bps on Friday
Mumbai, Oct 3 The Reserve Bank of India is widely expected to increase its repurchase rate by 25…
RBI withdraws permission to open new branches of Bandhan Bank
Kolkata-based Bandhan Bank, which was the first instance in the country of a microfinance entity transforming in to a universal bank, completed three years of operations this August.
RBI likely to hike repo rate by 25 bps: SBI report
Mumbai, Sep 28 (IANS) The Reserve Bank of India (RBI) is expected to hike its key lending rate…
India’s forex reserves down $819.5 mn
Besides the US dollar, FCAs consist of nearly 20-30 per cent of major global currencies.
Banks with over 10 branches to have ombudsman: RBI
Mumbai, Sep 3 (IANS) The Reserve Bank of India (RBI) on Monday asked all scheduled commercial banks with…
99.30% of demonetised currency notes returned: RBI Report
New Delhi, Aug 29: Nearly two years after demonetisation, the Reserve bank of India (RBI) has completed the…
RBI deadline for resolution of ₹ 3.8 trillion in NPAs ends today
New Delhi, Aug 28 : A major deadline in the process of resolving the country’s most pressing corporate…
SBI should declare GSPC as bankrupt: Congress
New Delhi, Aug 27: Referring to a Reserve Bank of India (RBI) circular, the Congress on Monday said that…
RBI board: RSS thinker S Gurumurthy, Satish Marathe apointed as part-time directors
New Delhi, Aug 8: The Narendra Modi government has appointed Rashtriya Swayamsevak Sangh (RSS) affiliate S Gurumurthy and Satish…
Global cues, RBI’s lending rate cuts subdue equity indices; Sensex falls 350 points
Mumbai, Aug 2: Broadly negative global cues along with disappointment over the RBI’s lending rate hike and profit booking…
RBI rate hike, PMI data subdue equity indices
The RBI has raised its key benchmark lending rate by 25 basis point to 6.5 per cent in its third monetary policy review of 2018-19.
RBI hikes repo rate by 25 basis points to 6.5%
New Delhi, August 1: The Reserve Bank of India on Wednesday increased the policy repo rate under the…
New 100-rupee note poses fresh headaches for ATM operators
Mumbai, July 21 : The Reserve Bank of India’s (RBI) announcement launching a new series of 100-rupee denomination…
Lavender colour Rs 100 notes soon, existing series to be still valid: RBI
New Delhi, July 19: The Reserve bank of India on Thursday announced that new Lavender colour Rs 100…
Jaitley should write FB post on who is FM, says Congress
"Inflation reaching 5 to 6 per cent, Index of Industrial Production going down, exports going down from Rs 19 lakh crore to Rs 10 lakh crore.
India’s June exports up over 17%, trade deficit soars to $16.6 bn
New Delhi, July 13 (IANS) Indian exports in June at $27.7 billion rose by 17.57 per cent over…
Airtel Payments Bank gets RBI nod to start enrolling new customers
New Delhi, July 12: After running into rough weather due to Aadhaar-related e-KYC issues, Airtel Payments Bank on Thursday…
Ahmed Patel slams Modi government over reducing ONGC’s Cash Reserves
New Delhi, June 13 : Senior Congress leader Ahmed Patel in a series of tweets attacked Narendra Modi Government…
RBI needs more powers to oversee PSBs: Urjit Patel to Parliamentary panel
New Delhi, June 12: The Reserve Bank of India (RBI) needs more powers to oversee public sector banks…
Cash with public at record high, doubles post demonetisation
New Delhi, June 11: Prime Minister Narendra Modi imposed Demonetisation to curb black money and hoarding of cash…
SBI looks at over Rs 40,000 crore recovery in FY19
Kolkata, June 9: The country’s largest lender, State Bank of India (SBI), is looking at recovering more than Rs…
Market Review: RBI rate hike boosts key Indian equity indices
Mumbai, June 9: The Reserve Bank of India’s (RBI) decision to hike the repo rate by 25 basis…
Global cues lift equity indices; banking stocks soar
Mumbai, June 7: Positive global cues and healthy buying support for banking, capital goods and metal stocks lifted the…
RBI rate hike to make home, auto loans costlier
New Delhi, June 6: Housing and auto loans are set to become costlier with India’s central bank raising its…
RBI’s ‘neutral’ stance boosts equity indices
Mumbai, June 6: The key indices of the Indian equity market made healthy gains on Wednesday as investors’ risk-taking…
RBI hikes repo rate by 25 basis points; house, auto loans to get costlier
Mumbai, June 6: Housing loan and auto loan will become dearer with the Reserve Bank of India (RBI)…
Caution over RBI’s policy review subdues equity indices
Mumbai, June 5: Broadly negative global cues along with caution ahead of the RBI’s monetary policy review depressed the…
Weak demand in May contract India’s service sector output: PMI
Mumbai, June 5: Weak demand along with a rise in inflationary pressures pulled the output of the Indian service…
Mahesh Kumar Jain appointed as Deputy Governor of RBI
New Delhi, June 4: The government on Monday appointed Mahesh Kumar Jain, managing director and chief executive officer…
Rates, rupee and rains to guide equity investors’ sentiments
Market participants will follow the monsoon's progress and the rupee's movement against the US dollar for further cues, analysts opined.
Cash Crunch returns as ATMs in northeastern states go dry
Agartala/Kohima/Itanagar, May 5: The cash drought in most of the ATMs of the northeastern states has caused a lot…
Over 23,000 bank fraud cases involving Rs1 lakh crore in 5 years: RBI
New Delhi, May 2: More than 23,000 cases of fraud involving Rs 1 lakh crore have been reported…
Empty ATMs: AIBEA seeks RBI Governor resignation
Chennai, April 19: The All India Bank Employees’ Association (AIBEA) on Thursday sought Reserve Bank of India Governor…
RBI Governor called by parliamentary panel on May 17
New Delhi, April 17: RBI Governor Urjit Patel has been called by a parliamentary panel on May 17 to…
‘Unusual demand’ reason for cash crunch, says Govt
New Delhi, April 17: Amidst reports of a cash crunch and empty ATMs, Finance Minister Arun Jaitley on Tuesday…
RBI penalty not to have any material impact: IDBI Bank
Mumbai, April 12: State-run IDBI Bank on Thursday said a Rs 3 crore penalty imposed on it by the…
After RBI raises doubts, Axis Bank CEO Shikha Sharma cuts short her tenure
New Delhi, April 10: After the Reserve Bank of India raised doubts, Private-sector lender Axis Bank said its board…
PNB fraud: CBI questions former RBI Deputy Governor
New Delhi, April 6: The CBI on Friday questioned a former Deputy Governor of Reserve Bank of India (RBI)…
Monetary policy: RBI keeps repo rate unchanged at 6%
New Delhi, April 5: In the first monetary policy meeting of the new fiscal year on Thursday, the…
RBI likely to hold key interest rate
Mumbai, April 3: At its first bi-monthly monetary policy review of the new fiscal, the RBI is expected…
RBI fines ICICI Bank for security sales violation
Mumbai, March 29: The Reserve Bank of India (RBI) said on Thursday it has imposed a penalty of Rs…
RBI special measures on March 31 for government accounts
Mumbai, March 28: The Reserve Bank of India (RBI) has announced special measures for the transaction of central and…
India’s Forex reserves drop by over $152 mn
Mumbai, March 23: India’s foreign exchange (Forex) reserves dropped by $152.4 million as on March 16, official data…
Credit cost to rise as LoUs issuance discontinued: SBI Ecowrap
New Delhi, March 16: The RBI’s decision to discontinue the Letters of Undertaking (LoUs) or Letters of Comfort (LoC)…
Scrapping of LoUs by RBI will raise cost of credit: CII
New Delhi, March 14: Reacting to RBI’s decision to scrap the system of issuing Letters of Undertaking (LoUs) and…
Modi ‘most expensive watchman’ in the world, says Kapil Sibal
Senior, Congress leader and Rajya Sabha member Kapil Sibal on Saturday said that the country has witnessed a…
RBI, SEBI need to take cognisance of market volatility; says Urjit Patel
New Delhi, Feb 10: Reserve Bank of India (RBI) Governor Urjit Patel on Saturday said the central bank and…
RBI likely to hold interest rate at monetary policy review
Mumbai, Feb 5: With the annual retail inflation rate breaching the five per cent mark in December and…
‘RBI shouldn’t hike rate for fear of Budget stoking inflation’
New Delhi, Feb 4: The RBI should refrain from raising interest rates owing to concerns about inflation being stoked…
CEA Arvind Subramanian much less hopeful now of RBI rate cuts
New Delhi, Jan 31 : Sounding a clear note of caution on rising crude oil prices pushing inflation, Chief…
Can’t prevent misuse of Bitcoin by terrorists: Government
There is no mechanism to prevent the misuse of cryptocurrencies such as Bitcoin by terror groups and other…
Government to do additional market borrowing of Rs 50,000 crore
New Delhi: The government will undertake additional market borrowing of Rs 50,000 crore in the remaining period of the…
RBI places Bank of India under Prompt Corrective Action framework
Mumbai, Dec 20: The Reserve Bank of India (RBI) has initiated “prompt corrective action” (PCA) measures against state-run lender…
Unlocking real estate value in the current scenario
By Taponeel Mukherjee As lenders and borrowers in India grapple with heavy debt levels, asset sales have been…
November inflation at 4.88% crosses RBI’s median mark
New Delhi,, Dec 12: A sharp spurt in food and fuel prices pushed India’s annual retail inflation in November…
RBI maintains key rates, concerned over inflation
Mumbai, Dec 6: In its penultimate monetary policy review of the fiscal, the Reserve Bank of India (RBI) on…
RBI likely to keep key interest rate unchanged on Wednesday
Mumbai, Dec 4: The Reserve Bank of India (RBI) is expected to keep its key interest rate unchanged at…
Monetary policy review to drive key equity indices
Mumbai, Dec 3: The central bank’s upcoming monetary policy review, combined with the direction of foreign fund flows are…
Demonetisation failed litmus test as most banned notes returned
(‘Note-Bandi: Demonetisation and India’s Elusive Chase for Black Money’ is an upcoming book from Oxford University Press dedicated…
Negative impact of demonetisation on economy transitory: Rating agencies
By Venkatachari Jagannathan Chennai, Nov 1 : The adverse impact of demonetisation on the Indian economy would be transitory,…
Demonetisation: Hawkish RBI has been economy’s biggest demon
The Reserve Bank of India (RBI) has to answer a simple question: Why have policy rates declined by only 200 basis points when inflation has declined 700 basis points since 2013?
Bank recapitalisation monumental step to save economy: RBI chief
Mumbai, Oct 25: The government’s Rs. 2.11 lakh crore plan to recapitalise public sector banks is a major step…
Demonetisation: Economy shaken, GDP hurt, trust in govt undermined
New Delhi Oct 23 : While the immediate impact of demonetisation was seen in the long queues outside…
It’s government’s decision to link bank accounts with Aadhaar mandatory: RBI
New Delhi, Oct 21: The Reserve Bank of India (RBI) on Saturday clarified that it was the decision of the…
Atleast 66 machines are being used for counting demonetised notes: RBI
RBI is using 66 Currency Verification and Processing machines to count money returned after demonetisation. While answering a…
India Inc. is disappoint over RBI’s decision to hold rates
New Delhi, Oct 4: India Inc. on Wednesday expressed its displeasure over the Reserve Bank of India (RBI)’s decision to…
RBI maintains key rates, as concerns over inflation, ‘fiscal slippage’ rise
Mumbai, Oct 4: Rising inflationary pressure and concerns over “fiscal slippage” prompted India’s central bank, the RBI, on Wednesday…
RBI lowers 2017-18 growth projection to 6.7 per cent
Mumbai, Oct 4: The Reserve Bank of India (RBI) on Wednesday lowered the country’s growth projection for 2017-18, pegging…
India’s external debt rises to $485.8 bn
Mumbai, Sep 29: India’s total external debt for the end-June quarter 2017 rose to $485.8 billion, from $471.9 billion…
RBI to hike FPIs’ investment limits in govt securities
Mumbai, Sep 28: The Reserve Bank of India (RBI) on Thursday issued a notification regarding hike in foreign portfolio investors’…
Economy booster package should look at increasing capital expenditure, says Rangarajan
New Delhi, Sep 22: Former Reserve Bank of India Governor C. Rangarajan on Friday said the package the government…
‘Indian banks exploring various means of recapitalisation’
Recapitalisation is a major issue for state-run banks owing to the massive non-performing assets (NPAs), or bad loans,…
Government to introduce Rs 100 coins soon
New Delhi, Sep 13: The Central government will introduce coins of Rs 100 soon to commemorate birth centenary…
I may have resigned if note ban was thrust: Raghuram Rajan
New Delhi, Sep 9: Former RBI Governor Raghuram Rajan said that he would have resigned if the demonetisation decision…
India’s forex reserves rise to nearly $400 bn
Mumbai, Sep 9: Continuing a recent trend, Indian foreign exchange reserves shot up by a massive $3.572 billion to…
I came from USA to India for notes change during demonetisation: Raghuram Rajan
New Delhi, Sep 8: Raghuram Rajan, former Governor of the Reserve Bank of India says he was open…
Demonetisation to have high short-term economic costs, Rajan warned govt
New Delhi, Sep 5: Expressing his views over note ban Former Reserve Bank of India governor Raghuram Rajan said could have…
Post Demonetisation : No info on how much black money came back, says RBI
New Delhi, Sep 5: The Reserve Bank of India has no information on the amount of unaccounted or black…
It may take ATMs three months to dispense Rs 200 notes
By Meghna Mittal New Delhi, Sep 3: While the RBI launched the 200-rupee note a week ago, it may…
Slowdown of credit pre-dates banks drive against NPAs: Rajan
New Delhi, Sep 3: The slowdown of credit growth in India is not the fallout of state-run banks attempting…
It may take ATMs three months to dispense Rs 200 notes
New Delhi, Sep 3: While the RBI launched the 200-rupee note a week ago, it may take up to…
Yechury slams Modi govt, calls demonetisation ‘money laundering scheme’
New Delhi, Sep 2, 2017: After the Reserve Bank of India (RBI) revealed that 99 percent of the…
RBI: Printing currency notes cost increased 133 per cent at Rs 7,965 crore during demonetisation
New Delhi, Aug 31: The Reserve Bank of India (RBI) spent too much high amount of Rs 7,965…
Anand Sharma calls Demonetisation a “biggest scam”
New Delhi, Aug 31, 2017: Terming demonetisation as the “biggest scam”, Senior Congress leader Anand Sharma on Thursday…
RBI annual report: 762,072 counterfeit notes detected in FY 2016-17
New Delhi, Aug 31: The Reserve Bank of India (RBI) in its annual report revealed as many as 762,072…
Opposition parties calls demonetisation a ‘colossal failure’
New Delhi, Aug 31, 2017: The opposition parties on Wednesday launched a scathing attack on Narendra Modi led-BJP…
Chidambaram questioned RBI annual report, was demonetisation a scheme designed to convert black money into white ?
New Delhi, Aug 30: Reacting strongly to the RBI annual report, former finance minister P Chidambaram questioned RBI annual…
No plans to reissue Rs 1,000 note
New Delhi, Aug 30: The government has no plan to reintroduce Rs 1,000 notes that were taken out of…
ATMs won’t dispense new Rs 200 currency note today
New Delhi, Aug 25: The first tranche of newly introduced Rs 200 denomination may not be available through ATMs because they…
RBI issues new Rs 200 note, Here’s everything you need know
New Delhi, Aug 25: To amplify the circulation of lower denomination, the Reserve Bank of India issued new currency note…
Bandhan Bank focuses on gold loan, initiates listing process
Kolkata, Aug 24: In a bid to strengthen the retail loans portfolio, the private lender Bandhan Bank is focusing…
RBI to issue new notes of Rs 50 shortly
New Delhi, Aug 18: The reserve bank of India on Friday announced that it will shortly issue new…
Rajyasabha passed Banking regulation bill
Finance minister Arun Jaitley on Thursday tabled the Banking Regulation (Amendment) Bill, 2017 in Rajya Sabha which seeks…
Demonetisation Effect: RBI halves the dividend payout to government
Demonetisation turns out to be a bane for government as its dividend halves this year as compared to…
I would not have approved of note ban: Bimal Jalan
New Delhi, Aug 9, 2017: Though demonetisation had some positives, former Reserve Bank of India (RBI) Governor Bimal…
Subdued inflation prompts RBI to reduce key lending rates
Mumbai, Aug 2: Subdued inflation and demand prompted India’s central bank, the RBI, on Wednesday to reduce its key…
RBI expected to cut key interest rate on Wednesday
Mumbai, Aug 1: With latest macro-economic data showing inflation at a record low and fall in factory output, the…
RBI needs to cut interest rate by 25 basis points: Assocham
New Delhi, July 30: Ahead of the Reserve Bank of India’s (RBI) forthcoming monetary policy review next week, industry…
RBI stops printing Rs 2,000 notes; Rs 200 note to introduce soon
New Delhi, July 26: The Reserve Bank of India has stopped printing higher value currency notes of Rs 2000,…
Government presents Banking Regulation Bill
New Delhi, July 24: Finance Minister Arun Jaitley introduced a bill where Reserve Bank of India get the…
RBI to issue New Rs 20 Notes soon
New Delhi, July 20 : The Reserve Bank of India will issue new notes of Rs 20 in…
Housing prices hike by 10.5% in January-March 2017 : RBI report
New Delhi, July 18: Housing prices increased by 10.5% in January-March this year as compared to the year-ago period, revealed Reserve Bank…
Indian banks witness 142 per cent hike in bad education loans
New Delhi, July 17: Indian banks have witnessed a 142 per cent hike in default by students during…
Rahul Gandhi poke fun at RBI Governor
New Delhi, July 13 : Congress Vice President Rahul Gandhi poked fun at RBI Governor Urjit Patel over…
Chidambaram slams RBI Governor on notes-counting machines
"RBI buying note counting machines eight months after demonetisation! Has the RBI not heard of 'leasing'," Chidambaram tweeted.
SBI reduces NEFT, RTGS charges
New Delhi, July 13: The State Bank of India (SBI) reduced charges for National Electronic Funds Transfer (NEFT)…
Deposited demonetised notes still being counted: RBI
Sources said a member told the RBI Governor that since the junked notes have so far not been been counted, how will the central bank know how much of these were fake or genuine.
Mastermind of fake coin racket forfeited
New Delhi, July 7: Mastermind of fake coins Upkar Luthra has been arrested from Kondli in haryana. Deputy…
RBI to issue Rs 200 soon, printing order has been placed : Report
New Delhi, July 4: Reserve Bank of India is all set to introduce a new Rs 200 note soon as…
Demonetisation : SC asks Centre & RBI to give genuine cases ‘another chance’
New Delhi, July 4 : In a bid to ease troublesome for genuine people who couldn’t able to deposit…
Over 90% Indian customers still prefer branch over online banking: Report
New Delhi, July 3 :While the government has been pushing people to go online when it comes to…
Now mobile banking complaints under ombudsman, says RBI
Mumbai, June 23: Widening the scope of its Banking Ombudsman Scheme, the Reserve Bank of India (RBI) has included…
RBI tells banks to provide adequate transaction details in passbooks
Mumbai, June 22 : The Reserve Bank of India (RBI) on Thursday advised commercial banks to provide adequate…
Is RBI’s hawkish stance hurting India’s growth prospects?
The role of interest rate in Indias growth is grossly underplayed. The movement of interest rates has been…
Sena claims credit for RBI accepting old notes from co-op banks
Mumbai, June 21: The Shiv Sena on Wednesday claimed credit for the central government granting permission to the Reserve…
DCCBs allowed to deposit demonetised notes with RBI
New Delhi, June 21: In a significant move, the government on Tuesday allowed the RBI to accept demonetised notes…
No plan to issue next list of defaulters any time soon: RBI
New Delhi, June 16, 2017: Following its identification of 12 accounts responsible for 25 per cent of the…
RBI starts PCA against Central Bank of India
Mumbai, June 15: The Reserve Bank of India (RBI) took “prompt corrective action” (PCA) on Central Bank of…
RBI introduces new Rs 500 notes with inset letter “A”
June 13, Tuesday : The Reserve Bank of India introduced new batch of Rs 500 notes on Tuesday…
RBI at advanced stage of preparing top loan defaulters’ list: Jaitley
New Delhi, June 12, 2017: Plagued by huge bad loans problem, the government on Monday said the Reserve…
RBI monetary policy panel refused meeting with Finance Ministry
Mumbai, June 7 : The Reserve Bank of India’s Monetary Policy Committee had turned down the Finance Ministry’s…
Monetary Policy : RBI keeps key lending rates unchanged
June 7, Wednesday : The Reserve Bank of India has kept repo rate unchanged at 6.25 per cent while…
Indian firms raised triple foreign borrowings in April
Mumbai, May 27: According to Reserve Bank of India (RBI) data, Indian firms’ external commercial borrowings (ECBs) in April…
India making concerted effort to tackle banks bad loans
Mumbai/Singapore, May 12: Hailing the ordinance empowering the RBI to initiate insolvency process against top defaulters, international ratings…
RBI revises NPA norms, announces penalty on banks for non-compliance
New Delhi, May 5: In wake of the ordinance promulgated on Friday empowering the Reserve Bank of India (RBI)…
Ordinance on bad loans gets Presidential nod
New Delhi, May 5: An ordinance empowering the Reserve Bank of India (RBI) to tackle bad loans of banks…
Currency shortage in UP banks, ATMs trouble people
Lucknow, April 28: People in Uttar Pradesh and in neighbouring Uttarakhand are facing a shortage of cash in banks…
Parliamentary panel summons Urjit Patel on note ban issue
April 20, New Delhi: The parliamentary Standing Committee has yet again summoned RBI Governor Urjit Patel on May 25…
RBI cautions banks on bad loan risk in telecom sector
Mumbai, April 18: The Reserve Bank of India on Tuesday cautioned about loans given to companies in sectors…
Here comes new Rs 200 note on social media…Is it for real?
New Delhi, April 7: The social media is abuzz with the picture of new Rs 200 note. Just…
Indian equities recover marginally as RBI maintains status quo
New Delhi, April 6: Indian equity markets on Thursday recovered marginally to trade on a flat-to-negative note after…
Monetary Policy Review: RBI maintains key lending rate at 6.25%
Mumbai, April 6: The Reserve Bank of India (RBI) in its first bi-monthly monetary policy review of 2017-18…
RBI expected to keep rates unchanged on Thursday
Mumbai, April 4: The Reserve Bank of India (RBI) is expected to maintain its key lending rates at…
RBI clears proposal to introduce Rs 200 notes, report
New Delhi, March 4: The Reserve Bank of India has cleared a proposal to introduce new domination of Rs200…
Rs 1.15 lakh cr more currency needed for optimal remonetisation: SBI
Mumbai, March 31: The RBI needs to print an additional Rs 1.15 lakh crore-worth of currency notes to…
Rupee appreciates, breaks 65-level against US dollar
Mumbai, March 29: The Indian rupee during early morning trade on Wednesday broke the 65-mark and touched a…
RBI rejects RTI on why exchange of old notes not allowed till March 31
New Delhi, March 27: The Reserve Bank of India (RBI) has yet again refused to reply an RTI…
Exchange of Rs 4,500 in old notes allowed in Nepal: RBI
The Indian proposal has sent waves of nervousness among the Nepali public as India had earlier allowed Nepali citizens to possess up to Indian Rs 25,000 each.
Agency banks, RBI offices to remain open till April 1
Mumbai, March 25: The Reserve Bank of India (RBI) has asked all agency banks — all public sector…
SC seeks reply from Centre, RBI on plea over depositing old notes
New Delhi, March 21, 2017: The Supreme Court of India on Tuesday issued notices to the Central government…
29 lakh debit cards faced malware attack last year
New Delhi, March 18: While Indian government is extensively promoting digital India, it is yet to steer clear security…
RBI processes Sovereign Gold Bonds demat requests
Mumbai, March 14: Putting at rest the Sovereign Gold Bonds (SGBs) investors’ worries over the pending dematerialisation (demat) of…
Remonetisation cost to be known only by end of process: Jaitley
New Delhi, March 10, 2017: Union Finance Minister Arun Jaitley today said the cost of remonetisation will be…
Jaitley, RBI officials to discuss banks’ bad loans today
New Delhi, March 10, 2017: Finance Minister Arun Jaitley will hold a meeting on Friday with Reserve Bank…
RBI to issue new Rs 10 notes, old ones to remain valid
Mumbai, March 9: The Reserve Bank of India (RBI) on Thursday announced that it will shortly issue new…