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IMF cuts India’s 2019-20 growth rate to 4.8%
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The departments of currency management, information technology and foreign exchange will be looked after by B.P. Kanungo.
Mumbai, Dec 25 : Banks’ exposure to sensitive sectors that comprise capital market, real estate and commodities edged up to 23.5 per cent of total loans...
Mumbai, Higher liquidity inflows on the back of the Reserve Bank’s ‘operation twist’ along with Jharkhand Assembly election results will influence the Indian equity market movements...
Mumbai: When the RBI governor announces the decision of Monetary Policy Committee today all eyes would be on the quantum of policy rate cut. India’s central...
Mumbai: The Reserve Bank of India on Tuesday penalised three cooperative banks — Nesargi Urban Co-operative Bank Limited, Krishna Pattana Sahakar Bank Niyamitha and Ron Taluka...
New Delhi, Nov 2 () Within days of market regulator asking the listed PSU banks to report divergence in NPAs as estimated by them and RBI...
New Delhi, Nov 2 : Within days of market regulator asking the listed PSU banks to report divergence in NPAs as estimated by them and RBI...
New Delhi, Oct 14 : Finance Minister Nirmala Sitharaman on Monday said that she is closely monitoring the developments at Punjab and Maharashtra Cooperative (PMC) Bank...
New Delhi, Oct 12 The Indian economy, which has been witnessing slowdown over last few quarters, is likely to face several more risks in the near...
Mumbai, Oct 12 The Reserve Bank of India on Friday has changed the daily reporting system at cooperative banks after the collapse of Punjab and Maharashtra...
Mumbai, Oct 9 : The Reserve Bank of India on Wednesday rejected the merger of Lakshmi Vilas Bank and India Bulls Housing Finance Ltd, months after...
Mumbai: To reverse the consumption slowdown and shore-up growth, the Reserve Bank of India on Friday reduced key lending rates for the fifth consecutive time. Accordingly,...
Delhi: A day after the Reserve Bank of India’s (RBI) Central Board accepted the Bimal Jalan panel recommendations and decided to transfer Rs 1.76 lakh crore in...
New Delhi, Aug 27: Accepting the recommendations of Bimal Jalan Committee, the Reserve Bank of India (RBI) will transfer a sum of Rs. 1,76,051 crore to...
New Delhi, Aug 26 (IANS) On Monday, the government won and the RBI lost in what turned out to be an attritional war that saw a...
New Delhi, Aug 21: The IL&FS had not disclosed any NPAs for the last four years, the Reserve Bank of India (RBI) has said in a...
Temptation to reset 'back to the past' should be eschewed.
New Delhi, July 1 RBI’s Economic Framework Panel will meet sometime in mid July to finalise and submit its report to the central bank, panel chairman...
Mumbai, June 28 (IANS) The RBI on Thursday said PSU banks’ gross non-performing asset (GNPA) ratio may decline from 9.3 per cent in March, 2019 to...
Mumbai:RBI Deputy Governor Viral Acharya has quit six months before the end of his term, sources said on Monday. Acharya had joined as the RBI Deputy...
New Delhi, June 7 The Ministry of Corporate Affairs (MCA) has hinted at the indifference of RBI on the IL&FS’s financial services arm (IFIN) for not...
New Delhi, June 6: Loans to get cheaper as the Reserve Bank of India (RBI) cut key interest rate by 25 basis points (bps) on Thursday,...
A booster dose in the form of further rate cut is expected from the Reserve Bank to rekindle economic growth which has been stunted by low...
With the elections resulting in a decisive mandate, the attention will now shift to policy — both fiscal and monetary — with the key aim of...
Mumbai, May 24 Further monetary policy easing is expected as the economy struggles with a demand downturn, liquidity constraint and a high finance cost, sources said...
New Delhi, May 14: Lower prices of manufactured items and key transportation fuels eased India’s annual rate of inflation based on wholesale prices to 3.07 per...
New Delhi, May 13: Higher food prices accelerated India’s April retail inflation to 2.92 per cent from 2.86 per cent in March, official data showed on...
Mumbai, May 8: The necessity of setting up ‘State Finance Commissions’ was discussed in a meeting between RBI Governor Shaktikanta Das and Finance Commission Chairman N.K....
The Reserve Bank of India is set to issue Rs. 20 denomination banknotes in the Mahatma Gandhi (New) Series. The new currency note has motif of...
New Delhi, April 26: The Supreme Court on Friday gave the RBI “one last opportunity” to disclose annual inspection reports of banks as it just stopped...
New Delhi, April 24 The Delhi High Court on Wednesday asked the Reserve Bank of India (RBI) to file reply on a plea complaining that Central...
New Delhi, April 17, 2019 : Releasing third video on the Demonetisation scam, Senior Congress leader and former Union Minister Kapil Sibal questioned the silence of...
"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...
New Delhi, April 17, 2019 : Senior Congress leader and former union minister Kapil Sibal releases one more video on the Demonetisation ‘scam’ Highlights : On...
Mumbai, April 17: The Reserve Bank of India (RBI) on Tuesday issued Rs 50 denomination banknotes bearing the signature of Governor Shaktikanta Das. “The design of...
Chennai, April 15: The Madras High Court has observed that the employees of Reserve Bank of India (RBI) cannot be referred to as “government servants” while...
New Delhi, April 10: The Delhi High Court on Wednesday asked the Reserve Bank of India (RBI) and Google India Digital Services Private Limited to file...
The detailed logistics of currency exchange during Demonetisation was controlled by BJP president Amit Shah.
New Delhi, April 4: The Reserve Bank of India (RBI) on Thursday reduced repo rate by 25 base points to 6% from 6.25% and the Gross...
New Delhi, April 2: In a huge relief to the regulated sector, the Supreme Court on Tuesday struck down as ultra vires the controversial Reserve Bank...
Kolkata, April 1: West Bengal Chief Minister Mamata Banerjee on Monday said the dignity of the Reserve Bank of India (RBI) has “diminished” as on its...
New Delhi, March 30: Corporates opposing the RBI’s February 12 circular on loans resolutions have submitted to the Supreme Court that the Inter-Creditor Agreement (ICA) among...
New Delhi, March 26: The Reserve Bank of India (RBI) on Tuesday imposed a penalty of Rs 2 crores on Punjab National Bank (PNB) for non-compliance...
New Delhi, March 25: RBI Governor Shaktikanta Das will meet financial technology (fintech) companies this week to understand the issues affecting the growth of the sector...
Mumbai, March 11 (IANS) A strong inflow of foreign funds and benign oil prices have strengthened the Indian currency but what has worked best for the...
New Delhi, Feb 18: The RBI decides independently on the quantum of interim dividend to be paid to the Centre and a central bank committee is...
Kolkata, Feb 8: West Bengal Chief Minister Mamata Banerjee on Friday attacked Prime Minister Narendra Modi saying “from RBI to CBI, why is everybody saying bye-bye...
Mumbai, Feb 7: The lowering of key lending rates by the Reserve Bank of India (RBI) on Thursday has come as a pleasant surprise for homebuyers...
Mumbai, Feb 7: The Indian equity market failed to hold on to early gains made on the back of the Reserve Bank of India’s (RBI) suprise...
New Delhi, Feb 7: In a surprise move that could bring down home and auto loans, the RBI on Thursday went the whole hog by not...
Mumbai, Feb 6: Expectations of rate cut in the Reserve Bank of India (RBI)’s bi-monthly monetary policy outcome due on Thursday, along with some healthy quarterly...
Mumbai, Feb 5: Caution over RBI’s rate-decision along with high crude oil price subdued the Indian equity indices on Tuesday. However, healthy gains in the global...
New Delhi, Jan 31 : Three public sector lenders have been permitted to exit the Reserve Bank of India’s prompt corrective action framework. The RBI has...
Mumbai, Jan 24: Deutsche Bank India CEO Ravneet Singh Gill has been named the new MD and CEO of Yes Bank with effect from March 1....
Kathmandu, Jan 21: Nepal’s central bank has announced the ban of Indian currency notes with denominations above Rs 100. The Nepal Rastra Bank (NRB) on Sunday...
New Delhi, Jan 17 While concerns of liquidity, coupled with declining inflation, may have prompted the industry to expect a rate cut in RBI’s Monetary Policy...
New Delhi, Jan 17: Alleging links between NSA Ajit Doval’s son Vivek opening a hedge fund in the Cayman Islands soon after demonetisation and an increase...
Mumbai, Jan 8 Continuing its efforts to improve the safety of card transactions, the Reserve Bank of India (RBI) on Tuesday extended the use of tokenisation...
Mumbai, Jan 8: The Reserve Bank of India (RBI) on Tuesday appointed Infosys co-founder Nandan Nilekani as the Chairman of a five-member committee to accelerate digitisation...
"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...
Mumbai, Dec 14: The key Indian equity indices closed flat after trading in a narrow range on Friday tracking weakness in Asian and European markets over...
New Delhi, Dec 13 : Attacking the Narendra Modi government over its differences with RBI Governor Urjit Patel who resigned on Monday midway through his term,...
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...
New Delhi, Dec 12: Former Economic Affairs Secretary Shaktikanta Das on Wednesday assumed charge as the new Reserve Bank of India (RBI) Governor. The appointment took...
Mumbai, Dec 12: Shaktikanta Das on Wednesday assumed charge as the 25th Governor of the Reserve Bank of India. “Assumed charge as Governor, Reserve Bank of...
New Delhi, Dec 10: Senior Congress leader Ahmed Patel on Monday said that the forced exit of RBI governor Urjit Patel is a blot on India’s...
Mumbai, Dec 5: Broadly negative global cues as well as disappointment over the Reserve Bank’s monetary policy announcement dragged the key Indian equity indices to end...
New Delhi, Dec 5: The monetary policy committee of Reserve Bank of India (RBI) on Wednesday kept its repo rate unchanged at 6.5 per cent for...
Mumbai, Dec 3 :The RBI is expected to keep its key interest rate unchanged at its penultimate monetary policy review of the fiscal on Wednesday at...
Today, institutions speak not for the rule of law, but for those who rule, unconcerned with the law.
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...
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...
New Delhi, Nov 19 : The Reserve Bank of India has decided to form a panel that would review the economic capital framework, which governs the RBI’s...
Mumbai, Nov 19: Key equity indices jumped amid bets the government and the Reserve Bank of India will bury their differences at a crucial central bank...
Mumbai, Nov 16: Indian companies’ investment in their overseas ventures continued to be less than the year-ago period for the 19th month in a row as it...
New Delhi, Nov 12: In a scathing attack, the Congress on Monday said that as elections are nearing, the Narendra Modi government is planning to loot...
New Delhi, Nov 6: In a sharp attack, Congress President Rahul Gandhi on Tuesday said that Prime Minister Narendra Modi needs Rs 3.6 lakh crore from the Reserve...
Nov 3 :Andhra Pradesh Finance Minister Yanamala Rama Krishnudu on Sunday has called Prime Minister Narendra Modi an anaconda that has swallowed all the institutions like CBI,...
Mumbai, Nov 1: India’s barometer indices ended largely flat in Thursday’s trade marked by volatility, as investors remained cautious ahead of a key economic data and as...
The government should restrict its role to deciding on policy and monitoring the performance of banks. It has to decide to do this reform.
New Delhi, Oct 31: Senior Congress leader Ahmed Patel on Wednesday took a jibe at the Narendra Modi government saying that Sardar Patel’s legacy draws from...
New Delhi, Oct 31: Amid spat between the RBI and the Narendra Modi government, the Finance Ministry Wednesday said that the autonomy for the central bank “is...
New Delhi, Oct 31: Former Finance Minister P. Chidambaram expressed concern on Wednesday on reports that the government had invoked a hitherto unused section of the RBI...
New Delhi, Oct 30: Sharpening its attack on Finance Minister Arun Jaitley, the Congress on Tuesday accused the government of trying to destroy autonomous institutions like the...
Kolkata, Oct 29: Days after RBI Deputy Governor Viral Acharya spoke on the need for the central bank’s autonomy, the RBI Employees Association on Monday came out...
Mumbai, Oct 5: Belying market expectations of a rate hike, the Reserve Bank of India (RBI) on Friday held its key lending rates intact on the back...
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...
Mumbai, Oct 4: Caution ahead of a likely hike in key lending rates by the Reserve Bank of India (RBI), along with a weak rupee and high...
Mumbai, Oct 3: Amidst a weak rupee and a likely hike in interest rates by the Reserve Bank of India (RBI), the key Indian equity indices closed...
Mumbai, Oct 3 The Reserve Bank of India is widely expected to increase its repurchase rate by 25 basis points (bps) when it unveils the monetary...
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...
Mumbai, Sep 28 (IANS) The Reserve Bank of India (RBI) is expected to hike its key lending rate by 25 basis points in October, a SBI...
Besides the US dollar, FCAs consist of nearly 20-30 per cent of major global currencies.
Mumbai, Sep 3 (IANS) The Reserve Bank of India (RBI) on Monday asked all scheduled commercial banks with more than 10 branches to appoint an Internal...
New Delhi, Aug 29: Nearly two years after demonetisation, the Reserve bank of India (RBI) has completed the tasks of processing and verifying of the old...
New Delhi, Aug 28 : A major deadline in the process of resolving the country’s most pressing corporate and banking problem of NPAs, or bad loans,...
New Delhi, Aug 27: Referring to a Reserve Bank of India (RBI) circular, the Congress on Monday said that the State Bank of India (SBI) should declare...
New Delhi, Aug 8: The Narendra Modi government has appointed Rashtriya Swayamsevak Sangh (RSS) affiliate S Gurumurthy and Satish Marathe as part-time, non-official directors on the Reserve...
Mumbai, Aug 2: Broadly negative global cues along with disappointment over the RBI’s lending rate hike and profit booking dragged the key Indian equity indices — NSE...
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.
New Delhi, August 1: The Reserve Bank of India on Wednesday increased the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points...
Mumbai, July 21 : The Reserve Bank of India’s (RBI) announcement launching a new series of 100-rupee denomination notes has been greeted with trepidation by the...
New Delhi, July 19: The Reserve bank of India on Thursday announced that new Lavender colour Rs 100 denomination banknotes will be issued soon. “Will shortly...
"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.
New Delhi, July 13 (IANS) Indian exports in June at $27.7 billion rose by 17.57 per cent over the same month in 2017. But with higher...
New Delhi, July 12: After running into rough weather due to Aadhaar-related e-KYC issues, Airtel Payments Bank on Thursday said it has received requisite approvals from the...
New Delhi, June 13 : Senior Congress leader Ahmed Patel in a series of tweets attacked Narendra Modi Government for emptying State-owned explorer Oil and Natural Gas...
New Delhi, June 12: The Reserve Bank of India (RBI) needs more powers to oversee public sector banks (PSBs), Governor Urjit Patel told a parliamentary panel...
New Delhi, June 11: Prime Minister Narendra Modi imposed Demonetisation to curb black money and hoarding of cash by the people but on the contrary Reserve...
Kolkata, June 9: The country’s largest lender, State Bank of India (SBI), is looking at recovering more than Rs 40,000 crore of its stressed assets in the...
Mumbai, June 9: The Reserve Bank of India’s (RBI) decision to hike the repo rate by 25 basis points boosted the investor sentiments, which in turn...
Mumbai, June 7: Positive global cues and healthy buying support for banking, capital goods and metal stocks lifted the key indices of the Indian equity market on...
New Delhi, June 6: Housing and auto loans are set to become costlier with India’s central bank raising its key interest rate for the first time since...
Mumbai, June 6: The key indices of the Indian equity market made healthy gains on Wednesday as investors’ risk-taking appetite was enhanced after the Reserve Bank of...
Mumbai, June 6: Housing loan and auto loan will become dearer with the Reserve Bank of India (RBI) on Wednesday raising its key interest rate for...
Mumbai, June 5: Broadly negative global cues along with caution ahead of the RBI’s monetary policy review depressed the key Indian equity indices on Tuesday. According to...
Mumbai, June 5: Weak demand along with a rise in inflationary pressures pulled the output of the Indian service sector lower during May, macro-economic data showed on...
New Delhi, June 4: The government on Monday appointed Mahesh Kumar Jain, managing director and chief executive officer of IDBI Bank as a deputy governor at...
Market participants will follow the monsoon's progress and the rupee's movement against the US dollar for further cues, analysts opined.
Agartala/Kohima/Itanagar, May 5: The cash drought in most of the ATMs of the northeastern states has caused a lot of inconvenience for the people in the past...
New Delhi, May 2: More than 23,000 cases of fraud involving Rs 1 lakh crore have been reported in the last five years in various banks,...
Chennai, April 19: The All India Bank Employees’ Association (AIBEA) on Thursday sought Reserve Bank of India Governor Urjit Patel resignation as the central bank is...
New Delhi, April 17: RBI Governor Urjit Patel has been called by a parliamentary panel on May 17 to answer queries on banking frauds and the powers...
New Delhi, April 17: Amidst reports of a cash crunch and empty ATMs, Finance Minister Arun Jaitley on Tuesday sought to assuage fears, saying “there is more...
Mumbai, April 12: State-run IDBI Bank on Thursday said a Rs 3 crore penalty imposed on it by the Reserve Bank of India (RBI) “will not have...
New Delhi, April 10: After the Reserve Bank of India raised doubts, Private-sector lender Axis Bank said its board of directors has accepted CEO Shikha Sharma’s request...
New Delhi, April 6: The CBI on Friday questioned a former Deputy Governor of Reserve Bank of India (RBI) in connection with Rs 13,500 crore Punjab National...
New Delhi, April 5: In the first monetary policy meeting of the new fiscal year on Thursday, the Reserve Bank of India kept the repo rate...
Mumbai, April 3: At its first bi-monthly monetary policy review of the new fiscal, the RBI is expected to continue with its stance of the previous...
Mumbai, March 29: The Reserve Bank of India (RBI) said on Thursday it has imposed a penalty of Rs 58.9 crore on ICICI Bank for non-compliance of...
Mumbai, March 28: The Reserve Bank of India (RBI) has announced special measures for the transaction of central and state government business by banks handling government accounts...
Mumbai, March 23: India’s foreign exchange (Forex) reserves dropped by $152.4 million as on March 16, official data showed on Friday. The Reserve Bank of India’s...
New Delhi, March 16: The RBI’s decision to discontinue the Letters of Undertaking (LoUs) or Letters of Comfort (LoC) might increase the credit cost for imports as...
New Delhi, March 14: Reacting to RBI’s decision to scrap the system of issuing Letters of Undertaking (LoUs) and Letters of Comfort (LoC) by banks in the...
Senior, Congress leader and Rajya Sabha member Kapil Sibal on Saturday said that the country has witnessed a fraud of almost 21 thousand crores and the...
New Delhi, Feb 10: Reserve Bank of India (RBI) Governor Urjit Patel on Saturday said the central bank and the market regulator Securities and Exchange Board of...
Mumbai, Feb 5: With the annual retail inflation rate breaching the five per cent mark in December and going over the RBI’s median level of four...
New Delhi, Feb 4: The RBI should refrain from raising interest rates owing to concerns about inflation being stoked by the pro-farm sector proposals of the budget...
New Delhi, Jan 31 : Sounding a clear note of caution on rising crude oil prices pushing inflation, Chief Economic Advisor (CEA) Arvind Subramanian has toned down...
There is no mechanism to prevent the misuse of cryptocurrencies such as Bitcoin by terror groups and other anti-national elements, the government said, adding it was...
New Delhi: The government will undertake additional market borrowing of Rs 50,000 crore in the remaining period of the current fiscal to meet expenditure, according to its...
Mumbai, Dec 20: The Reserve Bank of India (RBI) has initiated “prompt corrective action” (PCA) measures against state-run lender Bank of India in the view of its...
By Taponeel Mukherjee As lenders and borrowers in India grapple with heavy debt levels, asset sales have been a strategy used to pare debt levels by...
New Delhi,, Dec 12: A sharp spurt in food and fuel prices pushed India’s annual retail inflation in November over the RBI’s median level of 4 per...
Mumbai, Dec 6: In its penultimate monetary policy review of the fiscal, the Reserve Bank of India (RBI) on Wednesday maintained status quo on its key lending...
Mumbai, Dec 4: The Reserve Bank of India (RBI) is expected to keep its key interest rate unchanged at its penultimate monetary policy review of the fiscal...
Mumbai, Dec 3: The central bank’s upcoming monetary policy review, combined with the direction of foreign fund flows are expected to drive investors’ sentiments in the equity...
(‘Note-Bandi: Demonetisation and India’s Elusive Chase for Black Money’ is an upcoming book from Oxford University Press dedicated to the “memory of Indian citizens who lost...
By Venkatachari Jagannathan Chennai, Nov 1 : The adverse impact of demonetisation on the Indian economy would be transitory, according to global and domestic credit rating agencies....
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...
Mumbai, Oct 25: The government’s Rs. 2.11 lakh crore plan to recapitalise public sector banks is a major step to restore the banking system’s health and safeguard...
New Delhi Oct 23 : While the immediate impact of demonetisation was seen in the long queues outside ATMs and felt through acute cash shortage, its...
New Delhi, Oct 21: The Reserve Bank of India (RBI) on Saturday clarified that it was the decision of the Indian government to link bank accounts with Aadhaar. The apex...
RBI is using 66 Currency Verification and Processing machines to count money returned after demonetisation. While answering a RTI the central bank also told that it...
New Delhi, Oct 4: India Inc. on Wednesday expressed its displeasure over the Reserve Bank of India (RBI)’s decision to maintain its key lending rates. “Ficci is disappointed...
Mumbai, Oct 4: Rising inflationary pressure and concerns over “fiscal slippage” prompted India’s central bank, the RBI, on Wednesday to maintain its key lending rates. According to...
Mumbai, Oct 4: The Reserve Bank of India (RBI) on Wednesday lowered the country’s growth projection for 2017-18, pegging the gross value added (GVA) to fall to...
Mumbai, Sep 29: India’s total external debt for the end-June quarter 2017 rose to $485.8 billion, from $471.9 billion reported for the end-March period, official data showed...
Mumbai, Sep 28: The Reserve Bank of India (RBI) on Thursday issued a notification regarding hike in foreign portfolio investors’ (FPIs) investment limits in government bonds for the...
New Delhi, Sep 22: Former Reserve Bank of India Governor C. Rangarajan on Friday said the package the government is looking at to boost the economy should...
Recapitalisation is a major issue for state-run banks owing to the massive non-performing assets (NPAs), or bad loans, accumulated by them and they are now exploring...
New Delhi, Sep 13: The Central government will introduce coins of Rs 100 soon to commemorate birth centenary of former Tamil Nadu Chief Minister DR Marudur...
New Delhi, Sep 9: Former RBI Governor Raghuram Rajan said that he would have resigned if the demonetisation decision was thrust on him but made it clear...
Mumbai, Sep 9: Continuing a recent trend, Indian foreign exchange reserves shot up by a massive $3.572 billion to touch a high of $398.122 billion for the...
New Delhi, Sep 8: Raghuram Rajan, former Governor of the Reserve Bank of India says he was open to staying on as Governor but the “government...
New Delhi, Sep 5: Expressing his views over note ban Former Reserve Bank of India governor Raghuram Rajan said could have long-term benefits but its short-term economic costs would...
New Delhi, Sep 5: The Reserve Bank of India has no information on the amount of unaccounted or black money that was eliminated post demonetisation. The apex bank...
By Meghna Mittal New Delhi, Sep 3: While the RBI launched the 200-rupee note a week ago, it may take up to three months for ATMs to...
New Delhi, Sep 3: The slowdown of credit growth in India is not the fallout of state-run banks attempting to resolve their massive non-performing assets (NPAs), or...
New Delhi, Sep 3: While the RBI launched the 200-rupee note a week ago, it may take up to three months for ATMs to start dispensing the...
New Delhi, Sep 2, 2017: After the Reserve Bank of India (RBI) revealed that 99 percent of the scrapped currency notes came back into the bank...
New Delhi, Aug 31: The Reserve Bank of India (RBI) spent too much high amount of Rs 7,965 crore as compare to Rs 3,421 crore in...
New Delhi, Aug 31, 2017: Terming demonetisation as the “biggest scam”, Senior Congress leader Anand Sharma on Thursday launched a scathing attack on Prime Minister Narendra...
New Delhi, Aug 31: The Reserve Bank of India (RBI) in its annual report revealed as many as 762,072 pieces of counterfeit currency notes were detected in...
New Delhi, Aug 31, 2017: The opposition parties on Wednesday launched a scathing attack on Narendra Modi led-BJP government after the Reserve Bank of India revealed...
New Delhi, Aug 30: Reacting strongly to the RBI annual report, former finance minister P Chidambaram questioned RBI annual report, was demonetisation a scheme designed to convert...
New Delhi, Aug 30: The government has no plan to reintroduce Rs 1,000 notes that were taken out of circulation by the demonetisation last November, a senior...
New Delhi, Aug 25: The first tranche of newly introduced Rs 200 denomination may not be available through ATMs because they will have to be recalibrated to accommodate the...
New Delhi, Aug 25: To amplify the circulation of lower denomination, the Reserve Bank of India issued new currency note of Rs 200 on Friday. People queue up...
Kolkata, Aug 24: In a bid to strengthen the retail loans portfolio, the private lender Bandhan Bank is focusing on gold loans along with affordable housing segment,...
New Delhi, Aug 18: The reserve bank of India on Friday announced that it will shortly issue new currency notes of Rs 50 in the Mahatma...
Finance minister Arun Jaitley on Thursday tabled the Banking Regulation (Amendment) Bill, 2017 in Rajya Sabha which seeks to amend the Banking Regulation Act, 1949 and...
Demonetisation turns out to be a bane for government as its dividend halves this year as compared to last year. RBI has only transferred a sum...
New Delhi, Aug 9, 2017: Though demonetisation had some positives, former Reserve Bank of India (RBI) Governor Bimal Jalan says he would not have approved it...
Mumbai, Aug 2: Subdued inflation and demand prompted India’s central bank, the RBI, on Wednesday to reduce its key lending rate by 25 basis points (bps). According...
Mumbai, Aug 1: With latest macro-economic data showing inflation at a record low and fall in factory output, the Reserve Bank of India (RBI) is expected to...
New Delhi, July 30: Ahead of the Reserve Bank of India’s (RBI) forthcoming monetary policy review next week, industry chamber Assocham has on Sunday urged the apex...
New Delhi, July 26: The Reserve Bank of India has stopped printing higher value currency notes of Rs 2000, would not be bringing new notes of that...
New Delhi, July 24: Finance Minister Arun Jaitley introduced a bill where Reserve Bank of India get the authority to direct banks to initiate recovery proceedings...
New Delhi, July 20 : The Reserve Bank of India will issue new notes of Rs 20 in the Mahatma Gandhi Series soon, while old ones...
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 of India. RBI issued its quarterly House Price...
New Delhi, July 17: Indian banks have witnessed a 142 per cent hike in default by students during the past few years, who failed to recover...
New Delhi, July 13 : Congress Vice President Rahul Gandhi poked fun at RBI Governor Urjit Patel over his remarks that the scrapped notes deposited after...
"RBI buying note counting machines eight months after demonetisation! Has the RBI not heard of 'leasing'," Chidambaram tweeted.
New Delhi, July 13: The State Bank of India (SBI) reduced charges for National Electronic Funds Transfer (NEFT) and Real Time Gross Settlement (RTGS) transactions upto...
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...
New Delhi, July 7: Mastermind of fake coins Upkar Luthra has been arrested from Kondli in haryana. Deputy Commissioner of Police Sanjeev Kumar Yadav said Upkar,...
New Delhi, July 4: Reserve Bank of India is all set to introduce a new Rs 200 note soon as the printing order for the new currency has...
New Delhi, July 4 : In a bid to ease troublesome for genuine people who couldn’t able to deposit old currency notes, the Supreme Court asked centre...
New Delhi, July 3 :While the government has been pushing people to go online when it comes to banking, the branch still continues to dominate banking...
Mumbai, June 23: Widening the scope of its Banking Ombudsman Scheme, the Reserve Bank of India (RBI) has included complaints relating to mis-selling and mobile banking in...
Mumbai, June 22 : The Reserve Bank of India (RBI) on Thursday advised commercial banks to provide adequate transaction details in the passbooks of account holders....
The role of interest rate in Indias growth is grossly underplayed. The movement of interest rates has been strongly linked to episodes of high growth and...
Mumbai, June 21: The Shiv Sena on Wednesday claimed credit for the central government granting permission to the Reserve Bank of India (RBI) to accept the demonetised...
New Delhi, June 21: In a significant move, the government on Tuesday allowed the RBI to accept demonetised notes of Rs 500 and Rs 1,000 received by...
New Delhi, June 16, 2017: Following its identification of 12 accounts responsible for 25 per cent of the non-performing assets (NPAs) of banks in the country,...
Mumbai, June 15: The Reserve Bank of India (RBI) took “prompt corrective action” (PCA) on Central Bank of India for its high non-performing assets (NPAs) and...
June 13, Tuesday : The Reserve Bank of India introduced new batch of Rs 500 notes on Tuesday with inset letter “A”. However, old banknotes of Rs...
New Delhi, June 12, 2017: Plagued by huge bad loans problem, the government on Monday said the Reserve Bank of India (RBI) is in an advanced...
Mumbai, June 7 : The Reserve Bank of India’s Monetary Policy Committee had turned down the Finance Ministry’s invite for a discussion ahead of the panel’s...
June 7, Wednesday : The Reserve Bank of India has kept repo rate unchanged at 6.25 per cent while reverse repo rate unchanged at 6 percent. The...
Mumbai, May 27: According to Reserve Bank of India (RBI) data, Indian firms’ external commercial borrowings (ECBs) in April went high more than three-fold to $1.30 billion...
Mumbai/Singapore, May 12: Hailing the ordinance empowering the RBI to initiate insolvency process against top defaulters, international ratings agency Fitch Ratings has said India was making...
New Delhi, May 5: In wake of the ordinance promulgated on Friday empowering the Reserve Bank of India (RBI) to tackle bad loans, the central bank revised...
New Delhi, May 5: An ordinance empowering the Reserve Bank of India (RBI) to tackle bad loans of banks was passed by the Presidential nod on Friday....
Lucknow, April 28: People in Uttar Pradesh and in neighbouring Uttarakhand are facing a shortage of cash in banks and ATMs, six months after the old currency...
April 20, New Delhi: The parliamentary Standing Committee has yet again summoned RBI Governor Urjit Patel on May 25 over demonetisation issue. In the last meeting that...
Mumbai, April 18: The Reserve Bank of India on Tuesday cautioned about loans given to companies in sectors in difficulty such as telecom and may witness...
New Delhi, April 7: The social media is abuzz with the picture of new Rs 200 note. Just a few days before, Livemint had reported that...
New Delhi, April 6: Indian equity markets on Thursday recovered marginally to trade on a flat-to-negative note after the Reserve Bank of India (RBI) maintained status...
Mumbai, April 6: The Reserve Bank of India (RBI) in its first bi-monthly monetary policy review of 2017-18 on Thursday kept its key lending rate (repo...
Mumbai, April 4: The Reserve Bank of India (RBI) is expected to maintain its key lending rates at its first bi-monthly monetary policy review of this...
New Delhi, March 4: The Reserve Bank of India has cleared a proposal to introduce new domination of Rs200 currency notes reported Mint on Monday. As per...
Mumbai, March 31: The RBI needs to print an additional Rs 1.15 lakh crore-worth of currency notes to reach a level of optimal remonetisation, with Rs...
Mumbai, March 29: The Indian rupee during early morning trade on Wednesday broke the 65-mark and touched a 17-month high since October 2015. At around 2.00...
New Delhi, March 27: The Reserve Bank of India (RBI) has yet again refused to reply an RTI related to decision by the central bank regarding...
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...
Mumbai, March 25: The Reserve Bank of India (RBI) has asked all agency banks — all public sector banks and some private banks — to remain...
New Delhi, March 21, 2017: The Supreme Court of India on Tuesday issued notices to the Central government and Reserve Bank of India (RBI) asking them...
New Delhi, March 18: While Indian government is extensively promoting digital India, it is yet to steer clear security challenges on the way. As per government’s response...
Mumbai, March 14: Putting at rest the Sovereign Gold Bonds (SGBs) investors’ worries over the pending dematerialisation (demat) of their allotted bonds, the RBI on Tuesday announced...
New Delhi, March 10, 2017: Union Finance Minister Arun Jaitley today said the cost of remonetisation will be known once the ongoing process is completed. He...
New Delhi, March 10, 2017: Finance Minister Arun Jaitley will hold a meeting on Friday with Reserve Bank of India (RBI) governor Urjit Patel and other...
Mumbai, March 9: The Reserve Bank of India (RBI) on Thursday announced that it will shortly issue new Rs 10 denomination currency notes while clarifying that the...
New Delhi, March 4: A sharp fall is recorded in cash transactions in February 2017 reflecting public’s endurance for cash payments against digital transaction. Post demonetisation, Modi...
March 3: Virtual currencies like Bitcoin are all the rage in FinTech, and could potentially transform global commerce in the years ahead. Users are adopting them...
New Delhi, Jan 22, 2017: Clearing the speculations over Rs 1000 rupee notes comeback, Economic Affairs Secretary Shaktikanta Das on Wednesday said ‘the government has no...
New Delhi, February 11: The Reserve Bank of India on Saturday said it needs to be careful on divulging the post-demonetisation deposit amount as the figure needs...
Mumbai, February 8: Three months after demonetisation, RBI on Wednesday announced that cash withdrawal limits from bank accounts would be completely eased off from March 13. The central...
Mumbai, Feb 8, 2017: Indian equities markets on Wednesday tumbled as the Reserve Bank of India (RBI) decided to keep its key lending rate unchanged at...
New Delhi, February 8: Presenting Sixth Bi-monthly Monetary Policy Statement, 2016-17 today, RBI kept the repo rate and reverse repo rate unchanged at 6.25 percent and 5.75 percent...
As a result of the surge in bank deposits following the recent demonetisation of high-value currency, lending rates have fallen by up to 1 per cent.
New Delhi, February 3: Finance Minister Arun Jaitley, during his budget speech on Wednesday, provided a glimpse into the number of demonetised notes deposited between November...
New Delhi, Feb 1, 2017: Emphasising the need for greater transparency in political funding, Finance Minister Arun Jaitley on Wednesday said the maximum amount of cash...
New Delhi, January 30: The RBI on Monday lifted its curbs on withdrawals from current accounts, cash credit accounts and overdraft accounts with immediate effect. The...
New Delhi, Jan 28: Reserve Bank of India dismissed Election Commission’s appeal to relax weekly cash withdrawal limits for poll expenses meaning that candidates who are contesting...
Mumbai, January 24: Seventy-five days have passed and figures to support Modi government’s demonetisation drive are yet to kicked in. In the latest development, the Reserve...
New Delhi, January 20: Reserve Bank of India Governor Urjit Patel on Friday assured the Public Accounts Committee (PAC) that the cash crunch following November 8...
New Delhi, January 19: Cementing earlier claims that referred to money laundering by influential people in rural banking sector via cooperative banks, the Income Tax Department has...
New Delhi, Jan 19, 2017: Former Prime Minister Manmohan Singh on Wednesday defended the Reserve Bank of India (RBI) Governor Urjit Patel by suggesting to him...
New Delhi, Jan 18: Reserve Bank of India (RBI) Governor Urjit Patel on Wednesday appeared before a Parliament panel to explain the concerns over demonetization and he...
New Delhi, Jan 18, 2017: In the wake to protest against the failure to lift the weekly cash withdrawal limit of Rs. 24,000 even after two and...
New Delhi, Jan 16: The Reserve Bank of India (RBI) on Monday hiked the daily ATM withdrawal limit from Rs 4,500 to Rs 10,000 and the weekly...
New Delhi, Jan 14: Amid the resentment expressed by employee union of Reserve Bank of India (RBI) against government’s interference in central bank’s affairs, Finance Ministry on...
New Delhi, January 11: RBI Governor Urjit Patel on Wednesday urged Indian government to suppress central as well as state borrowing as government debt to GDP...
New Delhi, January 10: Former Reserve Bank of India Governor Y V Reddy expressed his deep concerns regarding the current state of affairs at the central...
