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According to him, an efficient domestic supply chain becomes critical in such circumstances.
The Governor also said that currently there is growing disconnect between the movements in certain segments of financial markets and real sector activity.
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.
Solicitor General Tushar Mehta, representing the Centre, contended before the bench that he would consult the finance ministry and file a response to both the questions....
Instead of focusing on the economy, the Modi government has pushed its divisive agenda
New Delhi, May 26 : The Supreme Court on Tuesday issued notice to the Centre and Reserve Bank of India on a plea challenging the levy...
"We estimate the fiscal cost of this package at 1.2 per cent of GDP, which is lower than what we had assumed in our earlier estimate...
Slamming the Rashtiya Swayamsewak Sangh (RSS), Chidambaram said, "RSS should be ashamed of how the government has dragged the economy into negative growth territory."
Further, in a big relief to the corporate sector the RBI on Friday allowed a three-month extension of moratorium on payment of instalment with respect to...
According to RBI, the bank is not in a position to pay its present and future depositors.
New Delhi, April 17 Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday announced a 90-day extension for the resolution period for large stressed assets...
Mumbai, March 27 The Reserve Bank of India (RBI) on Friday massively reduced the key lending rates in response to the COVID-19 outbreak. Accordingly, the Monetary...
Mumbai, March 27 The Indian stock market witnessed a gap-up opening on Friday and the Sensex traded over 1,100 points higher of hopes of further relief...
Bhubaneswar, March 8 Odisha Finance Minister Niranjan Pujari has requested Union Finance Minister Nirmala Sitharaman to instruct the Reserve Bank of India (RBI) to allow release...
The Minister said she will speak to RBI Governor to see depositors don't face any cash crunch and the priority is safety of the depositors' money...
Prashant Kumar, ex-DMD & CFO of SBI appointed as the administrator.
The departments of currency management, information technology and foreign exchange will be looked after by B.P. Kanungo.
New Delhi, Dec 6 : Even as many see the RBI’s pause on repo rate as a setback for the growth, some economists argue that any...
BHUBANESWAR, Oct 26: A general manager of the Reserve Bank of India’s (RBI) Guwahati branch allegedly committed suicide by hanging himself at a hotel in Odisha’s...
On Friday, 83-year old Murlidhar Dhara of Mulund in north-east Mumbai died after he was unable to withdraw money for a heart surgery.
Mumbai, Oct 12 Indian banks credit growth rate, for the first time this fiscal, slowed to single digit at 8.8 per cent to Rs 97.71 lakh...
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...
Outstanding loans rose Rs 596.53 trillion ($8.40 billion) from a fortnight earlier to Rs 97.71 trillion as on September 27.
Quoting former Chief Economic Advisor (CEA) Arvind Subramanian, she said the actual GDP is less than 5 percent.
Chandrakant Salunkhe, Founder and President, SME Chamber of India said that banks are not passing on the benefits of lower repo rate and it was a...
According to the bank, the Reserve Bank has advised it on the restrictions imposed and the actions to be taken.
In a sudden move on September 24, the RBI had barred the PMC Bank from carrying out almost all its routine banking activities in view of...
New Delhi, Sep 25 : A day after the Reserve Bank of India (RBI) put severe curbs, including restrictions on cash withdrawals, on the Punjab and...
Mumbai, Sep 24 The Reserve Bank of India has placed the Punjab & Maharashtra Cooperative Bank Ltd, Mumbai from carrying out any kind of business transactions,...
New Delhi, Sep 10 : According to Reserve Bank of India’s data a total of 2,480 cases of fraud in public sector banks involving more than...
Mumbai, Sep 6 India’s foreign exchange reserves declined by $446 million during the week ended August 30, official data showed on Friday. According to the Reserve...
According to Kotak, optically, the excess provision transfer of Rs 52,300 crore, as well as the Rs 54,000 crore of higher dividend, will seem positive for...
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...
Mumbai, Aug 26 (IANS) Global investors have shown appetite for rupee denominated assets in recent times and this trend needs to be strengthened further by policy...
The study has suggested, said the union, compared with other central banks (taking into account the value at risk) the core capital of the RBI is...
The RBI issued the new NPA recognition and resolution guidelines on June 7 after the Supreme Court had, in April, declared the earlier one issued on...
Mumbai, Aug 14 The Reserve Bank of India (RBI) on Wednesday clarified that those transactions which fail on account of technical and other specified reasons shall...
Mumbai, Aug 14 (IANS) The Reserve Bank of India (RBI) on Wednesday clarified that those transactions which fail on account of technical and other specified reasons...
In response, Sibal suggested that WhatsApp should submit compliance report to RBI, and RBI can submit a compliance affidavit before the Supreme Court.
The downtrend has hit sectors, like FMCG, automobile and aviation, the hardest.
Bengaluru, July 23 (IANS) An increase in government borrowing can risk flooding the debt market while making it expensive for companies to borrow, outgoing Reserve Bank...
New Delhi, July 7 Public sector lender Punjab National Bank said it has detected a fraud of more than Rs 3,800 crore by Bhushan Power &...
New Delhi, July 5 (IANS) The central government expects to get a massive fund influx from the Reserve Bank of India as dividends in 2019-20. Accordingly,...
Mumbai, June 24 (IANS) RBI Deputy Governor Viral Acharya’s resignation on Monday did not surprise many. Market sources said it was expected, given his views on...
"Overall, there is clear evidence of economic activity losing traction, with the GDP growth in Q4 (fourth quarter) 2018-19 slowing down to 5.8 per cent,"
Ahmednagar (Maharashtra), June 19 (IANS) The Reserve Bank of India (RBI) on Wednesday intervened to resolve the big problem of small change plaguing the famed Shri...
Jet Airways share price fell in early trade today with lenders meeting to finalise a resolution under the June 7 Reserve Bank of India mandate on...
Mumbai, June 6 : Taking a cue from global markets, the key Indian equity market indices on Thursday opened higher but immediately on commencement of trading,...
In the last 11 fiscal years, a 53,334 fraud cases were reported by banks involving Rs 2.05 lakh crore.
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...
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 24 April 26 (IANS) After being rapped by the Supreme Court, the Reserve Bank of India (RBI) is likely to withdraw its 2016...
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...
By contrast in the current interpretation of the CPI targeting framework, a sustained substantial breach of 4% may pose a narrative challenge for the RBI /...
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...
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...
New Delhi, April 16 (IANS) The National Company Law Appellate Tribunal (NCLAT) on Tuesday adjourned to April 29 the hearing on the matter of the debt-ridden...
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 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...
Congress President Rahul Gandhi on Monday announced a minimum basic income guarantee scheme, which envisages providing Rs 72,000 annually to the 20% poorest of the country’s...
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...
"Market participants committing market abuse are liable to be denied access to markets in one or more instruments for a period that may not exceed one...
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 25 : Foreign direct investment (FDI) into India in April-December 2018 declined by 7 per cent to $33.5 billion over $36 billion received...
Earlier this month, the RBI cut the benchmark interest rate by 0.25 per cent to 6.25 per cent. But PSU and private banks are yet to...
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...
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...
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...
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...
New Delhi, Jan 16 : The Reserve Bank of India (RBI) on Wednesday announced a new framework for external commercial borrowings (ECBs) and rupee-denominated bonds in...
New Delhi, Jan 13 The Reserve Bank of India (RBI) has raised a red-flag on the spike in non-performing assets (NPAs) under the government’s flagship scheme...
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...
Mumbai, Dec 31 : India’s external debt in the first-half of this fiscal fell 3.6 per cent by $19.3 billion to $510.4 billion owing to a...
Mumbai, Dec 27 : The Reserve Bank of India (RBI) has launched a survey to understand the “Retail Payment Habits of Individuals” (SRPHi). According to the...
New Delhi, Dec 26 : The Reserve Bank of India (RBI), in consultation with the Government of India (GoI) has constituted an Expert Committee to review...
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 12: Former Economic Affairs Secretary Shaktikanta Das on Wednesday assumed charge as the new Reserve Bank of India (RBI) Governor. The appointment took...
New Delhi, Dec 11: Former finance secretary and current member of the finance commission Shaktikanta Das has been appointed as the Reserve Bank of India (RBI) Governor...
New Delhi, Dec 10: Reserve Bank of India (RBI) Governor Urjit Patel on Monday resigned from his post citing personal reasons. “On account of personal reasons,...
"Through my new book, I am drawing attention to the puzzle, the big puzzle of 86 per cent reduction in cash after demonetisation, and yet the...
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, Nov 30 (IANS) India’s foreign exchange (forex) reserves declined by $795 million during the week ended November 23, official data showed on Friday. According to...
Mumbai, Nov 19 : The Reserve Bank of India (RBI) would inject Rs 8,000 crore into the market by purchasing government securities on November 22, 2018....
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 14 :Yes Bank on Wednesday said that its non-executive independent part-time Chairman Ashok Chawla has resigned with immediate effect. “Yes Bank announces that...
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 : Congress President Rahul Gandhi on Tuesday urged Reserve Bank of India Governor Urjit Patel to stand up to the government that...
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...
Media reports have portrayed the differences between the government and the Reserve Bank of India (RBI) as a face-off, or worse still, as attempts by the...
The major tussle between Reserve bank of India (RBI) and the Modi government includes the proposal of the Finance ministry that has asked the RBI to...
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 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...
In the week gone by, the rupee touched a fresh low of over 74 to a US dollar in the spot market. It settled at a...
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...
Mumbai, Oct 4 : The rupee crashed to a new all-time low of 73.77 against the US dollar on Thursday thus plunging the Sensex by over...
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...
Mumbai, Sep 18 : The Reserve Bank of India (RBI) should intervene in both spot and forward markets to arrest Indian rupee’s depreciation, suggested a State...
Mumbai, Sep 10 : Indian rupee tumbled to a new record low of 72.67 against the US dollar on Monday amid expectation of higher overall inflation...
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 31: Senior Congress leader P Chidambaram on Friday attacked the Narendra Modi- led central government over demonetisation after the Reserve Bank of India in...
New Delhi, Aug 28 : Attacking Narendra Modi, Senior Congress leader Kapil Sibal said Demonetisation has not yielded any results which were specifically mentioned by Prime Minister ...
The RBI report on demonetisation was a "damning indictment of the macro-economic management of the country".
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 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, August 27 : The Supreme Court today issued a notice to messaging service provider WhatsApp as well as to IT and Finance ministry and sought...
Mumbai , Aug 11: The State Bank of India (SBI) on Friday posted a net loss of Rs, 4,876 crore in the first quarter ended on...
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 31: Healthy quarterly earnings results and expectations of a dovish monetary policy aided the key Indian equity indices to pare their initial losses and end...
Mumbai, July 31 : The Reserve Bank of India is slated to announce its third bi-monthly monetary policy review statement on August 1. With retail inflation in...
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...
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...
Mumbai, June 26: The gross non-performing assets (GNPAs), or bad loans, ratio in the Indian banking system is likely to rise from 11.6 per cent in...
According to the RBI data, the CAD for last fiscal widened to 1.9 per cent of the GDP (Gross Domestic Product) from 0.6 per cent in...
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...
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...
RBI imposed strict know-your-customer (KYC) norms on all digital platforms with a last date of February 28. Customers have found it convenient to shift to cash...
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,...
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 5 (IANS) The CBI on Thursday questioned four Reserve Bank of India (RBI) officials in connection with Rs 13,500 crore Punjab National Bank...
Mumbai, April 5 (IANS) In a bid to protect consumers and curb evils like money laundering, the RBI on Thursday barred all regulated entities, including banks,...
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...
New Delhi, March 21: In yet another fraud played on banks, a Chennai-based jeweller Kanishk Gold Pvt Ltd (KGPL) has been accused of defrauding a consortium...
New Delhi, March 6: The Congress on Tuesday said the allegations levelled by the BJP against former Union Finance Minister P. Chidambaram of favouring select private...
The higher target came in place of the 3.2 per cent -- or Rs 5.46 lakh crore -- for the current fiscal announced earlier.
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...
New Delhi, Feb 6: The Indian Income Tax Department has issued about one lakh notices to people who have invested in cryptocurrencies like Bitcoin without declaring...
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 5: The Reserve Bank of India on Friday introduced new Rs 10 banknotes in the Mahatma Gandhi (New) Series. The central bank will...
Mumbai : The Reserve Bank of India (RBI) had printed high denomination notes worth Rs 15,78,700 crore as on December 8, of which Rs 2,46,300 crore has...
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 Nikhil Arora One obviously reads how social media and technology have the power to breed beliefs only qualifiable as post-truth. Rare have been occasions when...
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 : International ratings agency Fitch on Monday lowered the country’s GDP growth projection for 2017-18 to 6.7 per cent. According to Fitch’s December Global Economic Outlook...
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...
New Delhi, Nov 25: The issue price of the next offering of the Sovereign Gold Bond (SGB) scheme opening on Monday has been fixed at Rs 2,961...
New Delhi, Nov 15: Former Reserve Bank of India (RBI) Governor Raghuram Rajan may have stopped making headlines every other day but his tenure is enough inspiration...
When Raghuram Rajan, former governor of the Reserve Bank of India (RBI), cautioned the government against demonetisation, saying short-term economic costs would outweigh long-term benefits, he...
New Delhi, Nov 3 : The Reserve Bank of India’s (RBI) move to direct banks to take the major debt defaulters through the route of insolvency in...
By Bappaditya Chatterjee and Venkatachari Jagannathan Kolkata/Chennai, Nov 2 : As bank customers suffered by waiting in long queues to withdraw their money from November onwards last...
Mumbai, Oct 28: In what could be a bizarre situation, the Reserve Bank Of India (RBI) does not seem to have any official records to prove that...
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...
New Delhi, Oct 9: The Reserve Bank of India has recently conducted a series of surveys which revealed that perceptions of people economic situation of the country remained...
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: With the Reserve Bank of India (RBI) expected to keep interest rates at a seven-year low on Wednesday, investors will parse its commentary to assess...
Mumbai, Oct 2, 2017: The Reserve Bank of India (RBI) is expected to keep its key interest rate unchanged in its next monetary policy review on...
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 16: Union Finance Minister Arun Jaitely will launch Google’s Unified Payments Interface (UPI)-based digital payment service called “Tez” on Monday. “FM Shri @arunjaitley to...
NEW DELHI : India’s consumer price inflation rose more than expected to a five-month high in August, fuelled by strong gains in prices of food items,...
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...
New Delhi, Sep 5: Hitting out at Prime Minister Narendra Modi, the Congress on Monday termed demonetisation a “Modi-made disaster” and demanded he apologise to the nation...
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 30 : Opposition parties on Wednesday lashed out at the government after the RBI’s annual report revealed low efficacy of November 8 demonetisation,...
New Delhi, Aug 30: The Reserve Bank of India (RBI) on Wednesday revealed Rs 15.28 lakh crore of the Rs 15.44 lakh crore demonetised currency returned to the...
New Delhi, Aug 30, 2017: The Reserve Bank of India (RBI) is reportedly sent the second list of defaulters companies to the banks for taking it...
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 11 (PTI) Taking a potshot at the government over demonetisation, former Finance Minister P. Chidambaram on Friday said another Rs 50,000 crore should...
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 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...
As the apex bank insisted that it could not make public the names of big defaulters, the court asked it to file an affidavit on the...
One-time adjustment has been done even in the past but in this case the quantum of debt gone bad is huge and it will take at...
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...
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....
Mumbai, June 22 : The Reserve Bank of India (RBI) on Thursday said it has reconstituted the “Overseeing Committee (OC)” formed to look at the stressed...
New Delhi, June 16: Reserve Bank of India (RBI) finds 12 accounts with 25 per cent of non-performing assets (NPAs). It has no plans for new list...
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...
New Delhi, May 11: As many as 60.5 lakh taxpayers have been enrolled under the Goods and Services Tax (GST) in the first phase out of a...
New Delhi, April 27, 2017: The Reserve Bank of India (RBI) is set to issue new Rs 10 and Rs 5 coins in circulation. According to...
New Delhi, April 18: Finance Minister Arun Jaitley will on Wednesday leave for a five-day visit to the US to attend the Spring Meetings of the International...
New Delhi, April 11 The Reserve Bank of India (RBI) is still calculating and taking stock of the currency that was returned to banks post demonetisation,...
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...
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...
Chandigarh, April 6 The central government has released an amount of Rs 17,994.21 crore towards Cash Credit Limit (CCL) for Punjab’s Rabi (wheat) procurement, a state...
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...
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 13 : All limits on savings bank cash withdrawals post-demonetisation ended on Monday, as had been announced by the Reserve Bank of India (RBI) last...
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, Feb 10 Former Finance Minister and senior Congress leader P. Chidambaram on Friday said that a five-page letter speaking against demonetisation was submitted to...
Various employee unions of the central bank have objected to the government "impinging on RBI autonomy" and have written to Patel to take action against the...
New Delhi, Jan 14, 2017: Despite the Reserve Bank of India dismissing reports that suggested 97 per cent of the demonetised currency had returned to the...
Mumbai, Jan 14, 2017: The association representing employees and officers of the Reserve Bank of India (RBI) on Friday wrote to governor Urjit Patel, expressing their...
New Delhi, January 10: The awe and shock of demonetisation, continues. The Shock therapy used by Prime Minister Narendra Modi on November 8 turns out to...
New Delhi, Jan 8: The Public Accounts Committee (PAC) under the command of Senior Congress leader K.V. Thomas has told Reserve Bank of India (RBI) Governor Urjit...
Kathmandu, January 6: Nepal’s central bank will get Rs 1 billion in Rs 100 denomination Indian notes from its Indian counterpart by the end of this...
Jan 6: Congress MP Shashi Tharoor along with other leaders was detained on Friday by Kerala police and was released later. They were protesting against Demonetization outside...
New Delhi, Jan 4: Former Finance Minister P Chidambaram on Wednesday said that the government has virtually taken over the Reserve Bank of India’s (RBI) role. He...
SBI's decision to reduce its benchmark lending rate by 0.9 per cent will also trigger cuts across other banks.
New Delhi, December 28: The Appointments Committee of Cabinet has approved an appointment of Viral V. Acharya, Economics Professor at a US University as RBI Deputy Governor....
New Delhi, December 22: Amid highs and lows of remonetising the demonetised Rs 500 and Rs 1000 old notes which totaled more than 86 % of...
Mumbai, Dec 21, 2016: The Reserve Bank of India today said it has imposed the monetary penalty on five foreign banks for violation of its instructions...
Delhi, 21 December: In a yet another flip-flop, Reserve Bank of India has issued an official notification to withdraw Rs 5000 deposit restriction imposed on December 19 for KYC...
Agartala, Dec 21: The Tripura Gramin Bank (TGB) has posted a net profit of Rs 43.95 crore, the highest among the regional rural banks (RRBs) in...
New Delhi, Dec 20: Finance Minister Arun Jaitley on Monday night cleared the confusion regarding Reserve Bank of India’s (RBI) announcement regarding depositing the demonetized currency that no...
Mumbai, Dec 9 : The Reserve Bank of India is the repository of all information regarding currency printing and circulation. Therefore, the details given by senior officials...
New Delhi, Nov 30 : The queues outside the Reserve Bank of India (RBI) are getting longer as banks are not accepting the old Rs 1,000 notes...
New Delhi, November 7: Images of pink and white Rs 2000 notes are making a buzz on twitter as a new RBI currency denomination being introduced...
New Delhi, October 25: Uncovering the darkest secret of the banking sector, the Supreme Court on Monday revealed that, only a mere number of “57 debtors”...
New Delhi, October 4: In a maiden policy announcement as RBI Governor, Urjit Patel’s chaired central bank’s fourth bi-monthly policy statement here for the year 2016-17 and announced...
Chennai, Sep 17, 2016: The Reserve Bank of India (RBI) on Saturday announced that India’s foreign exchange reserves went up to $371.27 billion as on September...
New Delhi, Sep 16, 2016: In the wake to review quarterly performance of state-run banks, Finance Minister Arun Jaitley is going to look into it here on...
India’s foreign exchange reserves went up to $367.76 billion as on September 2, the Reserve Bank of India (RBI) anounced. According to data released by the...
Urjit Patel has taken over the charges as Governor of Reserve Bank of India after the prosper Raghuram Rajan completes his three-year term on Sunday. Patel,...
The government appointed Urjit R. Patel as the new RBI Deputy Governor of the central bank. The government on Monday said that the new governor should...
Outgoing Reserve Bank of India (RBI) governor Raghuram Rajan emphasised on improving governance in public sector banks. He said the task of appointing top executives and...
The government has narrowed down its list of candidates to become the next governor of the Reserve Bank of India to four, a senior government official...
Bengaluru, June 22 : Slowdown in credit growth has been largely because of stress in the public sector banking and not due to high interest rates, Reserve...
Bengaluru, June 22 : Outgoing Reserve Bank of India (RBI) Governor Raghuram Rajan on Wednesday said India should see China as an inspiration and not competition. “We...
Bengaluru, June 22 : Outgoing Reserve Bank of India Governor Raghuram Rajan on Wednesday said that education loans should be made flexible to the borrower. “What a...
Bengaluru, June 22 : The government should infuse capital in state-run banks to enable them to support credit growth, Reserve Bank of India (RBI) Governor Raghuram Rajan...
Reserve Bank of India (RBI) Governor Raghuram Rajan on Saturday said despite two droughts and a weak international market scenario, the Indian economy has recorded 7.5...
Jammu and Kashmir Chief Minister Mehbooba Mufti on Saturday sought Reserve Bank of India’s (RBI) support for youth empowerment in the state, while urging premier banking...
Reserve Bank of India on Tuesday slashed the Repo rate by 25BPS, down from 6.75% to 6.50%. While RBI keeps CRR unchanged at 4%. Wefornews Bureau
Reserve Bank of India (RBI) Governor Raghuram Rajan on Saturday kept the cards close to his chest on possible easing of monetary policy with rate cuts,...
The Supreme court on Tuesday asked the Reserve Bank of India to submit a list of the companies which are in default of loans by the...
Ahead of the federal budget for the next fiscal, India’s central bank on Tuesday kept its key lending rates unchanged in line with stake-holders’ expectations. The...
Mumbai, Dec 25 : India’s central bank on Friday reported that the country’s foreign exchange reserves (Forex) plunged by $1.40 billion in the week ended December 18....
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