The central bank also revised GDP growth downwards to 5 per cent for 2019-20 from 6.1 per cent projected in its October policy.
05 Dec 2019 12:08 PM
A division bench of Justice S.C. Dharmadhikari and Justice R.I. Chagala was hearing the PILs and writ petitions filed by the PMC Bank depositors.
05 Dec 2019 1:36 AM
The IHS Markit India Services Business Activity Index improved to 52.7 in November from 49.2 in October.
04 Dec 2019 11:33 AM
The economy is expanding well below the rate needed to generate enough jobs for the millions of young Indians.
03 Dec 2019 2:08 PM
Over 17 lakh shares of DHFL were traded on the NSE, while the BSE saw an exchange of 4.51 lakh shares.
02 Dec 2019 4:37 PM
The Gross Domestic Product (GDP) growth was registered at 7 per cent in the corresponding quarter of 2018-19.
29 Nov 2019 6:07 PM
The city-headquartered pureplay mortgage lender becomes the first NBFC/HFC to go for bankruptcy resolution.
29 Nov 2019 4:22 PM
RBI superseded DHFL's board and placed company under an administrator in the wake of governance issues and severe liquidity crisis.
22 Nov 2019 3:02 PM
The apex bank also stated that a largescale wrongdoing has been found in the PMC bank.
19 Nov 2019 4:19 PM
On Friday, the ministry notified the framework for dealing with systemically important FSPs, excluding banks.
19 Nov 2019 9:35 AM
GDP growth plummeted to a six-year low of 5 per cent for the June quarter and is expected to come lower for the September quarter.
14 Nov 2019 4:04 PM
RBI purchased USD 6.514 billion and sold USD 900 million in the spot market, according to a recent RBI data.
13 Nov 2019 9:33 AM
India is also significantly lower in Economic Uncertainty Index when compared globally
12 Nov 2019 5:08 PM
The limit has been increased from Rs 1.6 lakh for urban or semi-urban areas to Rs 2 lakh, the RBI said in a circular.
08 Nov 2019 8:28 PM
Vegetable prices, particularly that of onions and tomatoes, will contribute significantly to the rise in inflation.
08 Nov 2019 11:00 AM
The apex bank enhanced the cash withdrawal limit to Rs 50,000 per account.
07 Nov 2019 3:47 PM
On Tuesday, the RBI increased the withdrawal limit from the bank's customers to Rs 50,000.
06 Nov 2019 3:44 PM
With the above relaxation, more than 78 per cent of the depositors of the bank will be able to withdraw their entire account balance.
05 Nov 2019 6:30 PM
The Enforcement Directorate is investigating the case and has attached the assets of HDIL promoters.
04 Nov 2019 2:43 PM
Reserve Bank had separate departments for supervisory, regulatory functions which were integrated into two unified departments.
02 Nov 2019 12:27 PM