There will be no restriction on the maximum amount of bidding by individual bidders.
08 Feb 2020 12:38 PM
The budget allowed the Deposit Insurance and Credit Guarantee Corporation to raise deposit insurance coverage to Rs 5 lakh from Rs 1 lakh.
07 Feb 2020 11:11 AM
Next meeting of the MPC scheduled during March 31, April 1 and 3, 2020.
06 Feb 2020 1:04 PM
The governor said the continuity in policy from last pause should not be read as a pointer to future actions.
06 Feb 2020 12:50 PM
RBI further said that the actual inflation outcome for Q2 at 5.8 per cent overshot projections by 70 bps.
06 Feb 2020 12:36 PM
The survey, tabled in Parliament last month, estimated the GDP growth during FY21 at 6-6.5 per cent.
06 Feb 2020 12:32 PM
In the last MPC meet benchmark interest rate was cut by 0.25 per cent to 5.15 pc from 5.40 pc amid low inflation, faltering economic growth.
06 Feb 2020 11:54 AM
A notice was issued to the private lender to show cause as to why penalty should not be imposed for non-compliance with the direction.
30 Jan 2020 1:54 PM
The central bank said a total of 181 fraud cases involving Rs 127.7 crore were noticed during 2018-19.
27 Jan 2020 1:10 PM
The RBI was forecast to next cut rates by 25 basis points to 4.90 per cent in the October-December quarter.
23 Jan 2020 1:14 PM
The country's GDP growth is seen dipping to an 11-year low of 5 per cent in the current fiscal as compared to 6.8 per cent in 2018-19.
20 Jan 2020 12:01 PM
Economists said the MPC may watch for a possible reversal in food prices to see how inflation pans out in coming months.
15 Jan 2020 10:09 AM
Patra will serve as the deputy governor for three years from the time of his appointment.
14 Jan 2020 12:11 PM
The RBI bought USD 7.46 billion and sold USD 530 million in the market in November.
13 Jan 2020 12:30 PM
Reserve Bank of India approved a 1.76 trillion rupees (USD 24.8 billion) dividend payment to the federal government
11 Jan 2020 10:57 AM
Cash Management Bills are short term bills issued by the central government to meet its immediate cash needs.
10 Jan 2020 1:09 PM
India’s annual consumer inflation rose to 6.20 per cent in December from November’s 5.54 per cent.
09 Jan 2020 1:00 PM
Market participants broadly expect the government to announce a 0.4 per cent-0.6 per cent slippage in fiscal deficit.
04 Jan 2020 12:29 PM
Indian banks have shifted towards the retail market in recent years in response to a rise in soured corporate loans.
25 Dec 2019 10:49 AM
The six-member MPC had kept the repo rate unchanged on December 5 despite moderation in economic growth and easing inflation.
19 Dec 2019 7:37 PM