RBI has cut rates by 75 bps since the start of 2019, banks have only eased their key lending rate by 15-20 bps.
22 Jul 2019 2:26 PM
At the June policy announcement, Das had said banks had passed on only 21 bps of the 50 bps rate cuts.
20 Jul 2019 10:54 AM
The country's reserve position with the fund also declined by USD 1.5 million to USD 3.345 billion.
20 Jul 2019 9:46 AM
The panel has finalised its report and no further meeting will take place, sources said after the meeting concluded here.
17 Jul 2019 2:18 PM
The penalty has been imposed on the bank for non-compliance of income recognition and asset classification (IRAC) norms.
16 Jul 2019 8:54 AM
RBI has been sensitive to the challenges faced by the visually challenged in conducting their day to day business with Indian banknotes.
15 Jul 2019 9:43 AM
RBI said identification of banknote denomination is key to successful completion of cash transactions by visually impaired persons.
14 Jul 2019 7:36 PM
Allahabad Bank said in a statement that it had told the RBI that it had identified a fraud worth over Rs 1,700 crore in Bhushan's accounts.
14 Jul 2019 10:33 AM
The fiscal deficit target for this financial year was reduced to 3.3 per cent from 3.4 per cent.
09 Jul 2019 11:59 AM
The RBI started purchasing gold in small quantities from December 2017 after a gap of eight years.
09 Jul 2019 3:36 AM
PNB has been defrauded of over USD 2 billion in a separate scam that came to light last year.
08 Jul 2019 8:45 AM
The PNB has been defrauded of over Rs 13,000 crore in a separate scam that came to light last year.
07 Jul 2019 10:14 AM
Libra is very very far from a proper Crypto currency structure.
07 Jul 2019 8:31 AM
In the fourth quarter of the fiscal year to last March 31, economic growth slumped to 5.8 per cent, the slowest pace in 20 quarters.
06 Jul 2019 12:24 PM
In the previous reporting week, the reserves had surged by USD 4.215 billion to USD 426.42 billion.
05 Jul 2019 7:45 PM
The NBFC sector is currently undergoing a liquidity hurdle with a spate of defaults of companies.
05 Jul 2019 3:06 PM
Patel said an asset quality review for the NBFCs is ‘inevitable’ given their interconnectedness in financial system.
04 Jul 2019 1:37 PM
RBI imposed a penalty of Rs 1.75 crore on four public sector banks, including PNB and UCO Bank.
03 Jul 2019 8:45 AM
As on June 23, 2019, 9,643 NBFCs were registered with RBI.
01 Jul 2019 5:06 PM
Previously NS Vishwanathan was appointed as RBI Deputy Governor on July 4, 2016 for a period of three years.
01 Jul 2019 2:47 PM