Tuesday, May 07, 2024 | Last Update : 03:07 PM IST

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Das says change in stance as good as additional 25-basis-point rate cut: reports

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

Shaktikanta Das meets PSB heads, reiterates call for faster transmission

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

First time in a month, forex reserves fall by USD 1.11 billion

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

Jalan panel finalises report on RBI capital; surplus transfer to govt over 3-5 years

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

RBI slaps Rs 7 cr penalty on SBI for violating various norms

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

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RBI to come out with mobile app for currency notes identification

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 to come out with mobile app for currency notes identification

RBI said identification of banknote denomination is key to successful completion of cash transactions by visually impaired persons.

14 Jul 2019 7:36 PM

After PNB, Allahabad Bank reports Rs 1,700 crore fraud by indebted firm

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

Inflation likely rose in June, but below RBI target: report

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

RBI buys 5.6 t gold in April

The RBI started purchasing gold in small quantities from December 2017 after a gap of eight years.

09 Jul 2019 3:36 AM

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PNB says detects 38-billion rupee fraud

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

Forensic audit found Rs 3,800 crore fraud, says Punjab National Bank

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

The mystery coin

Libra is very very far from a proper Crypto currency structure.

07 Jul 2019 8:31 AM

Budget 2019 puts onus on RBI to spur growth

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

Forex reserves hit new high of USD 427.67 billion

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

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Budget 2019: Govt to provide credit guarantee to PSBs to buy NBFC assets

The NBFC sector is currently undergoing a liquidity hurdle with a spate of defaults of companies.

05 Jul 2019 3:06 PM

A mess: Patel admits RBI was slow to take timely measures

Patel said an asset quality review for the NBFCs is ‘inevitable’ given their interconnectedness in financial system.

04 Jul 2019 1:37 PM

RBI fines 4 bank, including PNB for violation of KYC norms

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

Govt considering giving more powers to RBI to regulate NBFCs: Sitharaman

As on June 23, 2019, 9,643 NBFCs were registered with RBI.

01 Jul 2019 5:06 PM

NS Vishwanathan given 1 year extension as Deputy Governor of RBI

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

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