Banks had to treat a company as a defaulter even if it missed the repayment schedule by a day.
05 Apr 2019 1:13 AM
Repo rate is the key interest rate at which the RBI lends short-term funds to commercial banks.
05 Apr 2019 1:13 AM
The rate cut is a blessing to the Narendra Modi government with the elections just a week away.
05 Apr 2019 12:01 AM
The decision has been taken with a view to improve the ease of undertaking forex transactions.
04 Apr 2019 3:02 PM
Shaktikanta Das told reporters that the RBI goes with the official statistics prepared by the Central Statistics Office.
04 Apr 2019 2:00 PM
Supreme Court had on Tuesday quashed RBI circular that pertains to provisions for referring the defaulter to NCLT.
04 Apr 2019 1:06 PM
Higher financial flows to the commercial sector augur well for economic activity, says RBI.
04 Apr 2019 1:02 PM
Das said the RBI will continue to watch macroeconomic factors and will act timely on the same.
04 Apr 2019 12:42 PM
In its previous policy outcome in February, the RBI had projected retail inflation between 3.2-3.4 per cent for the first half of 2019-20.
04 Apr 2019 12:38 PM
The Monetary Policy Committee (MPC) also decided to maintain the neutral monetary policy stance.
04 Apr 2019 11:53 AM
A back-to-back cut in interest rate would provide relief to borrowers in the election season, experts say.
02 Apr 2019 5:05 PM
A back-to-back cut in interest rate would provide relief to borrowers in the election season.
01 Apr 2019 8:42 AM
The DFS also asked to provide details on composition of search committee to short-list candidates.
26 Mar 2019 2:21 PM
In this context, Governor Shaktikanta Das said he would meet the heads of payments bank this week.
26 Mar 2019 1:46 AM
As many as seven payments banks operate in India.
25 Mar 2019 5:46 PM
The six-member MPC to decide on the first bi-monthly policy statement for 2019-20 will be held from April 2 to 4.
25 Mar 2019 4:17 PM
A regulatory sandbox is a framework that allows FinTech startups to conduct live experiments in a controlled environment.
25 Mar 2019 2:50 PM
RBI Governor to meet heads of payments banks later this week
25 Mar 2019 12:24 PM
MPC to decide on the first bi-monthly monetary policy statement for 2019-20 will be held from April 2 to 4.
23 Mar 2019 10:26 AM
Trade bodies, including industry chambers, rating agencies and representatives of Bank Depositors' Assn have been called.
17 Mar 2019 3:16 PM