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Raghuram Rajan had cautioned the government that short-term costs of a radical ban of high-value currency notes would outweigh the long-term benefits. (Photo: AP) (Photo: PTI)

No calls from both govts directing him: Raghuram Rajan

On demonetisation full details were yet to evolve since one has to understand the costs and benefits.

6 Sept 2017 9:42 AM IST

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

RBI includes HDFC Bank in 'too big to fail' list

RBI had issued the framework for dealing with D-SIBs in July 2014.

5 Sept 2017 9:31 AM IST

The finance ministry said that the bill is far more depositor-friendly than in many other countries which provide for statutory bail-in without consent of creditors and depositors.

Autonomy of RBI essential, nurtured by govt: Finance Ministry

The government of India has never made public the subject matter of those consultations.

31 Oct 2018 1:33 PM IST

Congress leader P Chidambaram on Friday criticised the Election Commission saying that by not announcing the Gujarat poll schedule, it has authorised Prime Minister Narendra Modi to declare the dates at his last rally, after all freebies for the state were doled out. (Photo: PTI)

Chidambaram slams Centre for reportedly referring to never-used clause...

Govt has invoked Section 7 of the RBI Act and issued unprecedented 'directions' to the RBI.

31 Oct 2018 1:01 PM IST

The Monetary Policy Committee (MPC), headed by RBI Governor Urjit Patel, started its 2-day meeting on Wednesday.

Govt cites never-used powers for resolving issues with RBI

Government wants RBI to carve out exemption for power companies under the PCA framework.

31 Oct 2018 12:29 PM IST

RBI Governor Urjit Patel at a press conference after the monetary policy review meeting in Mumbai. (Photo: PTI)

RBI governor may consider resigning after rift with govt: report

The RBI was not immediately available for comment.

31 Oct 2018 10:33 AM IST

Reserve Bank Governor Urjit Patel

FSDC discusses NBFC liquidity issues; RBI assures adequate fund flow...

RBI governor informed the government that there is no liquidity crunch in the system.

30 Oct 2018 4:12 PM IST

Finance Minister Arun Jaitley clarified confusions posed due to allegations on the Rafale aircraft deal saying the government has maintained complete transparency in the matter and the negotiations have helped bring down the costs of the fighter jets. (Photo: ANI)

Arun Jaitley criticises RBI for indiscriminate lending by banks

The central bank looked the other way when banks gave loans indiscriminately during 2008 to 2014, says Jaitley.

30 Oct 2018 1:08 PM IST

RBI clears re-appointment of Aditya Puri as CEO of HDFC Bank for 2...

Shareholders had already approved his appointment in 2015 for a period of five years subject to RBI approval.

30 Oct 2018 12:06 PM IST

On October 1, the government superseded the board of IL&FS and appointed a new board, with banker Uday Kotak as its executive chairman.

IL&FS crisis: Normalcy to return to system in couple of weeks, says...

The company as of March 2018 owed over Rs 91,000 crore to banks and other creditors.

30 Oct 2018 11:45 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI allows banks for fire audit of currency chests by approved...

Banks maintaining currency chests are required to get fire audit done once in a two years.

29 Oct 2018 4:36 PM IST

Indian banks on top of situation over NPA problem: SBI Chairman

Insolvency and Bankruptcy Code has come as a "very good tool" in the hands of the banks and the financial creditors.

29 Oct 2018 11:57 AM IST