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RBI governor Urjit Patel

RBI revises PCA rules to tackle Rs 6 lakh crore bad loans

Central bank issues new set of enabling provisions under label of revised prompt corrective action framework.

14 April 2017 11:53 AM IST

Amazon, which had a total of 306,800 full-time and part-time employees globally at the end of September, hired a total of 123,700 globally during the 15 months ended in September.

Amazon India bags RBI licence for mobile wallet

Approval will help US-based giant to cash in on booming digital payments market in India.

13 April 2017 4:54 PM IST

The decline in retail inflation has been mainly on account of falling prices of vegetables and pulses.

March CPI inflation makes Aug rate cut case stronger: BofAML

March CPI inflation, at 3.8 per cent, actually came in below our 4 per cent expectations.

13 April 2017 12:59 PM IST

GDP stands for Gross Domestic Product.

India's GDP growth may slip to 6.7 per cent in March quarter: Nomura

Marginal Standing Facility, on the other hand, has been revised downwards by 0.25 per cent to 6.5 per cent.

13 April 2017 12:31 PM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

RBI had its 'carpe diem' moment on Apr 6: HSBC

Pushing up the reverse repo rate is expected to raise these and bring back some normalcy.

12 April 2017 7:42 PM IST

The move is expected to prompt banks to lower the deposit rate in line with the small savings rate as offered by the government.

Bank accounts face suspension: What FATCA rules say

Foreign Accounts Tax Compliance Act enables automatic sharing of investor information between signatory parties.

12 April 2017 1:06 PM IST

Finance Minister Arun jaitley

Banks cutting rates to use liquidity available: Jaitley

The banks had cut their rates down by almost about 80 to 85 basis points.

11 April 2017 8:01 PM IST

The decline in retail inflation has been mainly on account of falling prices of vegetables and pulses.

March inflation outlook closer to RBI target

Consumer price inflation is expected to have risen to 3.98 per cent last month from February's 3.65 per cent.

11 April 2017 4:54 PM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

RBI retains policy at 6.25 pc; ups reverse repo, MSF by 25 bps

Central bank cited upside risks to inflation and excess liquidity in system for its decision to hold key rate.

6 April 2017 3:52 PM IST

RBI governor Urjit Patel

RBI keeps repo rate unchanged at 6.25 per cent

Central bank also projects 7.4 per cent GDP growth for current fiscal, up from 6.7 per cent in 2016-17.

6 April 2017 2:43 PM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

RBI likely to focus on excess liquidity management: HSBC

The RBI could use the policy day to outline a mix of measures to absorb excess liquidity.

5 April 2017 7:37 PM 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 may opt for a status quo in repo rate today

Rising interest rate in US are indication that RBI's benchmark policy rate is not going to go down.

5 April 2017 3:25 PM IST