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

Top RBI official speaks up for central bank independence

The risks of undermining the central bank's independence are potentially catastrophic, said Acharya.

27 Oct 2018 10:26 AM IST

On Tuesday, the Indian rupee closed the session on a flat note at 69.83 a dollar.

Rupee may trade at 69.79 in H2 if RBI mops up USD 30 bn from NRIs

The rupee is the worst-performing emerging market currency losing over 15 per cent year-to-date.

25 Oct 2018 3:40 PM IST

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

Govt coerces RBI to ease PCA norms

Economic policy decisions can't be too stringent to adjust in times of crisis, said a finance ministry official

25 Oct 2018 10:55 AM IST

The RBI has always said monetary policy should be accompanied by fiscal policy if the wheels of the economy are to be greased. (Photo: PTI)

CAG Mehrishi questions RBI's accountability over NPA crisis in banks

The banking sector had NPAs or bad loans worth over Rs 9.61 lakh crore by the end of 2017-18.

23 Oct 2018 4:19 PM IST

Domestic investors were reluctant to expand their portfolios ahead of the RBIs monetary policy review, brokers said.

RBI's MPC highlights inflation spike risk, signal rate hikes

India's retail inflation rose to 3.77 per cent in September from 3.69 per cent in August.

20 Oct 2018 11:16 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 to lend more to some non-banking finance firms

The limit has been raised from 10 per cent and is effective up to December 31.

19 Oct 2018 11:26 AM IST

Indias current account deficit widened in the four quarters through June 2018 to 1.9 per cent of the GDP.

US says it could remove India from currency monitoring list

Foreign currency reserves stood at USD 380 billion, equal to 3.7 times gross short-term external debt.

18 Oct 2018 9:09 AM IST

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

RBI guidelines on mobile wallet payments out

Currently, a mobile wallet does not allow customers to send or receive money from a wallet run by another company.

17 Oct 2018 8:49 AM IST

Nirav Modi and (right) Vijay Mallya, prominent white-collar scamsters in recent times

CVC analyses top 100 bank frauds, shares report with RBI, ED and CBI

The analysis focused on modus operandi, amount involved, type of lending, anomalies observed and loopholes facilitating...

16 Oct 2018 6:28 PM IST

Deputy Governor S S Mundra

BankBazaar appoints former RBI DG Mundra as advisor

BankBazaar said Mundra's expertise will help in driving 100 per cent paperless and presence-less financing by the...

15 Oct 2018 2:29 PM IST

Its a tech-savvy market and huge amount of data is being consumed, data at available at affordable prices, he said.

US wants to prohibit data localisation, trade official says amid...

American IT companies are up in arms against the latest Indian directive which kicks off next week.

13 Oct 2018 12:12 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 sticking with plan to force payments firms to store data locally:...

Governments globally are enforcing more stringent rules to protect user data.

11 Oct 2018 12:05 PM IST