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RBI governor Urjit Patel. (Photo: PTI)

RBI keeps repo rate unchanged, lowers GDP growth estimate

The central bank's move has surprised markets and industry as both were hoping for a rate cut.

7 Dec 2016 2:36 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RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.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 to issue new Rs 100 denomination banknotes

Central bank says old Rs 100 notes presently in circulation will not lose their legal tender status.

6 Dec 2016 5:56 PM IST

The 30-share Sensex resumed higher at 27,552.27 and hovered between 27,743.46 and 25,902.45 before concluding the week at 26,818.82, a loss of 455.33 points, or 1.67 per cent.

Market off day's high as RBI meet gets under way

The 30-share index ended at 26,392.76, a marginal rise of 43.66, or 0.17 per cent.

6 Dec 2016 5:21 PM IST

Reserve bank of India

Will RBI go for a 50 bps rate cut today?

Though a 25 bps cut is highly likely, industry and market hope for a 50 bps rate cut due to demonetisation.

6 Dec 2016 11:15 AM IST

The selection committee after following the due process will recommend the name to the nomination and remuneration committee ad board of the NSE for appropriate decision.

NSE panel to look for Ramkrishna's replacement

NSE's initial public offer is being keenly awaited in the market as one of the biggest IPOs in recent times.

6 Dec 2016 11:06 AM IST

Reserve bank of India

RBI may go for a 25 bps cut in repo rate, says DBS

Financial services firm says RBI policy committee expected to take a 'growth-supportive' stance.

5 Dec 2016 1:37 PM IST

The index has registered a contraction for the first time since June 2015 and marked the sharpest reduction in output in almost three years.

Note ban's first casualty, services PMI falls in Nov

'Worst' reduction in output in almost three years means companies were badly affected by demonetisation.

5 Dec 2016 11:21 AM IST

According to government estimates, there is Rs 400 crore of fake currency in circulation in the economy at any given point of time.

Pak agencies may take 1 year to fake new notes: Intelligence Bureau

Following the demonetisation, circulation of fake currency has been severely hit, intelligence agencies have informed...

16 Dec 2016 3:41 AM IST

RBI governor Urjit Patel (centre) arrives at Nabanna (state secretariat) for a meeting with West Bengal chief minister Mamata Banerjee in Kolkata on Thursday. (Photo: Abhijit Mukherjee)

Mamata Banerjee to RBI chief: Stand up against note ban

Protests followed the RBI governor even when he reached the airport in the evening ahead of his departure.

16 Dec 2016 3:12 AM 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 restricts withdrawal from certain bank accounts, monthly limit...

The monthly limit for withdrawal and transfer from a small account is Rs 10,000.

15 Dec 2016 9:06 PM IST

Union Finance Minister Arun Jaitley. (Photo: PTI)

RBI taking steps to lower digital transaction cost

Government and RBI are fully aware of cyber security challenges and ensuring strong firewalls around the systems.

15 Dec 2016 5:49 PM IST

RBI Governor Urjit Patel

House panel summons RBI chief on December 22

The panel led by Congress MP M. Veerappa Moily will be discussing the burning issue for the first time.

14 Dec 2016 2:51 AM IST