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Indias GDP growth forecast for the current fiscal to 7 per cent from 7.4 per cent.

'Govt may not alter fiscal consolidation targets in budget'

Govt will try to get fiscal deficit number down to 3.4 per cent as against consensus estimate of 3.5 per cent.

15 Jan 2018 4:14 PM IST

Reserve Bank of India, RBI, is a banking regulator. It also calculates and fixes repo rate. (Photo: AFP)

Govt to invite fresh applications for RBI deputy governor post

Appointment will be made for a period of three years and the person will be eligible for reappointment.

15 Jan 2018 12:19 PM IST

Wholesale inflation in the month of October soared to 3.59 per cent on the back of food and fuel prices. (Photo: PTI)

High food prices push India's retail inflation to 17-month high of 5.2...

According to Ministry of Statistics, the measure of consumer price inflation, the CPI index, rose 5.21 per cent in Dec...

12 Jan 2018 7:06 PM IST

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

Indian retail inflation likely hit a 17-month high in December

Wholesale price index likely rose marginally to 4.00 per cent in December from November's 3.93 per cent.

11 Jan 2018 12:56 PM IST

SBI Cards is also in the process of speeding up customer acquisition process by reducing the delivery period so that more and more people are added to the network.

Financial bids for all 12 large NPA accounts by month-end: SBI

SBI is the lead banker in 6 out of 12 large NPAs with total outstanding loan of Rs 1.75 lakh crore.

10 Jan 2018 5:46 PM IST

RBI has already printed around 1 billion pieces of the new Rs 10 note with chocolate brown colour. (Photo: ANI)

RBI to issue new Rs 10 notes in chocolate brown colour

All the banknotes in the denomination of Rs 10 issued by RBI in the earlier series will continue to be legal tender.

5 Jan 2018 5:31 PM 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)

RBI puts Allahabad Bank under prompt corrective action

Central bank has so far ordered corrective action for about 10 lenders, mostly due to their high bad loan ratios.

4 Jan 2018 11:14 AM IST

PNB customers will have to shell out money beginning October if they carry out more than five transactions a month from the banks ATMs.

PNB expects resolution of 4-5 large NPA accounts bilaterally

Out of 28 identified cases, Punjab National Bank has exposure in 20 accounts.

2 Jan 2018 4:18 PM IST

Indias GDP growth forecast for the current fiscal to 7 per cent from 7.4 per cent.

GDP growth in India to accelerate over coming year: HSBC

GDP growth in India is expected to accelerate to 7.0 per cent in 2018-19 from 6.5 per cent in this fiscal.

2 Jan 2018 1:37 PM IST

The fire broke out at the Samsung Electronics Co Ltd affiliates factory in the northern Chinese city of Tianjin earlier on Wednesday and has been extinguished, a Samsung spokesman said, adding that there were no casualties or significant impact to the plants operations.

December manufacturing PMI sees fastest pace of growth in 5 years

Retail inflation in November breached the central bank's medium-term target of 4 per cent.

2 Jan 2018 11:25 AM IST

The inflationary expectations would be seeping even in the core inflation (non-food, non-fuel). Going forward, both external and internal factors would weigh on the mind of the Monetary Policy Committee of the RBI: Assocham

CPI inflation to trend higher; chances of rate hike rising

UBS expects headline CPI inflation to remain in the range of 5.1-5.6 per cent over the next few months .

26 Feb 2018 3:37 PM IST

PNB customers will have to pay charges for depositing cash above Rs 5,000 in a non-base branch even if it is located in the same city.

RBI orders changes to bank protocols after $1.8 billion fraud case

RBI ordered lenders to comply with more than two dozen items within set timelines.

24 Feb 2018 10:12 AM IST