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Indias forex reserves have shot up considerably.

Forex reserves up by USD 1.96 billion to USD 421.720 billion

The reserves had touched a life-time high of USD 421.914 billion on February 9, FY18.

23 Feb 2018 6:11 PM IST

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

RBI's new NPA norms may undermine bank earnings: Fitch

The new framework's overall focus is on recognising and quickly resolving bad loans.

22 Feb 2018 3:27 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 panel warns on inflation as it monitors growth

Govt has projected growth could accelerate to 7 to 7.5 pc in 2018-19 after expanding at its slowest in 3 years.

22 Feb 2018 10:09 AM IST

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

Growth pickup halts rate hike

RBI-led MPC maintained status quo despite fears of a rise in inflation.

22 Feb 2018 6:42 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)

In June 2016 before PNB fraud, RBI warned banks of SWIFT abuse

The circular has emerged a day after the Centre said the PNB fraud was a result of failure of the RBI.

20 Feb 2018 8:54 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.

Ex-PNB official used, shared passwords to help Nirav Modi

Failure to notice largest fraud in Indian banking history reveals a 'rot' in the state financial sector, said an ex-PNB...

19 Feb 2018 11:09 AM IST

The government expects a helping hand from the RBI in the form of interest rate cut in the next monetary policy review on Wednesday to boost the slowing economy. Photo: PTI

PNB fraud case: Will take 'appropriate supervisory action' says RBI

The country's 2nd largest state-run lender has been rocked by a Rs 11,400-cr fraud allegedly involving billionaire...

17 Feb 2018 8:53 AM IST

Punjab National Banks Mumbai had issued nearly 150 fraudulent letters of undertaking to Nirav Modi and his associates.

Fraud casts doubts on banks

Analysts say PNB episode expands risk areas for banks; claim PSBs use faulty procedure.

16 Feb 2018 8:04 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)

RBI says ready to inject more cash into banks by March-end

RBI will also allow standalone primary dealers to avail term repo auctions on March 28.

15 Feb 2018 4:46 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)

WPI inflation eases to 6-month low of 2.84 per cent in January

Inflation on food articles slowed to 3 per cent in January, from 4.72 per cent in December 2017.

15 Feb 2018 12:36 PM IST

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

RBI's new norms to speed up resolution of stressed assets

Gross NPAs of public sector and private sector banks as on Sept 30, 2017 were Rs 7,33,974 cr, Rs 1,02,808 cr...

13 Feb 2018 4:33 PM IST

Assocham president Sandeep Jajodia also urged the Centre that the NPA norms on getting the account classified under non-performing asset category for core sectors should be extended from 90-days to 180-days. (Photo:PTI)

Balancing farmers', consumers' interests a tight rope walk: ASSOCHAM

RBI said that inflation outlook beyond current year is likely to be shaped by several factors, including crude prices.

13 Feb 2018 12:50 PM IST