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RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.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 need not react to bond yields, MSP for interest rate review:...

MSP for farmers and refrain from going in for any hike in benchmark policy lending rates when MPC meets on Feb 7.

5 Feb 2018 11:00 AM 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)

Assocham suggests RBI should not hike interest rates in next monetary...

The Reserve Bank of India is scheduled to announce its sixth bi-monthly monetary policy statement for 2017-18 on...

4 Feb 2018 3:05 PM IST

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

Inflation risks overdone; RBI rate cut likely in Aug: report

RBI in its fifth bi-monthly review of this fiscal kept repo rate unchanged at 6 pc and reverse repo at 5.75 pc.

3 Feb 2018 11:21 AM IST

The Economic Survey 2017-18 was tabled in the Lok Sabha by Finance Minister Arun Jaitley on Monday. (Photo: File | PTI)

Union Budget 2018 spurs inflation worries ahead of RBI policy

Govt's decision to increase MSP guarantee to farmers, in particular, is likely to have a direct inflationary impact.

2 Feb 2018 10:53 AM IST

ASSOCHAM, cautioned that extreme care needs to be taken to ensure safety of data trail that the cryptocurrency can leave, as it changes hands through a range of electronic devices and platforms.

ASSOCHAM calls for urgent fixing of twin balance sheet problem

The Rs 2 lakh crore capial infusion, as announced by the government must be speeded up.

30 April 2018 9:12 AM IST

Banning of letters of undertaking (LoUs) and letters of comfort (LoCs) by the RBI as trade finance instruments is likely to reduce financial flexibility of importers, a Fitch group company said on Wednesday.

Currency hoarding on despite govt, RBI assurance

Currency in circulation has risen by 33 per cent year-on-year to Rs 18.9 lakh crore as of April 20.

26 April 2018 9:06 AM IST

Sunil Kumar Sinha

Easy to blame RBI without understanding the issues'

Actually, Rs 2,000 currency notes were in short supply so most of the ATMs had notes of lower denominations, says Sunil...

26 April 2018 6:17 AM IST

Private lender IndusInd Bank on Tuesday announced a pilot program with WhatsApp enterprise solution in India to communicate with its customers.

BFIL seeks SEBI nod for merger with IndusInd Bank

In October last, IndusInd Bank had decided to acquire the country's leading micro-finance player BFIL.

24 April 2018 4:20 PM IST

Banning of letters of undertaking (LoUs) and letters of comfort (LoCs) by the RBI as trade finance instruments is likely to reduce financial flexibility of importers, a Fitch group company said on Wednesday.

Banks stay cautious on infra lending

Bankers said most of the restructuring happens in long term projects in the infrastructure sectors.

24 April 2018 1:18 AM IST

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

Infra lending may take a back seat as RBI refuses to budge on new NPA...

Banks requested the RBI to make the required majority to 75 per cent for any such plan.

23 April 2018 2:00 PM IST

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

India's economy could grow at 7.4 per cent in 2018-19: RBI

India's annual retail inflation eased for a third straight month in March to 4.28 per cent.

23 April 2018 8:35 AM IST

Reserve Bank Governor Urjit Patel

RBI expects India to grow at 7.4 per cent

Patel said that several factors are expected to accelerate the pace of growth in FY19

23 April 2018 1:37 AM IST