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Economic Affairs Secretary Shaktikanta Das

RBI expected to pay govt up to USD 5.8 billion interim dividend:...

The government and RBI have now appointed a panel to look into the issue around the sharing of the RBI's reserves.

7 Jan 2019 1:38 PM IST

People in many states are complaining of cash crunch at ATMs. (Photo: ANI | Twitter)

Digital transactions not universal': RBI told to fix dry ATM issue

The Standing Committee on Finance has also asked banks to install an adequate number of ATMs.

6 Jan 2019 11:39 AM IST

The notice comes just days after Law and IT Minister Ravi Shankar Prasad warned the social media giant Facebook of stringent action for any attempt to influence polls through data theft. (Photo: PTI/File)

Working with RBI to probe fraud cases of below Rs 1L', says govt

A Financial Data Protection bill has been drafted that aims to address issues related to data theft, including social...

4 Jan 2019 4:38 PM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

Finance Ministry, RBI to take up dividend, surplus

While govt wants a big pie of surplus, some feel RBI needs a large corpus to maintain credibility.

4 Jan 2019 10:25 AM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

RBI vs Govt in 2018: A 'husband-wife' relation that turned stormy

The differences came out in the open when Deputy Governor Acharya, in a hard-hitting speech in October.

1 Jan 2019 10:52 AM IST

Sebi has begun looking into the matter for any possible disclosure and corporate governance-related lapses.

Sebi wants govt rethink on RBI representation on its board

Officials said Sebi first proposed to the Ministry of Finance to amend the relevant provisions in the Sebi Act.

28 Feb 2019 5:51 PM IST

Kotak Mahindra Bank on Tuesday said it will offer debit card at a special price of Rs 99 for the first year for customers who will open account under its zero balance account scheme till September 15.

Kotak ties up with ADIA for USD 600 mn distressed assets fund

ADIA has committed USD 500 million for the special situations fund, while Kotak will invest the remaining.

28 Feb 2019 5:21 PM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

BSA between India and Japan provides for India to access USD 75...

The BSA was negotiated between India and Japan during the visit of Prime Minister Narendra Modi to Tokyo on October 29...

28 Feb 2019 1:48 PM IST

The Delhi Court on Wednesday sought the Centres and tax authority CBDTs response on a plea opposing the requirement of quoting Aadhaar number or linking it with PAN in e-filing tax returns.

Payments industry wants RBI to allow facial recognition software to...

Industry is also keen on having a flexibility in regulations, where small value transactions using PPIs should not need...

27 Feb 2019 5:37 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.

UBS sees RBI getting into an aggressive easing mode in FY20

CPI inflation is likely to remain below 4 per cent until October and averages at 3.8 percent in FY20.

27 Feb 2019 5:25 PM IST

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

India's economy seen losing momentum ahead of election

Economic growth could suffer from a possible slowdown in state spending in the two months before the election.

27 Feb 2019 4:52 PM IST

Fund infusion into PSBs not sufficient to support lending growth:...

Fitch estimates that banks will need an additional USD 23 billion (around Rs 1.6 lakh crore) in 2019.

27 Feb 2019 1:03 PM IST