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Shaktikanta Das on Tuesday was appointed as the new governor of the Reserve Bank of India, a day after his predecessor Urjit Patel resigned. (Photo: File | PTI)

MPC to meet six times during 2019-20: RBI

MPC to decide on the first bi-monthly monetary policy statement for 2019-20 will be held from April 2 to 4.

23 March 2019 10:26 AM IST

PNB scam exposes gaps in Indian banking sector

Rs 14,000 crore, fraud nearly brought India's second biggest state-run bank on its knees.

22 March 2019 1:06 PM IST

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

RBI says no to IDBI Bank name change proposal

Board of IDBI Bank had last month sought RBI's approval for change in the name of the lender to either LIC IDBI Bank.

20 March 2019 2:48 PM IST

The debt crisis at the infrastructure lender came to light following a series of defaults by its group companies beginning September 2018.

RBI seeks modification of NCLAT order in IL&FS case

During the proceedings, RBI's counsel said that there was a overlap of power on the issue.

19 March 2019 5:50 PM IST

Shaktikanta Das on Tuesday was appointed as the new governor of the Reserve Bank of India, a day after his predecessor Urjit Patel resigned. (Photo: File | PTI)

RBI Guv to hold pre-policy meet with trade bodies, rating agencies on...

Trade bodies, including industry chambers, rating agencies and representatives of Bank Depositors' Assn have been...

17 March 2019 3:16 PM IST

Shah Faesal said he received both abuse and adulation over his decision to quit the government service but he had totally expected this. (Photo: Facebook | Shah Faesal)

Shah Faesal to launch political party on Sunday

He said the function will be held at Gindun Ground in Rajbagh.

16 March 2019 4:57 PM IST

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

RBI categorises IDBI Bank as private sector lender

IDBI Bank has been categorised as a private sector lender following acquisition of majority stake by LIC, RBI said.

14 March 2019 6:49 PM IST

As per the Central Statistics Office (CSO) data inflation in vegetables contracted by 2.19 per cent last month, compared to 7.8 per cent in June.

WPI inflation rises to 2.93 per cent in February

WPI based inflation stood at 2.76 per cent in January, 2019. WPI inflation stood at 2.74 per cent during February 2018.

14 March 2019 12:34 PM IST

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

RBI to inject liquidity worth USD 5 billion into system

Under the swap auction, minimum bid size would be USD 25 million and in multiples of USD 1 million thereafter.

14 March 2019 9:18 AM IST

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

Pvt manufacturing firms posted 24.9 pc growth in net profit in Q3: RBI

The companies posted a net profit of Rs 77,500 crore in the third quarter of the fiscal compared to Rs 57,800 crore in...

13 March 2019 6:44 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.

RBI to infuse Rs 12,500 crore via OMOs on Thursday

The purchase will happen through multi-security auction using the multiple price method.

13 March 2019 8:24 AM IST

As per the data, food inflation basket contracted to 0.56 per cent in January, negative growth second time in a row.

Consumer inflation rises to 2.57 per cent in February

Consumer inflation in January was re-examined downwards to 1.97 per cent from 2.05 per cent, as per an official...

12 March 2019 6:29 PM IST