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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)Business
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)India
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.Business
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.Business
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.Business
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.Business
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.Business
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.Business
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

The agenda going forward is clear: The banks have to regain the confidence of investors so that they can raise funds from the capital markets and not be dependent on government. (Representational image)Business
Competition for deposits to rise

The PCA framework had restricted public sector banks to lend and thereby led to a lower focus from them on deposit...

12 March 2019 1:59 AM IST

With multiple agencies probing the alleged Rs 13,000-crore fraud at state-run Punjab National Bank, the Reserve Bank of India (RBI) says it has conducted its scrutiny and the matter is currently under examination for \enforcement action\.India
RBI warned noteban's short-term impact; no effect on black money

The board had met just two-and-a-half hours before PM Modi's announcement of demonetisation to the nation.

11 March 2019 4:53 PM IST

The bag contained Rs 500 and Rs 1000 currency notes, which were demonetised by the government earlier this month.Business
RBI says no data on demonetised 500, 1,000 notes used at petrol pumps

In reply to the RTI query, the RBI said: "information on (invalidated) notes used for paying utility bills is not...

10 March 2019 1:02 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.Business
RBI slaps penalties on 36 major banks for non-compliance in SWIFT...

Reserve Bank of India has imposed penalties worth Rs 71 crore on 36 public, private and foreign banks.

9 March 2019 10:51 AM IST

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