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Reserve Bank of IndiaBusiness
RBI sells entire stake in NHB, Nabard to government for Rs 1,470 cr

RBI sold stake in NHB on March 19, while it sold the stake in Nabard on February 26, the bank said in a statement.

25 April 2019 1:33 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 asks banks to disclose IL&FS provisions in Q4 accounts

RBI has asked banks to disclose the IL&FS and group entities exposure in the notes to accounts in a standard proforma.

25 April 2019 9:02 AM IST

The stock markets will be steered by RBI policy, macroeconomic data points and global trends this week, say experts.Business
RBI first APAC central bank to begin interest rate easing cycle: Fitch

Fitch has a 'BBB-', the lowest investment grade, rating on India, with a stable outlook.

24 April 2019 3:23 PM 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\.Business
RBI reserves panel likely to submit report by June end: Official

The panel has sought an extension over the stipulated 90 days period to finalise the report.

24 April 2019 3:19 PM 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\.Business
RBI announces Rs 25,000 cr liquidity injection in May as liquidity...

The purchase, called as open market operations (OMOs), will be undertaken in two equal tranches with the first one on...

24 April 2019 2:26 PM IST

HDFC bankBusiness
RBI approves proposal of HDFC for holding 9.9 pc stake in Bandhan Bank

The share swap ratio for the merger will be 568 shares of Bandhan Bank for every 1,000 shares of Gruh Finance.

24 April 2019 8:47 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.Business
RBI sets high cut-off at forex swap auction, forward rates jump

The cut-off levels, much higher than the market ones, showed the excess dollar liquidity in the system, dealers said.

24 April 2019 8:36 AM IST

The Indian rupee is totally correlated to the crude prices and as long as the crude remains above $70, the rupee will hold weak.Business
Rupee drops 32 paise, may stay weak if crude spikes

Central bank to remain on guard to weed out any volatility as elections are going on.

23 April 2019 1:49 AM IST

The Supreme Court also referred to the National Crime Records Bureau Data stating every six hour a woman is raped in the country. (Photo: File | ANI)India
PIL in SC seeks to stop loan write-off for political gains

The Supreme Court has been moved for a direction to RBI and other commercial banks not to allow such write off for...

19 April 2019 4:11 AM IST

The Reserve Bank of India on Thursday kept the key policy rate unchanged at 6 per cent for the fourth consecutive time.Business
Weakening domestic growth impulses prompted RBI for rate cut: Minutes...

Four of the six MPC members had voted in favour of a 25 basis points reduction in the repo rate.

18 April 2019 7:25 PM IST

RBI has moved the NCLAT seeking modification of its order that restrained banks from declaring accounts of IL&FS and its group companies as NPAs.Business
Banks have to mark IL&FS accounts as NPAs after default: RBI to NCLAT

NCLAT also took on record the information provided by IL&FS about the four amber listed group companies.

17 April 2019 8:53 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.Business
RBI says it will issue Rs 50 banknotes signed by Guv Das

All banknotes in the denomination of Rs 50 issued by the Reserve Bank in the past will continue to be legal tender.

17 April 2019 8:31 AM IST

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