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Defending the banks in this issue, a senior official, however, claimed that the quick mortality rate on Mudra loans has come down drastically after strict norms issued by the RBI and the ministry of finance.(Representational image)Business
Over Rs 2 lakh crorebad loans settled, says govt offical

Injeti Srinivas was speaking at the inaugural session of a three-day international conference on 'Insolvency and...

1 March 2019 4:14 PM IST

Manufacturing sector contracted by 0.4 per cent in November as against a growth of 10.4 per cent a year ago. (Representational image)Business
Feb mfg activity hits 14-month high as sales, output, employment...

The Nikkei India Manufacturing Purchasing Managers' Index rose to 54.3 in February, from 53.9 in January.

1 March 2019 11:23 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's revised guidelines for resolution of stressed assets likely...

RBI is in very advanced stage and revised circular should be out before declaration of general elections result.

28 April 2019 2:59 PM IST

Indias forex reserves have shot up considerably.Business
Forex reserves decline by USD 739 mn to USD 414.14 billion

In the previous week, the reserves had increased by USD 1.105 billion to touch USD 414.886 billion.

27 April 2019 10:29 AM IST

The Reserve Bank of India (RBI) has announced that it will shortly issue Rs 20 denomination banknotes, in the Mahatma Gandhi (New) series, bearing the signature of the central banks governor Shaktikanta Das. (Photo: ANI)India
RBI to issue new Rs 20 denomination banknotes

The note has other designs, geometric patterns aligning with the overall colour scheme, both at the obverse and reverse.

27 April 2019 10:13 AM IST

Supreme Court of India (Photo: PTI)Business
SC directs RBI to disclose information on bank inspection report under...

Supreme Court made it clear that it was giving a last opportunity to RBI to comply with provisions RTI.

26 April 2019 11:38 AM IST

The rules of the new insolvency regulations to bring individual businesses under its purview are likely to be in place soon. (Representational Image)Business
Stressed assets resolution: RBI mulls giving 60 days additional time...

Against backdrop of the Supreme Court quashing an RBI circular, a revised set of rules would be released soon.

25 April 2019 7:54 PM IST

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

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