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Digital payments by mobile wallets bring in convenience with a few clicks, tendering exact change, and so on.

PPI share in digital payments to rise to 30-40 per cent: PCI

PPIs contribution to digital payments from current share of less than 10 per cent.

12 Oct 2017 8:24 PM IST

The government expects a helping hand from the RBI in the form of interest rate cut in the next monetary policy review on Wednesday to boost the slowing economy. Photo: PTI

Net profit of listed private firms contracted 21.2 pc in Q1: RBI

Net profit of the companies totalled Rs 44,700 crore in the first quarter of the current fiscal.

11 Oct 2017 8:17 PM IST

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

Sept inflation seen at 6 month high on GST, public sector pay rise

Annual economic growth dropped to a three year low of 5.7 per cent in April-June quarter.

11 Oct 2017 12:45 PM IST

Total bad loans had risen 5.8 per cent in July-December period last year. (Photo: Representational/PTI)

Bad loan crisis worsens as NPAs hit Rs 9.5 lakh crore

Report says stubborn bad debt problem has eaten into bank profits and choked off new lending.

11 Oct 2017 10:27 AM IST

Higher opening in domestic stock market limited rupee losses. (Photo: PTI).

Rupee firms up by 8 paise against dollar; Fed meet outcome eyed

Rupee is trading at 65.28 a dollar amid persistent selling of the greenback by banks and exporters.

10 Oct 2017 8:03 PM IST

Reserve Bank of India, RBI, is a banking regulator. It also calculates and fixes repo rate. (Photo: AFP)

RBI net dollar purchase in August at USD 3.226 billion

RBI's intervention in the foreign exchange market is to curtail volatility in the rupee market.

10 Oct 2017 7:45 PM IST

The government expects a helping hand from the RBI in the form of interest rate cut in the next monetary policy review on Wednesday to boost the slowing economy. Photo: PTI

RBI may cut rate in December as inflation recedes: BofAML

Retail inflation is expected to stay muted at around 3.5 per cent in September and 3.3 per cent in October.

10 Oct 2017 3:12 PM IST

The government expects a helping hand from the RBI in the form of interest rate cut in the next monetary policy review on Wednesday to boost the slowing economy. Photo: PTI

RBI to soon launch financial literacy drive in 9 states

The aim of CFL is to inculcate the habit of making a household budget and recording financial transactions.

8 Oct 2017 3:21 PM IST

Reserve Bank Governor Urjit Patel

Par panel to invite RBI governor to brief on FRDI Bill

All party parliamentary committee has to submit its report by last day of first week of winter session of Parliament.

6 Oct 2017 10:48 AM IST

RBI governor Urjit Patel

RBI panel pushes new rules so lenders pass on rate cuts more quickly

The RBI has cut its policy rate by a total of 200 basis points from January 2015 to August 2017.

5 Oct 2017 5:44 PM IST

The second most significant barrier cited was office politics, according to 39.17 per cent respondents.

Services activity returns to growth in Sept on stronger demand: PMI

Implementation of GST on July 1 which aimed to unify multiple taxes, have also cast a shadow on economic growth.

5 Oct 2017 11:04 AM IST

The government expects a helping hand from the RBI in the form of interest rate cut in the next monetary policy review on Wednesday to boost the slowing economy. Photo: PTI

RBI panel suggests external benchmark rate in place of MCLR

Reserve Bank's policy repo rate are better suited than other interest rates to serve role of an external benchmark.

5 Oct 2017 9:52 AM IST