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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 to unveil this fiscal's first bi-monthly policy decision on...

The resolution of the MPC will be placed on the website at 11.45 AM on April 4, 2019.

1 April 2019 2:27 PM IST

Economic Affairs Secretary Shaktikanta DasBusiness
RBI may go for 25 bps rate cut on April 4

A back-to-back cut in interest rate would provide relief to borrowers in the election season.

1 April 2019 8:42 AM IST

Indias forex reserves have shot up considerably.Business
India's forex reserves up by USD1.99 billion to USD 419.99 billion

The overall reserves had declined by USD 2.05 billion to USD 417.99 billion in the previous reporting week.

31 May 2019 6:47 PM IST

Prime Minister Narendra Modi (Photo: PTI)Business
India's economy seen limping behind China as Modi begins second term

A Reuters survey of economists forecast growth slipped to 6.3 pc annually in the quarter ending in March.

31 May 2019 5:17 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.Business
Banks can use Aadhaar for KYC with customer's consent: RBI

RBI said that 'Proof of possession of Aadhaar number' has been added to the list of Officially Valid Documents.

30 May 2019 9:35 AM IST

Economic Affairs Secretary Shaktikanta DasBusiness
RBI to cut rates in June, but analysts split on if it should: Report

RBI to cut its repo rate by 25 basis points at its June 4-6 meeting, bringing it to 5.75 per cent - the lowest since...

29 May 2019 11:16 AM IST

FICCI President Rashesh Shah suggested that a rate cut be facilitated in the coming quarters to spur demand and investments.Business
India's economy big worry for PM Modi, needs stimulus: FICCI

The economy grew 6.6 per cent in the three months to December - the slowest pace in five quarters.

28 May 2019 2:44 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 create specialised supervisory and regulatory cadre

A decision to this effect was taken at a meeting of the Central Board here under the Chairmanship of RBI Governor...

21 May 2019 7:33 PM IST

NITI Aayog Vice chairman Arvind PanagariyaBusiness
Panagariya recommends aggressive privatisation of public sector...

Among the longer-term reforms, Panagariya recommended reform of labour laws.

21 May 2019 11:50 AM IST

Former Reserve Bank of India governor Bimal JalanBusiness
Better implementation of reforms by next govt needed to ensure job...

The government, Bimal Jalan said, should also take up administrative reforms that are complicated but essential.

20 May 2019 7:57 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's vision document on payment systems to spur digital economy:...

The RBI has said it will implement the approach outlined in the document during the period 2019 - 2021.

19 May 2019 2:04 PM IST

Instead, gold was replaced by the dollar standard, with the proviso that dollars could be exchanged for gold.Business
Forex reserves up by USD 1.36 bn to USD 420.05 bn

In the previous week, the reserves had increased by USD 171.9 million to USD 418.687 billion.

17 May 2019 7:29 PM IST

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