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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.

Shadow banks must appoint risk officers: RBI

Banks with more than 50 billion rupees (USD 714 million) in assets must appoint a chief risk officer.

17 May 2019 9:29 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.

RBI releases 'Vision 2021' for payment systems for 'cash-lite' society

The Reserve Bank of India will implement the approach outlined in this Vision during the period 2019 - 2021.

16 May 2019 8:29 AM IST

The stock markets will be steered by RBI policy, macroeconomic data points and global trends this week, say experts.

Next government seen relying on RBI rate cuts to spur growth

The two finance ministry officials said the government expects at least another 50 bps cut by August.

15 May 2019 3:38 PM IST

Reserve Bank of India (RBI) deputy governor R Gandhi.

Ex-RBI Deputy Governor appointed as additional director on Yes Bank...

The appointment is for a period of two years with effect from May 14, 2019 to May 13, 2021 or till further orders.

15 May 2019 10:27 AM IST

The credit cost for the banking sector, which was 4.8 per cent in Q4FY18, has reduced to 2.75 per cent to 3 per cent in Q4FY19, going by the bank results declared so far.

Provisioning key theme of bank results in 4th quarter

Credit cost for the banking sector, which was 4.8 per cent in Q4FY18, has come down to 2.75 per cent to 3 per cent in...

15 May 2019 1:55 AM IST

The share price of SBI slumped 3.79 per cent to close at Rs 304.45 as the quarterly numbers were below what the market participants had anticipated.

RBI needs to go for larger rate cut in June: SBI report

RBI had cut the key short-term lending rate (repo) by 25 basis points each in its last two policy reviews.

14 May 2019 8:26 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.

WPI inflation slips to 3.07 per cent in April, food prices still high

Inflation in food articles hardened with steep rise in prices of vegetables during April.

14 May 2019 12:40 PM IST

The Ministry of Corporate Affairs (MCA) has forwarded complaints against Religare Enterprises about shareholding norm violations to the financial regulators.

MCA refers Religare case to regulators, mulls action

Having shared the case with the Securities and Exchange Board of India and the Reserve Bank of India.

14 May 2019 2:24 AM IST

Former Reserve Bank of India governor Bimal Jalan

Bimal Jalan panel on RBI's capital size likely to submit report by...

The committee was to submit its report in 90 days from the first day of its meeting, which held on January 8.

13 May 2019 5:18 PM IST

Mastercard has over USD 4.5 billion worth of investment in India.

De-duplication of Indian consumer data to complete by year-end:...

The moves comes in the backdrop of the regulator RBI asking such payment technology firms to comply with data...

13 May 2019 10:41 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)

Loan defaulters have no right to have lawyer in 'in-house' proceedings...

Supreme Court has ruled that the right to be represented by a lawyer does not extend to in-house proceedings.

12 May 2019 6:41 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.

RBI proposes mobile app to help visually impaired to identify currency...

There are about 80 lakh blind or visually impaired people in the country.

12 May 2019 11:58 AM IST