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Corporate Affairs Secretary Injeti Srinivas said exposure worth Rs 12,000 crore would be settled by July end.

RBI follows tribunal dictat on IL&FS loans

RBI allowed banks to treat exposure to IL&FS and its group entities as non-performing assets following the NCLAT order.

9 May 2019 2:24 AM IST

The Reserve Bank is expected to go for a hike in key policy rates by the fourth quarter of this year.

RBI likely to cut rates again in June; none thereafter on rising...

RBI had cut interest rate by 25 basis points each in February and April to boost economic growth

8 May 2019 2:38 PM IST

The decision came after a meeting of representatives of Indian Revenue Service (Customs and Central Excise), All India Association of Central Excise Gazetted Executive Officers, All India Central Excise Inspectors Association and All India

April service sector growth at 7-month low, dented by Lok Sabha...

Purchasing Managers' Index slipped to 51.0 in April, the lowest since September, down from 52.0 the previous month.

6 May 2019 11:29 AM IST

If there was 6.9 per cent growth, that would top Chinas 6.8 per cent annual pace for October-December. (Photo: File/Representational)

Politics to decide rupee's near-term fate: Poll

The election result, due on May 23, will decide who governs the world's biggest democracy for the next five years.

4 May 2019 11:49 AM IST

Rival digital payments services have pointed out exceptions that have been applied to WhatsApps service.

Payment service will be launched only after complying with RBI norms:...

The trial run is likely to be completed by July end this year, WhatsApp said.

3 May 2019 5:47 PM IST

Yes Bank last week had informed about raising Rs 4,906.65 crore (USD 750 million) in Qualified Institutions Placement mode.

Yes Bank shares tank over 30 per cent

Yes Bank had reported its fourth quarter performance after the market hours on Friday and the market was closed on...

1 May 2019 1:58 AM IST

The move is expected to prompt banks to lower the deposit rate in line with the small savings rate as offered by the government.

Govt cuts interest rate on small savings schemes by 0.1 per cent

Interest rate for 5-year Senior Citizens Savings Scheme will now fetch a lower rate of interest at 8.6 pc from 8.7 pc.

29 Jun 2019 12:03 PM IST

Domestic investors were reluctant to expand their portfolios ahead of the RBIs monetary policy review, brokers said.

RBI relaxes leverage ratio for banks to boost their lending capacity

In terms of the framework on LR put in place by RBI, banks have been monitored against an indicative LR of 4.5 pc.

29 Jun 2019 11:24 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI calls for greater surveillance on too-big-to-fail NBFCs

The systemic impact of HFCs' failures has significantly lessened as the state-run banks got better capitalised.

28 Jun 2019 9:36 AM IST

Reserve Bank of India (RBI)

RBI releases directions on rupee interest rate derivatives

These regulations were framed with a view to guide the initial evolution of the market through prescriptive...

27 Jun 2019 9:29 AM IST

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

RBI says foreign firms can process abroad, but must store data in...

The RBI stuck to its position but clarified that payment transactions can be processed outside the country if the...

27 Jun 2019 7:52 AM IST

RBI Deputy Governor Viral Acharya

RBI: A parrot or a tiger?

It was Mr Acharya who had set the ball rolling last year when he spoke on the need for the RBI's autonomy, warning of...

27 Jun 2019 12:13 AM IST