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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.Business
RBI may cut rates, turn 'accommodative' after dismal GDP

Analysts say policymakers should also find ways to boost banks' liquidity to ensure they drop their lending rates too.

4 Jun 2019 10:31 AM IST

Reserve Bank of India (RBI)Business
RBI monetary policy panel starts discussions on monetary policy review

RBI has slashed repo rate by 25 basis points (0.25 percentage points) each in last two policy reviews.

3 Jun 2019 4:26 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 to observe Financial Literacy Week in Kerala on June 3

Reserve Bank of India is observing the first week of June as the Financial Literacy Week across the country.

1 Jun 2019 1:07 PM IST

Foreign portfolio investors (FPI) have pulled out more than Rs 7,300 crore from the equity markets in August.Business
India 10-yr bond yield drops as FPIs shift from equities to debt

Investors have moved to debt; net inflows amounted to USD 1.3 billion as of July 1-29.

31 July 2019 1:40 PM IST

Reserve Bank of India (RBI)Business
RBI relaxes external commercial borrowing norms for corporates, NBFCs

ECBs with a minimum average maturity period of 10 years can now be used for working capital purposes and general...

31 July 2019 10:00 AM IST

Subir Gokarn was appointed the deputy governor of the RBI in 2009 for a term of three years and had the distinction of being the youngest deputy governor at that time. (Photo: File | PTI)Business
Former RBI deputy governor Subir Gokarn passes away

In November, 2015, Gokarn was appointed as an executive director on the board of the IMF.

31 July 2019 9:27 AM 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
Economic Affairs Secretary Chakraborty nominated on central board of...

The nomination of Atanu Chakraborty is effective from July 29 and until further orders, RBI said.

30 July 2019 7:12 PM IST

Indias GDP growth forecast for the current fiscal to 7 per cent from 7.4 per cent.Business
Nomura: June GDP to print in at 5.7 pc on demand slump, NBFC mess

Economy lost the verve and slipped to five-year low of 5.8 per cent in the March quarter.

30 July 2019 2:48 PM IST

MobiKwik said it had started offering wallet-to-wallet transfers, though not all rivals were on board.Business
RBI slaps Rs 26 lakh fine on Mobikwik, Hip Bar for violating norms

These two prepaid payment instrument issuers have been levied monetary penalty for non-compliance of regulatory...

30 July 2019 9:05 AM IST

Former Reserve Bank of India governor Bimal JalanBusiness
Higher tax for high earners may trigger fund flight: ex-RBI governor

Analysts and traders say this has been a major reason for foreign investors being net sellers from Indian equity...

29 July 2019 8:22 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 report on development of secondary market for corporate loans...

RBI is also likely to release another report on housing finance securitisation by August-end.

28 July 2019 1:24 PM IST

Economic Affairs Secretary Shaktikanta DasBusiness
Bank lending to non-bank firms set to gather pace: RBI governor

RBI was closely monitoring top 50 NBFCs, and had a good understanding of cash flows of these firms, said Shaktikanta...

26 July 2019 1:30 PM IST

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