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

RBI capital transfer: Jalan panel likely to get extension to finalise...

As per various estimates, the RBI has over Rs 9 lakh crore of surplus capital with it.

1 Aug 2019 10:11 AM IST

BCCI President Anurag Thakur

PMC Bank crisis 'eye opener', RBI looking into lapses: Thakur

PMC Bank came under stress due to alleged financial irregularities forcing the RBI to impose restriction on it.

30 Sept 2019 3:38 PM IST

Reserve Bank of India (RBI)

IAS Kshatrapati Shivaji front runner for RBI deputy governor post:...

Since December 2016, Kshatrapati Shivaji is working with the Asian Development Bank as an executive director.

30 Sept 2019 3:18 PM IST

Asserting that all its loans are fully secured, suspended PMC Bank managing director Joy Thomas stated that one large account - HDIL - was the sole reason for the present crisis that led to the regulatory action on Tuesday. (Photo: PTI)

PMC's HDIL loan at Rs 6,500 cr, or 73 pc of total loan book: Ex-MD...

The admission came in after a board member leaked the actual balancesheet details to the RBI, said a source.

29 Sept 2019 6:02 PM IST

The Union government, or for that matter, the ministry of finance should not interfere in the functioning and decision-making powers of the RBI. (Photo: AFP)

RBI may go for another rate cut on Oct 4: Experts

RBI has already slashed the repo rate (short-term borrowing rate) four times aggregating to 1.10 percentage points since...

29 Sept 2019 4:33 PM IST

The belief is this would force departments to show efficiency and necessity for funds.

Govt may seek Rs 30,000 cr interim dividend from RBI

Government finances have come under pressure due to moderation in revenue collection and a slew of measures taken to...

29 Sept 2019 2:38 PM IST

NSE Nifty reclaimed the 9,900-level and BSE Sensex climbed over 167 points in early trade on Thursday. Photo: PTI

RBI rate decision, macro data to steer markets in holiday-shortened...

Markets would remain closed on Wednesday for 'Mahatma Gandhi Jayanti'.

29 Sept 2019 11:06 AM IST

The Union government, or for that matter, the ministry of finance should not interfere in the functioning and decision-making powers of the RBI. (Photo: AFP)

RBI initiates prompt corrective action against Lakshmi Vilas Bank

PCA is aimed at improving the performance of the bank and will not have any adverse impact on the day-to-day operations

28 Sept 2019 3:40 PM IST

Indiabulls Real Estate posted a 95 per cent decline in its consolidated net profit at Rs 108.56 crore for the fourth quarter of the last fiscal as against Rs 2,181.13 crore in the year-ago period, according to a regulatory filing.

Plea for probe into alleged misappropriation of funds by Indiabulls,...

A bench of Chief Justice D N Patel and Justice C Hari Shankar issued notice to the Centre, RBI and Indiabulls.

27 Sept 2019 3:29 PM IST

Thousands of depositors across various branches stood outside demanding answers on their life savings. (Photo: PTI)

Depositors protest as curbs put on Indian co-operative bank

The central bank and barred from renewing, or granting any loans, or making investments.

26 Sept 2019 10:00 AM IST

Shares of Indian Bank were trading 9.59 per cent up at Rs 312.50 on BSE.

Indian Bank to link retail, MSME loans to RBI's repo rate from Oct 1

The RBI has mandated all banks to link their loans with external benchmarks, such as repo

26 Sept 2019 9:08 AM IST

Hackers used the global SWIFT bank messaging service to initiate a series of fraudulent transactions.

RBI rebuts social media rumours on closure of 9 banks

Finance secretary Rajiv Kumar discribed such social media messages as 'mischievous.'

25 Sept 2019 5:30 PM IST