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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

Shaktikanta Das

Corp tax cut makes India attractive destination for investment: Das

Base corporate tax for existing companies has been reduced to 22 per cent from the current 30 per cent.

24 Sept 2019 2:40 PM IST

Reserve Bank of India (RBI)

RBI imposes restrictions on PMC Bank; withdrawal restricted to Rs...

No reasons were specified by the central bank for its restrictions on PMC Bank.

24 Sept 2019 1:28 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)

DBS expects modest rate cut at RBI's MPC meeting in October

RBI Governor Shaktikanta Das also reinforced his dovish bias due to weak inflation and negative output gap.

23 Sept 2019 3:12 PM IST

Leading public sector lenders State Bank of India (SBI) and Punjab National Bank (PNB) have put their 15 non-performing assets worth Rs 1,063 crore for sale.

SBI to adopt repo rate as external benchmark for all floating rate...

The external benchmark for all floating rate loans for MSME, housing and retail loans effective October 1, 2019.

23 Sept 2019 11:05 AM IST

Shaktikanta Das on Tuesday was appointed as the new governor of the Reserve Bank of India, a day after his predecessor Urjit Patel resigned. (Photo: File | PTI)

Experience more relevant than what you learnt: Das on his history...

RBI governor Shaktikanta Das praises his predecessors Urjit Patel and Raghuram Rajan.

23 Sept 2019 9:18 AM IST

Shaktikanta Das

Experience more relevant than what you learnt 35-40 years ago: RBI Gov...

RBI Gov Shaktikanta Das was responding to a question whether his academic qualification weighed him down as the...

22 Sept 2019 6:43 PM IST

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

RBI expects growth to pick up from Q2 on govt spending

Governor also welcomed the government announcement in the morning to slash corporate tax across the board.

20 Sept 2019 1:07 PM IST

Economic Affairs Secretary Shaktikanta Das

No global recession, India's external sector has shown great...

'Indian economy remains a preferred habitat for FDI and is among the top 10 destinations for greenfield projects.'

19 Sept 2019 10:03 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)

Finmin gets nearly 100 applications for post of RBI deputy governor

Persons with at least 25 years of work experience in an Indian or international public financial institution could also...

19 Sept 2019 3:04 PM IST

Govt doing everything possible to bring India back on high growth...

We need to think what kind of innovation we need to undertake to attain a high growth, said Niti Aayog CEO Amitabh Kant.

18 Sept 2019 6:16 PM IST

Sanjeev Sanyal, principal economic adviser at the Finance Ministry.

More space on monetary side than fiscal for boosting growth: Sanyal

Economic growth hit over six-year low of 5 per cent for the first quarter ended June 2019 mainly driven by demand...

18 Sept 2019 12:42 PM IST