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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 allows payment of all recurring bills through BBPS

The system will provide multiple payment modes and instant confirmation of payment.

17 Sept 2019 9:05 AM IST

Economic Affairs Secretary Shaktikanta Das

5 pc Q1 growth surprise; economy will look up with measures taken: RBI...

He said that the RBI has been cutting rates to give a boost to the economy as slowdown was visible for past few months.

16 Sept 2019 7:28 PM IST

SBI to move RBI to offer fixed-floating rate home-loans: Chairman

SBI to move RBI to offer fixed-floating rate home-loans: Chairman

Floating rate loans are re-set as when the interest rates fall or rise, but fixed rate loans are reset in 9-12 months.

16 Sept 2019 9:54 AM IST

Currently, the repo operations are of short-term, usually of overnight, wherein banks can borrow money from the RBI at the prevailing repo rate.

RBI proposes Rs 200 cr minimum capital for small banks

The foreign shareholding in the small finance bank would be as per the extant FDI policy for private sector banks.

14 Sept 2019 12:07 PM IST

Currently, the repo operations are of short-term, usually of overnight, wherein banks can borrow money from the RBI at the prevailing repo rate.

RBI likely to go for further policy easing in Oct 4 meet

The central bank has already reduced the key policy rate four times in the current calendar year

13 Sept 2019 1:38 PM IST

Reserve Bank of India (RBI)

RBI increases banks' loan exposure limit to single NBFC

RBI increased loan exposure limit of banks to a single NBFC from 15 per cent to 20 per cent.

13 Sept 2019 9:01 AM IST

The inflationary expectations would be seeping even in the core inflation (non-food, non-fuel). Going forward, both external and internal factors would weigh on the mind of the Monetary Policy Committee of the RBI: Assocham

Retail inflation inches up to 10-month high of 3.21 pc in August

However, retail inflation is still within the Reserve Bank's target range, thus keeping hopes of another rate cut alive.

12 Sept 2019 7:18 PM IST

Union Railways Minister Piyush Goyal (Photo: File)

Govt to release norms for foreign exchange loans to exporters at...

The programme will make foreign exchange credit available to exporters at competitive rates, said Commerce Minister...

12 Sept 2019 2:24 PM IST

International rating agency Moodys Investors Service on Tuesday warned that weak growth prospects for India will complicate the governments fiscal consolidation efforts, weighing on the sovereigns credit quality.

RBI mandate on floating rate benchmark rates is credit negative for...

This is credit negative for India's banks as it will limit their flexibility in managing interest rate risk, Moody's...

10 Sept 2019 2:12 PM IST

Inflation in onion continued to rule high at 42.22 per cent and in potato at 43.25 per cent.

India August inflation likely rose, but rate cuts still on the cards:...

The expected rise in inflation comes despite the price of oil, India's biggest import, falling by more than 7 per cent.

10 Sept 2019 9:27 AM IST

Currently, the repo operations are of short-term, usually of overnight, wherein banks can borrow money from the RBI at the prevailing repo rate.

RBI panel for standard format of documents to promote home loan...

PTCs issued in mortgaged-backed securitisation should be mandatorily listed if the securitisation pool is larger than Rs...

10 Sept 2019 8:59 AM IST

The government was forecast to set a fiscal deficit target of 3.6 per cent of GDP for 2020-21, up from 3.3 per cent targeted for the current year, the poll found.

RBI makes mandatory for banks to link retail loans with external...

A move aimed at ensuring faster transmission of policy rate cuts to borrowers.

5 Sept 2019 10:49 AM IST