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Reserve Bank of India announced a slew of measures to maintain market stability. (PTI Photo)

Lakshmi Vilas Bank placed under moratorium, RBI proposes merger with...

As part of the moratorium, the regulator has capped deposit withdrawals by customers to Rs 25,000

18 Nov 2020 3:29 AM IST

Reserve Bank of India on Thursday released a national strategy for financial education to be implemented in the next five years. (PTI Photo)

RBI announces Co-lending scheme for banks, NBFCs for priority sector

The primary focus of the revised scheme is to improve the flow of credit to the unserved and underserved sector of the...

6 Nov 2020 1:42 PM IST

HDFC customers who want to subscribe to IPO of Ujjivan Small Finance Bank (closing on December 4) and buy Sovereign Gold Bonds (December 2 to December 6) through the bank are suffering.

RBI imposes Rs 1 crore penalty on HDFC Bank

A notice was issued to the private lender to show cause as to why penalty should not be imposed for non-compliance with...

30 Jan 2020 1:54 PM IST

State banks reported 5,743 cases of fraud in the period, most of which had taken place over the last several years.

Urban cooperative banks report nearly 1,000 frauds worth over Rs 220...

The central bank said a total of 181 fraud cases involving Rs 127.7 crore were noticed during 2018-19.

27 Jan 2020 1:10 PM 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 to hold rates on inflation concerns, fiscal boost likely: report

The RBI was forecast to next cut rates by 25 basis points to 4.90 per cent in the October-December quarter.

23 Jan 2020 1:14 PM IST

The RBI minutes from October policy review underscored the monetary policy committee members unanimous decision to keep rates lower.

Interim dividend issue may come up in next RBI's board meeting

The country's GDP growth is seen dipping to an 11-year low of 5 per cent in the current fiscal as compared to 6.8 per...

20 Jan 2020 12:01 PM IST

The RBI minutes from October policy review underscored the monetary policy committee members unanimous decision to keep rates lower.

RBI may put rate cuts on extended pause after spike in inflation

Economists said the MPC may watch for a possible reversal in food prices to see how inflation pans out in coming months.

15 Jan 2020 10:09 AM IST

The RBI minutes from October policy review underscored the monetary policy committee members unanimous decision to keep rates lower.

Govt appoints Michael Patra as RBI Deputy Governor

Patra will serve as the deputy governor for three years from the time of his appointment.

14 Jan 2020 12:11 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 buys net USD 6.93 billion in currency market in November: report

The RBI bought USD 7.46 billion and sold USD 530 million in the market in November.

13 Jan 2020 12:30 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)

Indian government to seek RBI dividend boost as revenue drops

Reserve Bank of India approved a 1.76 trillion rupees (USD 24.8 billion) dividend payment to the federal government

11 Jan 2020 10:57 AM IST

The RBI minutes from October policy review underscored the monetary policy committee members unanimous decision to keep rates lower.

RBI announces auction of 63-day Govt of India Cash Management Bill

Cash Management Bills are short term bills issued by the central government to meet its immediate cash needs.

10 Jan 2020 1:09 PM IST

Investors added risk in November as their portfolios are no longer explicitly geared to assets that outperform in a low growth & low inflation backdrop, the survey said.

Inflation probably breached RBI target in December: report

India's annual consumer inflation rose to 6.20 per cent in December from November's 5.54 per cent.

9 Jan 2020 1:00 PM IST