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

Govt's intense pressure on RBI could undermine India's long-term...

India's banking system continues to factor in its relatively weak governance and transparency.

17 Dec 2018 3:55 PM IST

Economic Affairs Secretary Shaktikanta Das

New RBI gov puts off hard decisions

The RBI's autonomy has been under the scanner with the Narendra Modi government bypassing it on significant issues.

16 Dec 2018 12:00 AM IST

RBIs newly-appointed Deputy Governor and noted economist Viral Acharya

Public credit registry better for SMEs, not spl norms: Acharya

The poll-bound government has also been pitching for easing the prompt corrective action norms.

15 Dec 2018 2:36 PM IST

Banning of letters of undertaking (LoUs) and letters of comfort (LoCs) by the RBI as trade finance instruments is likely to reduce financial flexibility of importers, a Fitch group company said on Wednesday.

RBI board agrees to further examine governance framework

RBI board also reviewed the current economic situation, both global and domestic challenges.

14 Dec 2018 4:26 PM IST

Economic Affairs Secretary Shaktikanta Das

RBI board meeting underway to discuss new economic capital framework

The 18-member RBI board will also deliberate on relaxation of prompt corrective action norms.

14 Dec 2018 12:01 PM IST

Chief Economic Advisor Arvind Subramanian

RBI reserve should be used to fix financial system: Subramanian

Savings should not be used for current consumption, but for long-term investment, says Arvind Subramanian.

14 Dec 2018 11:20 AM IST

Union Minister Nitin Gadkari on Wednesday clarified over his alleged statement that BJP made tall promises in 2014 elections. (Photo: Twitter | ANI)

Unfair to call Vijay Mallya thief for one loan default: Nitin Gadkari

Gadkari, however, clarified that he has no business dealing with Vijay Mallya, who faces extradition from the UK for...

14 Dec 2018 8:20 AM IST

The Reserve Bank is expected to go for a hike in key policy rates by the fourth quarter of this year.

RBI may cut rates by 50bps in 2019

Core inflation too moderated to 5.4 per cent in November from around 6 per cent reported in the previous month.

14 Dec 2018 1:35 AM IST

It was passed by the Lok Sabha on August 2, superseding the amendments earlier carried out by the Rajya Sabha.

Parl winter session: Cong moves adjournment motion over Rafale,...

Aam Aadmi Party (AAP) MP Sanjay Singh has given a Zero Hour Notice in the Rajya Sabha over sealing in Delhi.

13 Dec 2018 11:04 AM IST

Chief Economic Adviser Arvind Subramanian

Central bank autonomy -"sacred-": Arvind Subramanian

The government wants the RBI to liberalise the PCA framework so that more banks are able to lend liberally.

12 Dec 2018 5:52 PM 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)

Expects RBI Guv Shaktikanta Das to address liquidity issue urgently:...

'Govt, in selecting experienced economic expert, has avoided disruption and imparted huge confidence to investors and...

11 Dec 2018 8:43 PM IST

The Reserve Bank of India on Friday fixed the reference rate of the rupee at 64.9884 against the US dollar.

RBI remains net seller of US dollar in Oct; sells USD 7.2 billion

Central bank purchased USD 945 million, while sold USD 8.149 billion in the spot market, according to the data.

11 Dec 2018 6:22 PM IST