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Reserve Bank of India, RBI, is a banking regulator. It also calculates and fixes repo rate. (Photo: AFP)

Govt likely to make announcement on RBI soon: Finance Secretary

RBI has been rendered headless following Patel's unexpected resignation, with immediate effect.

11 Dec 2018 1:48 PM IST

The Monetary Policy Committee (MPC), headed by RBI Governor Urjit Patel, started its 2-day meeting on Wednesday.

RBI slaps Rs 1 cr fine on Indian Bank for violating cyber security...

The contravention is with regard to RBI's directions on Frauds- Classification and Reporting by Commercial Banks.

11 Dec 2018 1:32 PM IST

Rajiv Kumar joined as the new vice-chairman of Niti Aayog on Friday. Photo: Twitter| @NITIAayog

'RBI not dependent on one individual': NITI Aayog on Urjit Patel exit

The functioning of the central bank is not dependent on any particular individual.

11 Dec 2018 12:24 PM IST

NS Vishwanathan was appointed as RBI Deputy Governor on July 4, 2016 for a period of three years. (Photo: rbi.org.in)

After Urjit Patel quits, Deputy Governor NS Vishwanathan may be RBI...

If appointed interim head, NS Vishwanathan would head the central board meeting scheduled this Friday, the sources said.

11 Dec 2018 8:49 AM IST

State-owned Punjab National Bank (PNB) has hired lawyers to represent itself in the bankruptcy proceedings of the US-based Firestar Diamond.

Top executives at fraud-hit PNB misled RBI, CBI alleges

RBI had repeatedly cautioned all banks, including PNB, and had sought details from the banks.

22 May 2018 9:10 AM IST

Subhash Chandra Garg

India's bond borrowing plan to stay on course: Garg

Government will continue its bond market borrowing plan during April-September without any interruption.

19 May 2018 5:06 PM IST

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

RBI seen turning hawkish in June, raising rates in August

RBI may announce a change in policy stance during the June meeting and follow that up with a hike in August.

31 May 2018 12:40 PM IST

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

RBI audit reveals NPA divergence of Rs 45,600 cr in PSBs

SBI had reported a net loss of Rs 3,969.2 crore in the fourth quarter of last fiscal compared to Rs 1,045.5 crore.

30 May 2018 8:51 AM IST

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

RBI's June policy a close call, tone to remain hawkish: UBS

The MPC maintained status quo for the fourth consecutive time since August last year.

29 May 2018 2:11 PM IST

Employees of public sector banks have threatened to go on two-day nation-wide strike from May 30.

21 PSBs lost Rs 25,775 crore to frauds in FY18

RBI in its reply on May 15 did not specify details of any particular case of banking fraud.

29 May 2018 8:45 AM IST

The RBI has always said monetary policy should be accompanied by fiscal policy if the wheels of the economy are to be greased. (Photo: PTI)

RBI gets tough on MNC banks, asks them to create sub-targets to meet...

All bank loans to MSMEs will now qualify under PSL without any credit cap.

5 March 2018 11:52 AM IST

The Nikkei India Services PMI Business Activity rose to 51.7 in October, from 50.7 in September. (File Photo)

India's services industry contracts in February as inflation hits...

Services activity suffered for most of last year following a ban of high value currency notes in November 2016.

5 March 2018 11:12 AM IST