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Arun Jaitley said, the reservation formula for the Patel community is legally and constitutionally untenable. (Photo: PTI)

Civil accounts dept has sanctity attached; can't afford to err:...

Civil Accounts Department is one that cannot afford to err because a small error can lay a huge foot prints.

3 March 2018 10:47 AM IST

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

RBI conducts risk-based supervision on annual basis: PNB

RBI has not conducted any audit at PNB's Brady House branch in Mumbai.

1 March 2018 1:12 PM IST

Rahul Gandhis remarks came after top leaders of over a dozen opposition parties met in New Delhi as part of attempts to forge a front to take on the BJP in the 2019 Lok Sabha elections. (Photo: PTI)

BJP behaving like dictator: Oppn says assault on institutions like RBI...

'Institutions, from CBI to RBI, have become total disasters. This has never happened. It is matter of great shock,'...

10 Dec 2018 8:20 PM IST

Deputy governor Viral Acharya today said the switch to GDP is mainly to conform to international standards.

Baseless, incorrect': RBI denies reports about Viral Acharya's...

Within minutes of Governor Urjit Patel announcing his decision to quit, there have been reports of Acharya also...

10 Dec 2018 7:57 PM IST

Former RBI governor Raghuram Rajan on Friday said universities need to be safe spaces. (Photo: AP/File)

All Indians should be concerned: ex-RBI Guv Rajan on Urjit Patel's...

Patel, who faced possibility of unprecedented action from govt over differences on issues, resigned from his job, citing...

10 Dec 2018 7:42 PM IST

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

Important for Indian govt to heed RBI's message on financial...

Central bank does have to be intimately concerned with financial stability to some degree and with the payment system.

10 Dec 2018 2:24 PM IST

Kotak Mahindra Bank on Tuesday said it will offer debit card at a special price of Rs 99 for the first year for customers who will open account under its zero balance account scheme till September 15.

Promoter stake dilution: Kotak Mahindra Bank moves Bombay HC against...

Shares of Kotak Mahindra Bank were trading down 5.87 per cent down at Rs 1,207 per scrip on BSE.

10 Dec 2018 1:47 PM IST

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

Keep more capital buffer for your own interest: RBI ED to banks

Banks with capital will get going and those without it will be punished by the ecosystem.

7 Dec 2018 12:22 PM IST

Domestic investors were reluctant to expand their portfolios ahead of the RBIs monetary policy review, brokers said.

RBI may cut rates by 0.25 pc in Feb or April policy review: BofAML

Central bank maintained status quo on all key policy rates in the fifth bi-monthly monetary policy review.

6 Dec 2018 2:58 PM IST

Deputy governor Viral Acharya today said the switch to GDP is mainly to conform to international standards.

No need for RBI to help NBFCs as lender of last resort: Acharya

The central bank is guided by the principle of addressing system-wide liquidity requirements, says Acharya.

5 Dec 2018 4:56 PM IST

RBI governor Urjit Patel

Patel parries all questions about spat with govt

Section 7 of the RBI Act which empowers government to direct the central bank to undertake certain policy measures in...

5 Dec 2018 4:27 PM IST

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

RBI retains GDP projection for current fiscal at 7.4 per cent

India's economic growth fell to 7.1 pc in the second quarter of the current fiscal, from 8.2 per cent.

5 Dec 2018 4:10 PM IST