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There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

RBI policy, PMI data hold key to stock markets this week

Market participants are now primed for the upcoming RBI policy review slated for October 3-4.

2 Oct 2017 10:29 AM IST

Raghuram Rajan has written about his experiences in India as RBI governor in his recently launched book I do what I do. (Photo: PTI)

Need broad-based economic growth, more job opportunities: Rajan

Short-term political solutions to the job reservation issue can damage the fabric of the country.

27 Nov 2017 11:53 AM IST

The government expects a helping hand from the RBI in the form of interest rate cut in the next monetary policy review on Wednesday to boost the slowing economy. Photo: PTI

RBI study claims major drop in cash payments after note-ban

Demonetisation has impacted the inter-bank payments and settlement system significantly in moving cash transactions.

25 Nov 2017 11:04 AM IST

According to IFA Global, a forex and treasury solution firm, the Indian rupee is the third best performing Asian currencies this year, up 4.63 per cent in the March quarter, its best quarterly gains since September 2012.

Rupee skids from 3 week high to 64.70, down 12 paise

RBI, meanwhile, fixed the reference rate for the dollar at 64.7328 and for the euro at 76.7213.

24 Nov 2017 7:19 PM IST

Indias forex reserves have shot up considerably.

Forex reserves rise by USD 240.4 million to USD 399.53 billion

Country's reserve position with Fund increased by USD 12.1 million to USD 2.273 billion.

24 Nov 2017 6:32 PM IST

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

RBI relaxes 26 per cent debt-equity conversion cap for ARCs

Central bank also asked the boards of ARCs to frame a policy for converting debt into equity.

24 Nov 2017 11:30 AM IST

Reserve Bank Governor Urjit Patel. (Photo: PTI)

Urjit Patel appointed on BIS advisory board

The FSI was jointly created in 1998 by the BIS and the Basel Committee on Banking Supervision.

16 Nov 2017 9:41 AM IST

WPI inflation, which reflects the annual rate of price rise, has risen for the second straight month, notwithstanding the cash crunch following demonetisation.

WPI inflation at 6 month high of 3.59 per cent

Government data released showed that inflation in food articles more than doubled to 4.30 per cent in October.

14 Nov 2017 2:01 PM IST

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

RBI may leave rates on hold after higher prices: experts

RBI in its policy review meet on October 4, kept benchmark interest rate unchanged on fears of rising inflation.

14 Nov 2017 12:08 PM IST

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

No Islamic banking in India, equal opportunities available to...

Islamic or Sharia banking is a finance system based on the principles of not charging interest.

12 Nov 2017 11:48 AM IST

The government expects a helping hand from the RBI in the form of interest rate cut in the next monetary policy review on Wednesday to boost the slowing economy. Photo: PTI

RBI remains net buyer of greenback in Sep, snaps up $1.3 bn

RBI intervenes in the foreign market to contain volatility in the rupee and not set a price band.

12 Nov 2017 11:08 AM IST

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

T expertise at banks' board level a must: RBI Executive Director

Banks need to have a broader organisational framework to prepare for cyber security threats.

9 Nov 2017 6:48 PM IST