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RBI Governor Urjit Patel at a press conference after the monetary policy review meeting in Mumbai. (Photo: PTI)

RBI seeks more powers to ably regulate PSBs

The total NPAs of all banks (including private) were Rs 8.99 lakh crore.

13 Jun 2018 8:41 AM IST

The inflationary expectations would be seeping even in the core inflation (non-food, non-fuel). Going forward, both external and internal factors would weigh on the mind of the Monetary Policy Committee of the RBI: Assocham

May inflation likely to hit four-month high on oil price surge: report

Consumer price inflation is likely to have accelerated in May, due in large part to a rise in fuel inflation.

11 Jun 2018 11:24 AM IST

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

RBI seeks on payments data storage every fortnight

A payment bank official on the condition of anonymity confirmed receipt of the RBI letter.

11 Jun 2018 9:20 AM IST

Morgan Stanley listed out eight economic indicators that could play a significant role in determining the election outcome.

India to perform better than emerging markets

To the extent that rising oil prices is demand led, the deterioration in India's terms of trade is offset by stronger...

20 Jun 2018 6:41 AM IST

RBIs new directive could lead banks to move to latest Windows 10 OS for their machines, ensuring diminished vulnerability to cyber attacks. (Representative photo: Pexels)

Upgrade OS on ATM machines: RBI to banks

Banks will need to upgrade from Windows XP to a newer OS by September 2019.

25 Jun 2018 9:14 PM IST

October manufacturing PMI data comes in sharp contrast to the robust show by India on World Banks Ease of Doing Business ranking.

Manufacturing PMI growth slows in May, inflationary pressures pick up

India GDP grew at its fastest annual pace in nearly two years during the January-March quarter.

1 Jun 2018 10:49 AM IST

The stock markets will be steered by RBI policy, macroeconomic data points and global trends this week, say experts.

Non-food credit growth up to 10.7 per cent for April: RBI

Priority sector loans growth slowed down to 5 per cent from the 5.7 per cent in the year-ago period.

1 Jun 2018 9:33 AM 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.

IMF welcomes RBI decision to hike interest rates

In January 2014 RBI had increased the repo rate to eight per cent to keep the inflation under check.

8 Jun 2018 9:41 AM IST

Prime Minister Narendra Modi gestures as he speaks during a plenary session on the occasion of World Environment Day in New Delhi. (Photo: AFP)

RBI's rate hike upsets Modi's election year budget maths

Rate hike will push up govt's interest financing cost and add to the fiscal deficit pressure on one hand.

8 Jun 2018 9:15 AM IST

Global ratings agency Fitch on Monday said it is doubtful about the strength of corporate governance at ICICI Bank, amid allegations of impropriety against its MD and Chief Executive Officer Chanda Kochhar.

Companies linked to ICICI Bank controversy come under MCA lens

Specific details about the companies that are under the ministry's scanner were not disclosed.

7 Jun 2018 2:10 PM IST

RBI's policy stand confirms economic activity is on upswing: Goyal

The finance ministry said it welcomed the monetary policy of the banking regulator.

7 Jun 2018 9:16 AM IST

One of the most important sectors from which bank generate its income is through the Home Loan department.

Home loan and auto loan to go up as RBI hikes policy rate

The reverse repo rate, at which it borrows from banks, was also raised by similar proportion to 6 per cent.

6 Jun 2018 5:03 PM IST