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Finance Minister Arun Jaitley (Photo: PTI)

Arun Jaitley-led panel takes note of economic headwinds

Council in its 17th meeting also took note of progress of Financial Sector Assessment Programme for India.

22 Aug 2017 4:09 PM IST

Wholesale Price Index or wholesale inflation is also down in June.

Retail inflation to be within RBI's 2-6 pc target: BofAML

However, global brokerage firm adds inflationary pressures are expected to remain contained by good rains.

21 Aug 2017 2:30 PM IST

Finance Minister Arun Jaitley (Photo: PTI)

Not all money returned after note ban was legal: Jaitley

RBI on Wednesday disclosed it received scrapped notes worth Rs 15.28 lakh crore since November 8 last year.

31 Aug 2017 11:13 AM IST

Former Union finance minister and senior Congress leader P Chidambaram (Photo: PTI)

Shame on RBI that recommended demonetisation: Chidambaram

Former Finance Minister says note ban was a scheme to convert black money into white.

30 Aug 2017 7:02 PM IST

The bag contained Rs 500 and Rs 1000 currency notes, which were demonetised by the government earlier this month.

Just 1.4 per cent old Rs 1,000 notes not returned post note ban: RBI

The old notes were allowed to be deposited in banks, with unusual deposits coming under income tax scrutiny.

30 Aug 2017 6:47 PM IST

Old Rs 500 notes were banned along with Rs 1,000 curreny notes on November 8 last year. (Photo: PTI/FIle)

RBI says received 99 per cent of scrapped Rs 500/1000 notes worth Rs...

Govt cancelled Rs 1,000 and Rs 500 currency notes as part of drive against black money and tax evasion.

30 Aug 2017 5:56 PM IST

The government has proposed a penal tax rate of 50 per cent to incentivise black money hoarders to switch to formal economy.

India's GDP growth seen picking up to 6.6 per cent but GST fogs...

RBI earlier this month became the first major central bank in Asia to cut interest rates this year.

28 Aug 2017 12:59 PM IST

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

Govt notifies changes in Banking Regulation Act

The banking sector is saddled with NPAs of over Rs 8 lakh crore of which Rs 6 lakh crore PSBs.

27 Aug 2017 2:06 PM IST

A mangled coach of the Puri-Hardwar Utkal Express train being hauled off the tracks by a crane at the accident site in Khatauli near Muzaffarnagar. (Photo: PTI)

Dilli Ka Babu: RBI's new talent hunt

The last five years have witnessed over 450 railway accidents claiming more than 800 lives.

27 Aug 2017 5:39 AM IST

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.

Few credit channels missing in RBI data

During the week to August 4, there was an incremental credit degrowth of Rs 1.1 trillion, according to the RBI data.

21 Aug 2017 3:54 AM IST

Finance Minister Arun Jaitley (Photo: PTI)

NPA resolution not to liquidate cos, but to help save them: Jaitley

Gross NPAs have crossed 9.6 per cent as of March 2017 while stressed loans ratio is over 12 per cent.

19 Aug 2017 1:48 PM IST

Finance Minister Arun Jaitley and RBI governor Urjit Patel at an undated event. (Photo: PTI)

Give more funds to banks to end bad loans crisis: Patel

Patel says extra funds could be raised at market and through govt diluting its stake in state-run banks.

19 Aug 2017 1:14 PM IST