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Reserve Bank Governor Urjit Patel. (Photo: PTI)

NPA resolution: RBI chief calls for recapitalisation of banks

Gross NPA ratio of the banking system at 9.6 per cent and stressed advances ratio at 12 per cent as of March 2017.

19 Aug 2017 1:13 PM IST

New notes will have designs and geometric patterns aligning with the overall colour schemes, both at the obverse and reverse. (Photo: PTI)

RBI to issue new fluorescent blue Rs 50 notes

New note having dimension of 66 mm X 135 mm will bear the year of printing on the reverse side.

18 Aug 2017 8:18 PM IST

The e-filing facility for ITR-1, which is to be enabled from April 1, will have an online tax calculator and ITRs can be filed till the stipulated deadline of July 31.

India will benefit from growing tax revenue in FY2018: DBS

As of April-July, direct taxes were up 19 per cent Year on-Year and indirect up 16 per cent (April-June).

18 Aug 2017 1:13 PM IST

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

Rate cut to boost private investment: Urjit Patel

The 0.25 per cent lowering of the repo rate to 6 per cent comes after a 10-month pause.

2 Aug 2017 7:21 PM IST

FPIs had invested over Rs 20,000 crore in the capital market in September 2016.

RBI proposes Rs 5,000 cr separate IRF investment window for FPIs

FPI limit for govt securities is fungible between investments in securities and investment in bond futures.

2 Aug 2017 6:57 PM IST

According to a study by one participant, over 4.6 lakh of the citys nearly 42 lakh houses (10.5 per cent) are lying vacant.

'RBI rate cut to boost housing sales this festive season'

Reduction in Repo rate will push the banks to further reduce the lending rates.

2 Aug 2017 6:20 PM IST

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

RBI to keep retail inflation near 4 pc on 'durable basis'

Retail inflation may rise in near term due to pay commission payouts and price adjustments post GST rollout.

2 Aug 2017 4:56 PM IST

Economic Affairs Secretary Subhash Chandra Garg, (Photo credit: World Bank)

RBI rate cut important step for sustained growth: Finance Ministry

Monetary policy statement was arrived after a two- day meeting of the MPC headed by RBI Governor Urjit Patel.

2 Aug 2017 4:36 PM IST

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

RBI cuts key rate by 0.25 per cent; to lower home, auto EMIs

This is the first rate cut since October 2016 and the interest rate is now at 6-year low.

2 Aug 2017 3:01 PM IST

Finance Minister Arun Jaitley speaks in the Rajya Sabha in New Delhi. (Photo: AP)

Banks restructure corporate loans of Rs 2.04 lakh cr in FY17

Amount of corporate loans restructured by lenders has seen a decline in the last three financial years.

1 Aug 2017 6:32 PM IST

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

RBI's bi-monthly MPC meet begins, 25 bps cut in repo rate likely

The central bank is meeting on August 1 and 2, which is third such meeting this year.

1 Aug 2017 3:12 PM IST

Minister of State for Finance Arjun Ram Meghwal.

Notes in circulation at 86 pc of pre-note ban level: Meghwal

RBI has made arrangements for supply of adequate banknotes in various denominations.

4 Aug 2017 5:06 PM IST