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Panic among people during the initial days (of demonetisation) had led customers rushing to banks and deposit their money. (Photo: Representational Image/PTI)

NSDL to shortly seek final RBI go-ahead for payments bank

RBI to start payments banks with an 18-month window to apply for the final nod.

21 Jan 2017 12:43 PM IST

RBI Governor Urjit Patel (Photo: PTI)

Govt did not heed to our warning on note ban: RBI to PAC

Despite its own doubts, central bank approved plan to ban Rs 500 and Rs 1,000 notes under govt pressure.

21 Jan 2017 10:30 AM IST

RBI governor Urjit Patel (Photo: PTI)

No fake notes seized by CBEC till December 30: RBI

The CBEC is a part of the department of revenue under the finance ministry.

21 Jan 2017 2:44 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.

RBI refrains from releasing asset liability figures

This is probably the first time, RBI has not come out with the figures for week ended June 30.

17 July 2017 6:06 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RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

RBI pushes 'Make in India' for currency security features

RBI cancelled two tenders issued earlier for supply of security features and fibre for currency notes.

17 July 2017 5:55 PM IST

While Bhushan Steel is in default of Rs 44,478 crore to banks, Essar Steel owes Rs 37,284 crore and Electrosteel Steels Rs 10,273.6 crore. (Representational image)

Gujarat HC junks Essar Steel plea against RBI's order

Essar Steel was among 12 accounts that were identified for insolvency proceedings.

17 July 2017 5:35 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RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

RBI skips disclosing balance sheet for first time

This figure is significant as it would help in estimating real impact of demonetisation on RBI's balance sheet.

17 July 2017 12:27 PM IST

The annualised fresh NPA generation declined to 4.1 per cent during the third quarter of 2016-17.

'Rs 8 lakh crore NPAs may face bankruptcy proceedings by Mar 2019'

NPAs are a big drain on the financial health of banks especially public sector banks.

16 July 2017 4:40 PM 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.

Pressure mounts on RBI to cut policy rate: Experts

MPC in its previous review in June had retained the repo rate at 6.25 per cent

16 July 2017 12:21 PM IST

LIC bought an additional stake of over 3 per cent in Bank of India for about Rs 450.88 crore. (Representational Image)

Bank of India eyes net profits in second quarter

As per RBI norms, Bank of India was supposed to be under threshold one of prompt and corrective action.

15 July 2017 4:31 PM IST

Indias forex reserves have shot up considerably.

Forex kitty dips USD 161.9 mn to USD 386.377 bn

Country's reserve position with the IMF too dipped by USD 3 million to USD 2.319 billion.

14 July 2017 6:19 PM IST

Congress Vice President Rahul Gandhi. (Photo: PTI).

Govt needs Math tutor: Rahul taunts RBI for not finishing scrapped...

P Chidambaram also taunted the RBI for buying couting machines 8 months later and asked them if they had ever heard of...

14 July 2017 11:07 AM IST