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Indias forex reserves have shot up considerably.

Forex reserves at life-time peak of USD 375.71 bn

Country's reserve position with the Fund, too, declined by USD 58.4 million to USD 2.288 billion.

12 May 2017 7:07 PM IST

Photo caption: Under it, C-GST will be levied by the Centre, S-GST by states and I-GST on inter-state supply of goods and services. (Representational Image)

GST best bet for states to improve finances: RBI

Goods and Services Tax regime is likely to champion a new course for cooperative federalism in India.

12 May 2017 6:20 PM IST

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

April CPI inflation to slip to 3.2 per cent: BofA-ML

Retail inflation jumped to a five-month high of 3.81 per cent in March.

12 May 2017 12:34 PM IST

People standing in a long queue to exchange their old Rs 500 and 1000 notes outside RBI headquarters in New Delhi. (Photo: PTI)

Demonetisation: Use of old notes extended till November 24, micro-ATMs...

Economic affairs secretary Shaktikanta Das said that ATMs are expected to start dispensing Rs 2,000 notes as soon as...

15 Nov 2016 2:12 AM IST

People queue up outside an ATM to withdraw money in Madhya Pradesh on Sunday. (Photo: PTI)

Special task force to recalibrate ATMs to dispense Rs 2000 notes

The eight-member task force has been mandated to chalk out a strategy for expeditious reactivation of all ATMs.

14 Nov 2016 5:14 PM IST

Chief Economic Advisor Arvind Subramanian

Self-censored experts are useless to RBI: CEA

By trying to remain in favour, no one is going to benefit.

12 May 2017 12:44 AM IST

Axis Bank MD and CEO Shikha Sharma

NPA norms welcome, will force decisions: Axis' Shikha Sharma

All bad assets will not turn good, and banks will have to take haircuts because of this mechanism.

11 May 2017 5:20 PM IST

Reserve Bank of India (Photo: PTI)

Enough cash at banks: RBI as anger intensifies over note ban

Need not come to banks repeatedly to draw and hoard; cash is available when you need it, RBI said.

13 Nov 2016 1:24 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RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

IDBI Bank on RBI's radar for bad loans

RBI may also impose restrictions on the bank on borrowings from interbank market.

10 May 2017 2:01 PM IST

Representational Image

Paytm to start payments bank; Renu Satti to be CEO

Paytm Payments Bank Ltd (PPBL) has received the final licence from the RBI and would commence its operations on May 23.

17 May 2017 7:57 PM IST

Under the PMGKY after payment of tax, 25 per cent of the unaccounted money will have to be mandatorily parked with the government for 4 years as non-interest bearing deposit.

India added 91 lakh new taxpayers after note ban

Around Nov 8 last year, there were 5 crore taxpayers in country who now stand at 5.91 crore.

17 May 2017 11:07 AM IST

Paytm has updated its app to launch Indias first APP POS, which will democratise digital payments. (Photo: Representational Image)

Paytm to start payments bank operations from May 23

Payments banks can accept deposits from individuals and small businesses up to Rs 1 lakh per account.

17 May 2017 9:55 AM IST