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Finance Minister Arun Jaitley

Jaitley to launch Airtel's Payments Bank tomorrow

Airtel Bank became the first entity in India to receive a payments bank licence from the Reserve Bank of India (RBI).

11 Jan 2017 7:45 PM IST

RBI governor Urjit Patel. (Photo: PTI)

Urjit Patel urges govt to be mindful of debt level

Patel at Vibrant Gujarat Summit says govt debt to GDP ratio was constraining country's sovereign ratings.

11 Jan 2017 4:08 PM IST

Congress Vice President Rahul Gandhi. (Photo: Twitter/Office of RG)

Only Congress can bring 'acche din': Rahul attacks Modi

Rahul Gandhi accused Narendra Modi of weakening institutions like the Reserve Bank on India.

11 Jan 2017 12:24 PM IST

Paytm Payments Bank is aimed to build a new business model in banking industry, focussed on bringing financial services to hundreds of millions of unserved or underserved Indians.

Users won't lose their money: Paytm

The company said that as per RBI guidelines, Paytm Wallet will soon be transferred to the newly incorporated Paytm...

11 Jan 2017 5:53 AM IST

Finance Minister Arun Jaitley (Photo: PTI)

RBI verifying numerical accuracy of old notes: Jaitley

Central bank has been entrusted with job of counting old notes deposited post cash recall.

25 July 2017 6:50 PM IST

Viral Acharya. (Photo: YouTube screengrab)

Cleaning of banks' balance sheet top priority: Viral Acharya

Banks are saddled with non-performing assets (NPAs) of over Rs 7 lakh crore.

22 July 2017 4:37 PM IST

Representational Image

CPI inflation to rise above RBI target

UBS has estimated CPI inflation in second half of 2017-18 to average at 5-5.5 per cent.

31 May 2017 7:52 PM IST

Reserve Bank of India

RBI to keep rate unchanged,policy to be less hawkish

56 of 60 surveyed, expected the committee to leave the repo rate, its main policy rate.

31 May 2017 5:08 PM IST

Deputy Governor S S Mundra

RBI may introduce bank account number portability

RBI deputy governor S S Mundra says idea can be a reality with technological innovations in place.

31 May 2017 1:52 PM IST

RBI governor Urjit Patel

RBI meets bankers to discuss bad loan resolution

Central bank sought views and suggestions of bank heads on how to tackle bad loan problem.

31 May 2017 10:34 AM IST

Chanda Kochhar of ICICI Bank. (Photo: File)

'Chanda Kochhar draws Rs 6.09 cr remuneration in FY17'

Total compensation paid to our MD and CEO in FY17 stood at Rs 6.09 crore not Rs 7.84 crore.

30 May 2017 10:27 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 unlikely to cut rates; to be less hawkish at next policy'

MPC may choose to observe the actual progress of the monsoon and the adjustment during the transition to the GST.

29 May 2017 2:49 PM IST