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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 may ease rates, hinting banks to cut lending rates: BofAML

RBI rate cuts will likely endanger the much-needed bank lending rate cut before the busy industrial season sets in...

9 Jun 2017 4:56 PM IST

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

Strong autonomy message: MPC declines FinMin meet request

All the MPC members declined the request of the finance ministry for that meeting.

8 Jun 2017 12:17 PM IST

The government expects a helping hand from the RBI in the form of interest rate cut in the next monetary policy review on Wednesday to boost the slowing economy. Photo: PTI

RBI retains economic growth projection at 6.7 per cent for FY'18

RBI kept repo rate unchanged at 6 per cent and reverse repo at 5.75 per cent.

6 Dec 2017 3:17 PM IST

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

RBI keeps repo rate unchanged at 6 per cent

The meeting is taking place at a time when the wholesale prices based inflation in Oct shot up to a 6-month high.

6 Dec 2017 2:42 PM IST

Reserve Bank of India, RBI, is a banking regulator. It also calculates and fixes repo rate. (Photo: AFP)

RBI wary on inflation, set to keep rates on hold

RBI is likely to reiterate concern about inflation, as annual rate increased to 3.58 per cent in October.

5 Dec 2017 12:21 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.

Dressed-up Budget figures can't hide reality

The decline in lending to industry was focused on the infrastructural sector, with power and telecommunications setting...

10 Feb 2017 4:27 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 signals end to easing cycle, low rate regime

Central bank in its Feb 8 policy meet changed its stance to neutral from accommodative, stunning bond investors.

9 Feb 2017 11:12 AM IST

RBI governor Urjit Patel

RBI's neutral policy keeps repo rate unchanged

Mint Street retaining 6.25 per cent repo rate not in line with wide expectations of monetary easing.

8 Feb 2017 2:53 PM IST

RBI governor Urjit Patel

RBI maintains rates on inflation concerns

The staggered impact of HRA increases by various state governments may push up housing inflation further in 2018.

7 Dec 2017 1:24 AM IST

RBI kept interest rates unchanged despite calls for lowering it while it slashed the economic growth projection by half a per cent to 7.1 in the first policy review post demonetisation.

India may miss out on growth estimate

Nomura expects the RBI to cut the repo rate by 25 bps to 6 per cent in February and stay on hold thereafter.

23 Dec 2016 1:33 AM IST