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Meanwhile, Congress MP Rajni Patil gave zero hour notice in Rajya Sabha over the issue of 33 per cent reservation for women in Parliament and Assembly. (Photo: ANI)

Govt may consider approval of Rs 5,500-cr FAME-II scheme this month

The scheme in its second phase will offer a bouquet of incentives, such as exemption from paying road tax, registration...

17 Feb 2019 11:00 AM IST

$Midsize private sector lender Yes Bank is aiming to evolve itself into a \technology company in the business of banking\ and has accordingly announced a rejig of its senior management.$ Business

RBI threatens action against Yes Bank for disclosing nil divergence...

Yes Bank had said the RBI has not found any divergence in the asset classification, provisioning done by the lender...

16 Feb 2019 2:10 PM IST

$Midsize private sector lender Yes Bank is aiming to evolve itself into a \technology company in the business of banking\ and has accordingly announced a rejig of its senior management.$ Business

Yes Bank stock bounces 30 per cent

The shares of the private bank closed at Rs 221 on the BSE, gaining 30.73 per cent or Rs 51.95 per share.

15 Feb 2019 2:01 AM IST

Foreign portfolio investors (FPI) have pulled out more than Rs 7,300 crore from the equity markets in August.

Cap on FPI investment in corporate bond lifted

RBI will also come out with draft guidelines by the end of next month to rationalise interest rate derivative...

8 Feb 2019 1:34 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

Rate cycle reversing, but banks may go slow on interest cut

This is the first rate cut since August 2017.

8 Feb 2019 1:33 AM IST

Shaktikanta Das

Growth in focus, more rate cuts on the cards

The rate cut decision was accompanied by a shift in the monetary policy stance to neutral' from calibrated tightening.'

8 Feb 2019 1:33 AM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

RBI likely to change stance, close on rate cut

A 25 basis point rate cut by mid-2019 is to be expected.

5 Feb 2019 10:53 AM IST

The benchmark Sensex pared some gains and were trading higher by 0.69 per cent or 233.02 points at 34,080.25 at 0955 hrs. (Photo: File)

RBI rate decision, macro data announcement to drive equities this week

Foreign fund movement, trend in rupee and outcome of the US-China trade talks would also be monitored for further cues,...

31 March 2019 12:03 PM IST

The increase in FDI is crucial in 2018-19 as increase in import bill is expected to widen the current account deficit (CAD).

Current account deficit widens to 2.5 pc of GDP in Q3

The deficit, had moderated to USD 19.1 billion or 2.9 per cent of GDP in the preceding quarter (July-September).

29 March 2019 7:10 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI likely to cut repo rate by 25 bps in April policy: Report

Goldman Sachs had earlier expected no change in the policy rate in the April meeting.

28 March 2019 6:30 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI's $5 bn forex swap auction proves a hit

Earlier this month, the RBI had announced that it would buy dollars from banks for three years and offer them rupees in...

27 March 2019 1:41 AM IST

Shaktikanta Das

New modes of lending, fund raising on cards

In this context, Governor Shaktikanta Das said he would meet the heads of payments bank this week.

26 March 2019 1:46 AM IST