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Finance Minister Sitharaman to address RBI central board on July 8

Issues related to the overall economy and fiscal policy decisions taken by the government will be taken up during the...

2 July 2019 6:29 PM IST

Citing rules, Sitharaman stated that Section 178(5) and 178(6) of the Companies Act. (Photo: ANI)

Govt considering giving more powers to RBI to regulate NBFCs:...

As on June 23, 2019, 9,643 NBFCs were registered with RBI.

1 July 2019 5:06 PM IST

NS Vishwanathan was appointed as RBI Deputy Governor on July 4, 2016 for a period of three years. (Photo: rbi.org.in)

NS Vishwanathan given 1 year extension as Deputy Governor of RBI

Previously NS Vishwanathan was appointed as RBI Deputy Governor on July 4, 2016 for a period of three years.

1 July 2019 2:47 PM IST

Reserve Bank of India (RBI)

RBI plays white knight to cash-strapped govt

The FD target for FY 2019-20 is an unreachable 2.85 per cent of GDP.

31 Aug 2019 12:06 AM IST

The Union government, or for that matter, the ministry of finance should not interfere in the functioning and decision-making powers of the RBI. (Photo: AFP)

RBI's contingency fund falls to Rs 1.96 lakh crore

The RBI said as of June 30 it stands as a central bank with one of the highest levels of financial resilience...

30 Aug 2019 1:47 AM IST

The Union government, or for that matter, the ministry of finance should not interfere in the functioning and decision-making powers of the RBI. (Photo: AFP)

Bank frauds take 74pc leap to Rs 71,543 crore in FY19: says Reserve...

Report states, 'balance in contingency fund as of June 30, 2019 was Rs 1.96 lakh crore compared to Rs 2.32 lakh crore as...

29 Aug 2019 6:55 PM IST

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

What went behind RBI decision to transfer funds?

The RBI was founded in 1935 and has been operating according to the Reserve Bank of India Act of 1934.

28 Aug 2019 2:47 AM IST

Reserve Bank of India (RBI)

Huge RBI dividend a bonanza for government

The RBI is aware and concerned about slow growth and cut interest rates in its policy statement.

28 Aug 2019 1:10 AM IST

The Union government, or for that matter, the ministry of finance should not interfere in the functioning and decision-making powers of the RBI. (Photo: AFP)

RBI approves surplus transfer of Rs 1.76 lakh crore to government

This follows the RBI board accepting the recommendation of high-level panel headed by its former governor Bimal Jalan.

26 Aug 2019 9:08 PM IST

Shares of DHFL were up 4.5 per cent at 128.80 rupees.

DHFL resolution: Banks may convert debt into equity, says Union Bank

DHFL owes over Rs 45,000 to banks, and the rest to other financiers including mutual funds, pension funds and insurers.

21 Aug 2019 12:31 PM IST

State Bank of India, SBI, had earlier reduced minimum balance requirement. (Photo: PTI)

Link bulk deposits to repo for effective transmission of interest...

A dozen public sector banks, including State Bank of India, have voluntarily linked their interest rates to repo.

21 Aug 2019 11:31 AM IST

The Union government, or for that matter, the ministry of finance should not interfere in the functioning and decision-making powers of the RBI. (Photo: AFP)

Government, RBI must work closely for a 'big bang' cut

Every bank has to deposit a percentage of their deposits in the RBI to safeguard the interests of the depositors.

20 Aug 2019 8:21 AM IST