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Governor Shaktikanta DasOpinion
As it lowers rate, RBI sees hard days ahead

The economy needs to be pumped up as every sector from automobiles to agriculture is seeing a slowdown.

8 Aug 2019 12:00 AM IST

With multiple agencies probing the alleged Rs 13,000-crore fraud at state-run Punjab National Bank, the Reserve Bank of India (RBI) says it has conducted its scrutiny and the matter is currently under examination for \enforcement action\.Business
RBI cuts risk weight on consumer loans to 100 per cent

On a review, it has been decided to reduce the risk weight for consumer credit, including personal loans, RBI statement...

7 Aug 2019 7:35 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.Business
RBI to cover all repetitive bill payments under Bharat Bill Payments...

A detailed guideline in this regard will be issued by September-end.

7 Aug 2019 3:00 PM IST

The previous high quarterly GDP growth was recorded in July-September period in 2014-15 at 8.4 per cent. (Representational Image)Business
RBI lowers GDP growth forecast to 6.9 pc for FY'20 on demand,...

The RBI said various high frequency indicators suggest weakening of both domestic and external demand conditions.

7 Aug 2019 1:36 PM IST

Defending the banks in this issue, a senior official, however, claimed that the quick mortality rate on Mudra loans has come down drastically after strict norms issued by the RBI and the ministry of finance.(Representational image)Business
EMIs likely to come down as RBI cuts interest rate by 35 bps

The fourth consecutive rate cut is expected to lower EMIs for home and auto buyers, and borrowing cost for corporates.

7 Aug 2019 12:49 PM IST

Reserve Bank of India (RBI)Business
Experts hope another 25 bps rate cut by RBI

Talking to reporters after the meeting, SBI chairman Rajnish Kumar had said he was hopeful of another rate cut by MPC.

6 Aug 2019 5:54 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.Business
Consensus for 25 bps rate cut, 'accommodative' stance

Experts see the slowdown of global economic growth and lack of impetus in domestic inflation as reasons for a 25 bps...

6 Aug 2019 1:12 AM IST

Finance Minister Nirmala SitharamanBusiness
Bankers agree to take steps to review interest rates: FinMin

Banks need to commensurately transmit rate cut benefit in lending, said an official release.

5 Aug 2019 8:27 PM IST

Reserve Bank of India (RBI)Business
RBI may go for 25 bps rate cut on Wednesday: Report

Consensus expects RBI to lower repo rate by 25 bps to 5.50 pc at its monetary policy meeting on August 7, DBS said.

5 Aug 2019 4:50 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.Business
India seen set for fourth interest rate cut of 2019

Almost 80 per cent of 66 economists surveyed by Reuters expected the RBI to cut its benchmark repo rate by 25 bps.

2 Aug 2019 4:19 PM IST

Bombay high courtMetros
Bombay HC seeks RBI reply on changes in currency, coins

The petition claimed that frequent changes in currency and coins made it difficult for visually impaired persons to...

2 Aug 2019 3:25 AM IST

BCCI President Anurag ThakurBusiness
PMC Bank crisis 'eye opener', RBI looking into lapses: Thakur

PMC Bank came under stress due to alleged financial irregularities forcing the RBI to impose restriction on it.

30 Sept 2019 3:38 PM IST

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