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Former Reserve Bank governor D Subbarao

Former RBI governor D Subbarao backs setting up of a bad bank to...

Even the Economic Survey 2017 had proposed this idea, suggesting the creation of a bad bank called Public Sector Asset...

26 Aug 2020 12:36 PM IST

The newly-issued Rs 2000 notes. (Photo: PTI)

Don't jump, Rs 2000 currency notes slowly being phased out

As per RBI's latest annual report, the big note was not printed at all during 2019-20

26 Aug 2020 9:24 AM IST

RBI may extend moratorium on repayment of loans for three more months. (PTI Photo)

We've good news: Crooks stole only Rs 28k crore during corona quarter

Bank frauds down from Rs 43k crore seen in the April-June quarter of 2019

26 Aug 2020 8:58 AM IST

The RBI draws its powers from several Indian statutes, the most significant of them being the Reserve Bank of India Act, 1934. (AFP)

Rate cuts don't interest MPC any more. Let's worry about inflation now

Report by SBI research says we're at the end of the rate-cut cycle which began in Feb. 2019

22 Aug 2020 12:12 AM IST

Reserve Bank of India on Thursday released a national strategy for financial education to be implemented in the next five years. (PTI Photo)

RBI releases national strategy for financial education, aims to create...

The strategy will develop credit discipline and encourage availing credit from formal financial institutions as per...

20 Aug 2020 2:24 PM IST

Indias July retail inflation dims chances of rate cut. (AFP Photo)

Retail inflation inches up to nearly 7% in July on higher food prices

Food prices soared due to supply-side disruptions caused by the coronavirus lockdown and rose 9.62% compared to a jump...

14 Aug 2020 10:08 AM IST

Former Reserve Bank of India governor Raghuram Rajan. (PTI Photo)

India must focus on protecting economy not on what rating agencies...

He said the RBI needs to focus on whether credit is reaching the stressed areas of the economy

7 Aug 2020 9:09 AM IST

RBI keeps interest rates on hold; raises limit for gold loans. (PTI Photo)

RBI increases gold loan-to-value ratio to 90%, interest rates...

Monetary Policy Committee after three days of deliberations voted unanimously to leave the policy repo rate unchanged at...

6 Aug 2020 2:52 PM IST

Loans will be secured against receivables and guaranteed by respective state government. (PTI Photo)

Moratorium period on loan repayment extendable by two years: Centre,...

The apex court had earlier asked the Centre and the RBI to review the move to charge interest on deferred EMIs during...

1 Sept 2020 2:50 PM IST

Reserve Bank of India announced a slew of measures to maintain market stability. (PTI Photo)

RBI rides to rescue, unveils steps to cool rising bond yields

The RBI has allowed an additional 2.5 per cent of deposits for banks as HTM for the second half of the current financial...

1 Sept 2020 12:28 PM IST

An elevated inflation rate is also a cause of concern for the RBI, though it has decided to accord priority to economic growth in the near future. (AA file Photo)

RBI may keep rates on hold

The six-member rate setting panel (MPC) is meeting for three days starting Monday with the outcome being announced on...

6 Dec 2021 2:29 AM IST

In August 2019, the Reserve Bank of India (RBI) had issued a framework for processing of e-mandates on recurring online transactions. Representational image

RBI extends timeline to comply with new rule for online transactions...

The primary objective of the framework was to protect customers from fraudulent transactions and enhance customer...

1 April 2021 7:41 AM IST