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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)

AA Edit | RBI 4% inflation goal laudable

Food production in a predominantly rain-fed country could have a huge impact on the economy in both demand and supply...

27 Jun 2023 12:00 AM IST

Though the GDP numbers grew with low base effect, there are also other significant reasons which suggest a recovery in the economy. (Twitter)

AA Edit | Economy in the right direction

PM Narendra Modi said that the 2022-23 GDP growth figures underscores the resilience of the Indian economy amidst global...

2 Jun 2023 12:10 AM IST

Digital payments company Paytm has partnered with Twitter to integrate Twitter Highlights

RBI Bars Paytm Bank from Offering Banking Services After February 29

Paytm customers can continue to utilise balances from their accounts, including savings and current without restriction

1 Feb 2024 1:38 AM IST

The governments Bank Note Paper Mill India (BNPM) has received green signal to increase the production of bank note paper at its Mysuru unit in Karnataka from 12,000 tonnes per annum (TPA) to 16,000 TPA.

Bank credit grows at 12.64 per cent, deposits at 7.61 per cent

Advances to industry grew by 0.7 per cent in March 2018, compared with a contraction of 1.9 per cent in March 2017.

24 May 2018 2:25 PM IST

The survey said the problem has continued to fester as Non-Performing Assets (NPAs) of the banking system (especially public sector banks) keep increasing, while credit and investment keep falling.

PSBs wrote off Rs 28,781 crore in FY18

It said that the amounts written off (including through compromise) by PSBs were Rs 27,231 crore during FY13.

14 March 2018 1:57 AM IST

Food inflation was 2.11 per cent last month, lower than Octobers 3.32 per cent.

Inflation falls to 4.4 per cent, factory growth rises

A lower inflation is considered to be an ideal situation for central bank to slash prices to aid industrial and...

13 March 2018 2:20 AM IST

The survey said the problem has continued to fester as Non-Performing Assets (NPAs) of the banking system (especially public sector banks) keep increasing, while credit and investment keep falling.

Rs 2.30 lakh crore NPAs written off in 5 years

In the last few years the profit of Indian banks has been coming down due to write-offs and provisioning for bad debts.

10 March 2018 2:04 AM IST

The Rs 20 notes accounted for 9.8 per cent of the total number of currency notes in circulation at the end of March 2018. (Photo: RBI release)

RBI to soon release new Rs 20 bank note

The new look notes are being introduced since November 2016 under Mahatma Gandhi (New) series.

25 Dec 2018 12:40 PM IST

The agenda going forward is clear: The banks have to regain the confidence of investors so that they can raise funds from the capital markets and not be dependent on government. (Representational image)

Saving the suited-booted'

Equally important is ruthless recovery of loans from the big corporates.

25 Dec 2018 1:38 AM IST

Shaktikanta Das

New raja likely to be a good fit at Mint Street

The first two governors of the RBI worked under the Raj.

19 Dec 2018 1:53 AM IST

Former PNB MD misled RBI: CBI chargesheet

Ananthasubramanian was among the PNB officials chargesheeted in the case.

22 May 2018 1:54 AM IST

Reserve Bank of India keeps the repo rate and reverse repo rate unchanged.

RBI tweaks norms for setting up of IFSC Banking Units

RBI said modification has been made based on suggestions from stakeholders to consider minimum prescribed regulatory...

17 May 2018 8:49 PM IST