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When China closed its local cryptocurrency exchanges late last year, an underground ecosystem of bitcoin mules and peer-to-peer platforms sprung up to allow bitcoin trading to thrive, away from regulators watchful eyes.

Cryptocurrency industry facing tough phase in India, says expert

RBI notification is one among many reasons for this tough phase in MTCX.

16 May 2018 1:44 PM IST

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

RBI may go for 3 rate hikes from December quarter: report

It may go for three rate hikes by 2019 taking the key policy rate to 6.75 per cent.

14 May 2018 2:10 PM IST

The Reserve Bank of India on Monday fixed the reference rate of the rupee at 64.9287 against the US dollar and 79.6870 for the euro.

RBI sets rupee reference rate at 67.2203 against US dollar

The Reserve Bank of India on Friday fixed the reference rate of the rupee at 67.2203 against the US dollar and 80.0863...

11 May 2018 3:10 PM IST

Inflation in onion continued to rule high at 42.22 per cent and in potato at 43.25 per cent.

Retail inflation seen climbing on higher oil prices: reports

April will be the sixth straight month of inflation above the RBI's 4 per cent medium-term target.

11 May 2018 2:21 PM IST

Union Bank of India Ltd reported on Thursday a 25.83 billion-rupee net loss for its fourth quarter.

Union Bank of India sees improvement after USD 384 million loss

Twenty one banks majority owned by New Delhi account for bulk of India's bad loans.

11 May 2018 12:04 PM IST

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

RBI refuses to ease NPA norm, shocks power sector

RBI is not in favour of any special forbearance for the sector that would have prevented the loans from being...

9 May 2018 12:59 PM IST

Visiting Venezuelan Foreign Minister Jorge Arreaza said in New Delhi on Monday that Venezuela wants trade with India in oil and other commodities such as food and medicines to be conducted in Indian Rupees and not in US Dollars. (Representational image)

RBI sets rupee reference rate at 66.6093 against US dollar

The corresponding rates were 66.6636 yesterday.

3 May 2018 1:43 PM IST

Visiting Venezuelan Foreign Minister Jorge Arreaza said in New Delhi on Monday that Venezuela wants trade with India in oil and other commodities such as food and medicines to be conducted in Indian Rupees and not in US Dollars. (Representational image)

RBI sets rupee reference rate at 66.6636 against US dollar

The corresponding rates were 66.7801 and 80.7438, as on Friday Apr 27.

2 May 2018 4:28 PM IST

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

RBI must act as alert inspector, not just off-site surveyor, says...

The union suggested that the RBI should undertake random supervision of bank branches.

15 Jun 2018 12:00 PM IST

Punjab National Bank today said money of customers is safe and asserted that there would be zero tolerance towards unethical practices.

Scam-hit PNB's capital adequacy fall below regulatory requirement

At the end of March, 2018, total capital ratio as per the Basel- III requirement declined to 9.20 per cent.

13 Jun 2018 6:24 PM IST

According to HSBC, the public spending component of GVA and the government consumption component of GDP grew at a rapid pace, accounting for roughly one-fifth of overall growth.

RBI may hike rates again in August on rise in inflation, say analysts

Analysts at German brokerage Deutsche Bank also said they expect a 0.25 per cent rate hike by the RBI at the August...

13 Jun 2018 5:35 PM IST

RBI Governor Urjit Patel, will announce the resolution of the MPC on its first bi-monthly monetary policy for financial year 2018-19 later in the day.

No RBI nominee should be on banks' boards, says Urjit Patel

The central bank is discussing the matter of RBI nominee director with the Finance Ministry.

12 Jun 2018 7:33 PM IST