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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

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

Next parliamentary panel meeting on finance to be held on June 19

The standing committee meeting is likely to discuss ways to tackle the growing menace of chit fund agencies.

12 Jun 2018 7:11 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 67.4571 against dollar

The exchange rates for the pound and the yen against the rupee were 90.0620 and 61.10 per 100 yens, respectively.

12 Jun 2018 3:44 PM IST

Reserve Bank Governor Urjit Patel

RBI Governor Urjit Patel appears before parliamentary panel

The panel has summoned Patel to discuss various issues including the amount of cash returned post demonetisation.

12 Jun 2018 1:37 PM IST

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

Reserve Bank of India releases June 2018 issue of monthly bulletin

The Bulletin includes Second Bi-monthly Monetary Policy Statement for the Year 2018-19.

12 Jun 2018 1:14 PM IST

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

Reserve Bank of India turns net seller of US dollar in April

In FY18, the apex had net purchased USD 33.689 billion from the spot market.

11 Jun 2018 7:40 PM IST

Y. Venugopal Reddy

Ex-RBI gov slams govt over PNB probe

Reddy also said that after all it is the common man, who will ultimately bear the brunt of the losses due to such...

11 Jun 2018 1:35 AM IST

Cash recovered by Income Tax department from a bank locker in Pune. (Photo: PTI)

Currency with public hits record at over Rs 18 lakh crore

After the recent cash crunch, the government had announced that printing of Rs 500 notes would be stepped up.

10 Jun 2018 12:19 PM IST