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

RBI hikes key rate 2nd time in two months

This is the second consecutive rate hike by the RBI after it increased the repo rate by similar percentage points in its...

2 Aug 2018 2:00 AM IST

RBI Governor Urjit Patel at a press conference after the monetary policy review meeting in Mumbai. (Photo: PTI)

RBI hikes key rate second time in two months

Retail inflation pegged at 4.8 per cent for second half of current fiscal.

2 Aug 2018 12:58 AM IST

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

RBI hikes repo rate by 25 bps to 6.5 pc after its 3rd bi-monthly MPC...

Reserve Bank of India has hiked the repo rate for the second consecutive month.

1 Aug 2018 2:43 PM IST

$The settlement, which still needs approval by the banks board, would release Credit Suisse from \potential civil claims by the DoJ$ Business

Rupee may dip to 70 per US dollar

Credit Suisse says oil price remains key factor; RBI may hike rates.

8 Aug 2018 12:27 AM IST

The ED registered a case against the accused under the Foreign Exchange Management Act (FEMA) and is likely to arrest the accused soon.

Weakness in rupee to continue further, may fall to Rs 70 per dollar

The rupee hit a fresh two-week low of 68.93 against the USD in early session.

7 Aug 2018 11:53 AM IST

HDFC Bank raises fixed deposit rates by up to 0.6 per cent

The deposit of maturity 6-9 months would earn 6.75 per cent, 40 basis points higher than previous rate.

6 Aug 2018 3:24 PM IST

The government aims to contain the fiscal deficit for FY18 to 3.2 per cent of the GDP, and 3 per cent in FY19.

Analysis: RBI chooses between falling rupee and banking cash crunch

Economists suspect it may choose currency stability, regardless of how tight funding conditions get.

3 Aug 2018 2:10 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)

China printing Indian currency notes, says report

A host of countries, including India, have contracts with the Chinese government for printing of currency notes, says...

14 Aug 2018 10:09 AM IST

New notes of Rs 2000 issued by the Reserve Bank of India. (Photo: PTI)

Law soon for exchange of torn Rs 2,000 and Rs 200 notes

At present, banks are finding it impossible to exchange soiled Rs 200 and Rs 2,000 banknotes.

14 Aug 2018 9:35 AM IST

Chinas foreign exchange reserves rose slightly in March as broad U.S. dollar weakness continued.

RBI net sells USD 6.184 billion of US currency in June

Reserve Bank continued to remain net seller of the US currency for the third consecutive month in June.

12 Aug 2018 5:18 PM IST

Banning of letters of undertaking (LoUs) and letters of comfort (LoCs) by the RBI as trade finance instruments is likely to reduce financial flexibility of importers, a Fitch group company said on Wednesday.

Falling rupee will burn a hole in our pockets

There are hopes in some quarters that the Reserve Bank of India would intervene to stop the rupee's slide.

18 Aug 2018 12:36 AM IST

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

RBI deputy governor Kanungo worried over rising debt levels of states

Kanungo said the time has come for each state to manage its own borrowings.

31 Aug 2018 4:20 PM IST