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

RBI defends 72 rupee per dollar mark strongly: dealers

After briefly slipping to 72.04 to the dollar in early trade, the Indian rupee stayed above the 72 mark for most of the...

7 Sept 2018 1:56 PM IST

Rural banking has been a great hurdle race ever since the government nationalised major commercial banks and mandated them to focus their thrust on villages.

The price of social banking

The IRDP alone accounted for 40 per cent of the losses incurred by commercial banks in rural lending in India.

6 Sept 2018 6:20 AM IST

Indias widening current account deficit coupled with normalisation of loose policy in developed nations and soaring crude oil prices may weaken rupee towards Rs 67/$1 in the fiscal years that begun from April 1.

Indian cos foreign investment decline 36 pc to USD 1.39 bn in July

In June 2018, domestic firms invested in USD 2.07 billion in their ventures located out of India.

4 Sept 2018 5:19 PM IST

Indias retail inflation cooled to a two-year low in November after demonetisation. (Photo: AP/File)

Retail inflation cools to 11-month low of 3.69 per cent in August

The inflation based on Consumer Price Index (CPI) stood at 4.17 per cent in July and 3.28 per cent in August 2017.

12 Sept 2018 6:02 PM IST

With the rupee resuming its fall after a brief period of consolidation, forex participants are not ruling out of the possibility of the rupee weakening further to breach the 70 level mark. (Photo: AP)

'Govt, RBI to do everything to check rupee slide to unreasonable...

The rupee collapsed to a lifetime low of 72.91 against the dollar.

12 Sept 2018 4:13 PM IST

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

Google ready to comply with RBI norms for payment services, says...

Google wants time until December to comply with it.

10 Sept 2018 7:45 PM IST

The case was first detected by the Delhi police after it intercepted three persons with about Rs 3.7 crore cash in old notes in front of the Axis Bank branch in November last year.

RBI approves Amitabh Chaudhry's appointment as Axis Bank CEO

Chaudhry will be a successor to incumbent CEO Shikha Sharma.

10 Sept 2018 3:22 PM IST

Sebi may summon Kochhars soon; board to discuss coordinated efforts...

The bank and Kochhar have been maintaining there has been no regulatory violation on their part.

9 Sept 2018 6:23 PM IST

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

3 banks fined by Reserve Bank of India for delay in fraud detection

The RBI, in three separate releases, said it has imposed a penalty of Rs 1 crore each on three state-run banks.

9 Sept 2018 2:40 PM IST

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

RBI may conduct OMO this week to ease liquidity, say bankers

Nearly Rs 50,000-60,000 crore of additional liquidity will go out of the system due to advance tax payments.

9 Sept 2018 1:25 PM IST

Company amid crisis in the IL&FS group for alleged defaults in loan payment and corporate governance issues.

India to take action to avoid 'market freeze'

FinMin's top advisor says NBFC contagion will not spread.

27 Sept 2018 12:30 AM IST

The Sensex crashed over 505 points to slip below the 38,000-level as rupee woes and global trade war worries spooked investors despite the government announcing a slew of measures to stem a steep fall in the domestic currency.

Govt to take appropriate action to avoid 'market freeze': govt advisor

The finance ministry, RBI and SEBI are closely following the credit markets.

26 Sept 2018 5:38 PM IST