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

Normal monsoon may prompt rate cuts by RBI in August: report

RBI is expected to go for a 25 basis points rate cut in key rates in its policy review meet in August.

18 April 2018 1:15 PM IST

The newly-issued Rs 2000 notes. (Photo: PTI)

ATMs go dry but pause on printing of Rs 2,000 notes

The government suspects Rs 2,000 notes were being hoarded and it plans to increase five-fold the printing of Rs 500...

18 April 2018 12:13 PM IST

RBI governor Urjit Patel

Parliamentary panel calls Urjit Patel to answer queries on bank scams

Patel had recently said that the RBI doesn't have adequate powers to deal with pubic sector banks.

17 April 2018 3:19 PM IST

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

No 'quid pro quo' in ICICI loans to Videocon two years ago: RBI docs

The RBI had undertaken a scrutiny in mid-2016.

15 April 2018 2:05 PM IST

The countrys foreign exchange reserves hit a life-time high of USD 424.361 billion after rising by USD 1.828 billion in the week to March 30, helped by rise in foreign currency assets, the Reserve Bank said on Friday.

India's forex reserves at record high of USD 424.867 billion

In the previous week, the reserves had surged by USD 1.828 billion to USD 424.366 billion.

13 April 2018 5:37 PM IST

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

Analysts uncertain on RBI rate cut due to inflation concerns

Even as inflation cooled to 4.3 per cent for March led by food prices, analysts are not so certain about a policy rate...

13 April 2018 3:45 PM IST

IDBI shares fell as much as 3.5 per cent to 73.6 rupees.

RBI slaps Rs 3 crore monetary penalty on IDBI bank

Reserve Bank of India imposed monetary penalty worth Rs 3 crore on IDBI Bank for not complying with the norms.

12 April 2018 2:28 PM IST

The Reserve Bank of India on Friday fixed the reference rate of the rupee at 64.9884 against the US dollar.

RBI sets rupee reference rate at 64.9368 against US dollar

The Reserve Bank of India on Tuesday fixed the reference rate of the rupee at 64.9368 against the US dollar and 79.9047...

10 April 2018 5:52 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 64.9287 against US dollar

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

9 April 2018 4:30 PM IST

The privatisation of loss-making Air India has hit a roadblock at the starting line-up itself.

Air India sale hits air pocket

The condition is that if the buyer is into aviation business, it will keep Air India's operations at arm's length.

9 April 2018 12:01 PM IST

The Reserve Bank is expected to go for a hike in key policy rates by the fourth quarter of this year.

RBI may start off rate hike cycle by Q4 2018: report

The global financial services major, expects the start of a shallow rate hike cycle by the fourth quarter of 2018.

8 April 2018 1:30 PM IST

ASSOCHAM, cautioned that extreme care needs to be taken to ensure safety of data trail that the cryptocurrency can leave, as it changes hands through a range of electronic devices and platforms.

Cryptocurrency: ASSOCHAM calls for extreme care

it is quite pragmatic and courageous of the RBI to initiate exploratory steps towards the world of virtual currencies.

8 April 2018 11:18 AM IST