RBI,

Weakening growth made RBI Governor go for 35 bps rate cut: MPC minutes

Weakening growth made RBI Governor go for 35 bps rate cut: MPC minutes

Two of his RBI colleagues and an independent member in the rate-setting Monetary Policy Committee (MPC) had also favoured a 35-basis point

Economy recedes with poor timing of policy changes

Economy recedes with poor timing of policy changes

The years of 2014-19 are representative of several measures taken by the government to make it easier to do business. There were a pletho...Read More

IL&FS did not disclose NPAs for 4 years: RBI

IL&FS did not disclose NPAs for 4 years: RBI

"Wide divergences were observed between reported and assessed position of assets classification and provisions," the 5th progress report ...Read More

Sensex, Nifty end with small gains; banks, auto stocks drag

Sensex, Nifty end with small gains; banks, auto stocks drag

Sensex erased gains of 300 points in the later part of the session to close higher by only 52.16 points or 0.14 per cent.

RBI's Shaktikanta Das says its time that other banks also linked loans with external benchmarks

RBI's Shaktikanta Das says its time that other banks also linked loans with external benchmarks

While SBI was to first one to link its loans and deposits to the repo rate from May and home loans from July.

The flip-flop continues

The flip-flop continues

The Finance Ministry is holding back-to-back discussions with the Prime Minister's office and the Reserve Bank of India to come out with ...Read More

‘Key IL&FS committees didn’t meet for years’

‘Key IL&FS committees didn’t meet for years’

As the liquidity crunch in the non-banking finance company (NBFC) sector, which came to light with the IL&FS crisis, continues to drag th...Read More

Delhi High Court pulls up RBI for delay in filing response to PIL

Delhi High Court pulls up RBI for delay in filing response to PIL

The Delhi High Court rapped the RBI on Friday for its "callous", "careless" and "negligent" attitude in not filing a response, from Febru...Read More

Forex reserves drop by USD 697 million

Forex reserves drop by USD 697 million

The country's foreign exchange reserves declined by USD 697.2 million to USD 428.952 billion in the week to August 2, due to fall in fore...Read More

Government and RBI are in it together, says Nirmala Sitharaman

Government and RBI are in it together, says Nirmala Sitharaman

Few days back, Reserve Bank governor Shaktikanta Das said that the government and the central bank are working together to bring back the...Read More

Rate reduction is arbitrary

Rate reduction is arbitrary

The Monetary Policy Committee (MPC) resolution on August 07, 2019 with a 4:2 votes decided to reduce policy repo rate by 35 basis points,...Read More

Jana Small Finance Bank receives Scheduled Bank status from RBI

Jana Small Finance Bank receives Scheduled Bank status from RBI

The bank's aim has always been to provide financial inclusion to the underserved sections of the society, including small business units,...Read More

Not too much, not too less: RBI stops at 35 bps cut

Not too much, not too less: RBI stops at 35 bps cut

As it is already stated in the MPC resolution, which is already put in the public domain, there is demand and investment slowdown.

Back-to-back cuts to spur growth

Back-to-back cuts to spur growth

The Monetary Policy Committee of the RBI on Wednesday cut the repo rate by 35 basis points, to make it 5.40 per cent. This is the fourth ...Read More

RBI opens more liquidity taps to NBFCs

RBI opens more liquidity taps to NBFCs

Mumbai: Governor Shaktikanta Das Wednesday said the Reserve Bank will not allow any large and systemically important entity from the trou...Read More

Good news! RBI allows round-the-clock fund transfers under NEFT from December

Good news! RBI allows round-the-clock fund transfers under NEFT from December

The RBI has decided to allow round-the-clock fund transfers through NEFT from December this year in order to promote digital transactions...Read More

RBI's MPC meeting starts with expectation of another rate cut

RBI's MPC meeting starts with expectation of another rate cut

The Monetary Policy Committee headed by RBI Governor Shaktikanta Das Monday started deliberations on the third bi-monthly policy review o...Read More

D Subbarao says raiding RBI reserves shows Center’s “desperation"

D Subbarao says raiding RBI reserves shows Center’s “desperation"

Raiding the reserves of the central bank only illustrates the "desperation" of a government, and we should be very wary and careful while...Read More

RBI's higher interest rate a major reason for slowdown, claims RSS' economic wing

RBI's higher interest rate a major reason for slowdown, claims RSS' economic wing

"The RBI has been the major reason for the slowdown. The Monetary Policy Committee of the RBI has been working on the wrong model and fau...Read More

Bombay High Court poser to RBI on note size change

Bombay High Court poser to RBI on note size change

A bench of Chief Justice Pradeep Nandrajog and Justice Nitin Jamdar also took a jibe at the apex bank's 'demonetisation' move.

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