Reserve Bank of India,

RBI eases no-frills a/c norms

Banks will now provide cheque books and other facilities to basic account holders, with the Reserve Bank of India relaxing the norms on M...Read More

Nirmala Sitharaman’s big challenge

Nirmala Sitharaman’s big challenge

On Thursday, the Reserve Bank of India’s Monetary Policy Committee further lowered the key lending rate or repo rate by 25 basis points t...Read More

RBI could have done more to overcome liquidity woes

RBI could have done more to overcome liquidity woes

Industry leaders said on Thursday that while Reserve Bank of India's decision to cut repo rate by 25 basis points rate cut was on expecte...Read More

RBI removes charges on RTGS, NEFT transactions, asks bank to pass on benefits to customers

The Real Time Gross Settlement System (RTGS) is meant for large-value instantaneous fund transfers while the National Electronic Funds Tr...Read More

RBI cuts repo rate by 25 basis points to 5.75 pc, loans may get cheaper

RBI cuts repo rate by 25 basis points to 5.75 pc, loans may get cheaper

Mumbai: The Reserve Bank of India (RBI) on Thursday cut repo rate for the third consecutive time this year to 5.75 per cent from the curr...Read More

Excess RBI cap proposals: Finance secretary, Bimal Jalan panel disagree

Excess RBI cap proposals: Finance secretary, Bimal Jalan panel disagree

New Delhi: Differences regarding the Reserve Bank of India’s ‘excess’ reserves have spilt into the expert committee formed to look at the...Read More

Provide names of big loan defaulters: CIC to RBI    

New Delhi: The Central Information Commission (CIC) has directed the Reserve Bank of India to disclose the list of big loan defaulters it...Read More

RBI moots tighter norms for NBFCs, liquidity cover ratio

RBI moots tighter norms for NBFCs, liquidity cover ratio

Mumbai: In a move that will further dampen sentiment for non-bank finance companies even as it aims to improve their liquidity, the Reser...Read More

RBI Governor Shaktikanta Das worships at Tirumala temple

RBI Governor Shaktikanta Das worships at Tirumala temple

Tirupati: Reserve Bank of India Governor Shaktikanta Das offered prayers at the famous hill shrine of Lord Venkateswara at Tirumala here ...Read More

RBI calls for low-cost, more secure payments

Mumbai: The Reserve Bank of India’s Payment and Settlement Systems in India: Vision 2019-21, released on Wednesday, makes a pitch for an ...Read More

Yes Bank shares tumble over 8 pc; m-cap drops by Rs 2,873 cr

Yes Bank shares tumble over 8 pc; m-cap drops by Rs 2,873 cr

New Delhi: Shares of Yes Bank plummeted over 8 percent on Wednesday after the RBI appointed an additional director on the board of the pr...Read More

RBI appoints former dy-guv Gandhi on Yes Bank board

RBI appoints former dy-guv Gandhi on Yes Bank board

New Delhi: Yes Bank said on Wednesday the Reserve Bank has appointed former RBI deputy governor R Gandhi as an additional director on its...Read More

‘RBI needs to go for large rate cut in June’

New Delhi: The RBI needs to go in for a larger rate cut, more than 25 basis points, in the next monetary policy review in June to reverse...Read More

Gold never old: RBI to augment reserves as global uncertainties loom

Gold never old: RBI to augment reserves as global uncertainties loom

Mumbai: Rising trade protectionist measures along with threat of a currency shock and dovish global monetary policy might compel India’s ...Read More

RBI likely to cut interest rate again in June; no cut thereafter

RBI likely to cut interest rate again in June; no cut thereafter

New Delhi: The Reserve Bank of India (RBI) is likely to cut interest rates one more time in June before rising inflation pressures and el...Read More

Chanda Kochhar ‘misled’ RBI on giving loan to Essar

News Delhi: Former MD and CEO of ICICI Bank Chanda Kochhar is alleged to have “misled” the Reserve Bank of India (RBI) in 2014 on a $365-...Read More

Government takes over NHB from RBI

Government takes over NHB from RBI

New Delhi: The government has issued a notification taking over the National Housing Bank (NHB) after buying entire stake for Rs 1,450 cr...Read More

‘RBI should mandate disclosure of defaulters’

‘RBI should mandate disclosure of defaulters’

Chennai: In view of the recent ruling of the Supreme Court, the government has to amend the Reserve Bank of India (RBI) Act sooner or lat...Read More

Greenish-yellow, Ellora motif on reverse: How the new Rs 20 note will look like

New Delhi: The Reserve Bank of India (RBI) has announced that it will shortly issue Rs 20 denomination banknotes, in the Mahatma Gandhi (...Read More

NPA: RBI mulls on 60 days repayment time

NPA: RBI mulls on 60 days repayment time

New Delhi: The Reserve Bank of India (RBI) is working on revising the framework for resolution of stressed assets, including providing ad...Read More