RBI

RBI Dy Governor Viral Acharya resigns 6 months before term ends

New Delhi: Reserve Bank of India (RBI) Deputy Governor Viral Acharya resigned six months before the scheduled end of his…

Clear indication of economy losing traction: RBI Governor

Mumbai: Reserve Bank of India Governor Shaktikanta Das had, in the last Monetary Policy Committee (MPC) meeting, said that there…

RBI penalises HDFC Bank for violating KYC norms

Mumbai: The Reserve Bank of India (RBI) has imposed a fine of Rs one crore on private sector lender HDFC…

Slowdown in agriculture, manufacturing may pull GDP down to 6.6 pc: Fitch

NEW DELHI: Global rating agency Fitch Ratings has cut forecast for India's gross domestic product (GDP) growth to 6.6 per…

Banks to attract penalty if ATMs run dry: RBI

New Delhi: The Reserve Bank of India (RBI) shall now impose a penalty on banks if they run out of…

RBI has scope for another interest rate cut due to lower WPI inflation: Ind-Ra

New Delhi: India Ratings and Research (Ind-Ra) said on Friday that a key driver of lower wholesale inflation has been…

MCA hints at RBI inaction on non-compliance of IFIN on key benchmarks

New Delhi: The Ministry of Corporate Affairs (MCA) has hinted at the indifference of RBI on the IL&FS's financial services…

RBI rate cut unlikely to stimulate growth due to poor transmission: Ind-Ra

New Delhi: A rate cut, which is almost certain in the second bi-monthly monetary policy statement for 2019-20, is unlikely…

Sensex crashes over 500 points on ‘low’ rate cut

Mumbai: Disappointment over a less-than-expected lending rate cut by the Reserve Bank of India (RBI) dragged the S&P BSE Sensex…

RBI to remove transaction charges on RTGS, NEFT

Mumbai: In a bid to boost digital fund transfer systems, the Reserve Bank on Thursday said that it will remove…

Stocks plunge despite RBI rate cut, financials under pressure

Mumbai: Equity benchmark indices were dragged down by financial stocks in afternoon trade on Thursday even though the Reserve Bank…

No charges on NEFT, RTGS ; RBI turns accomadative

Mumbai: Home and auto loans are set to become cheaper as the Reserve Bank of India (RBI) on Thursday lowered…

Financial Literacy Week to commence from June 3-7, says RBI

Mumbai: Financial Literacy Week 2019 will be observed from June 3-7 on the theme of "Farmers" and how they benefit…

RBI constitutes task force on development of secondary market for corporate loans

New Delhi: Reserve Bank of India (RBI) on Thursday announced the creation of task force on the development of a…

RBI extends RTGS timings from 4:30 pm to 6 pm

New Delhi (India): With an aim to ease high-value fund transfers, the Reserve Bank of India (RBI) on Tuesday announced…

RBI Governor calls on Jaitley, terms it a courtesy call

New Delhi: Reserve Bank of India (RBI) Governor Shaktikanta Das called on Union Finance Minister Arun Jaitley here on Sunday.…

RBI’s revised stress assets resolution circular soon

New Delhi: The Reserve Bank of India's revised stress assets resolution circular is likely to be out after lifting of…

RBI Central Board meets at Chennai

Chennai: The Reserve Bank of India's (RBI) Central Board met today in Chennai under the Chairmanship of Shaktikanta Das, Governor,…

RBI Central Board meets in Chennai

Chennai (Tamil Nadu): The Reserve Bank of India's (RBI) Central Board met today in Chennai under the Chairmanship of Shri…

Gold Never Old-II: RBI to augment reserves as global uncertainties loom

Mumbai: Rising trade protectionist measures along with the threat of a currency shock and dovish global monetary policy might compel…