Reserve Bank of India
- India
RBI retains repo rate at 6.5 percent
Chennai: As predicted by economists, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) did not change the repo rate from 6.50 percent. Announcing the decision of the MPC…
- India
RBI says 88 pc of Rs 2,000 notes returned to banks
Mumbai: The Reserve Bank on Tuesday said 88 per cent of the Rs 2,000 banknotes valued at Rs 3.14 lakh crore have returned to the banking system after it announced withdrawal of…
- India
RBI won’t revise repo rate, decision to be unanimous: Economists
Chennai: Despite food inflation and existance of continued geo-political and climate risks, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) will not change the interest rate from the current 6.5…
- India
Are star series currency notes legal? Know what RBI says
New Delhi: Amid speculations at emergence of bank notes having a star (*) symbol in the number panel, the Reserve Bank of India (RBI) on Thursday clarified that these are the same…
- Business
GST collection, devolution a success story in NE: Sitharaman
Guwahati: The North Eastern states have scripted a success story in the collection and devolution of the Goods and Services Tax (GST), Union Minister for Finance and Corporate Affairs Nirmala Sitharaman said…
- India
India needs 7.6 pc annual growth for 25 years to become developed economy: RBI
New Delhi: India’s real GDP needs to grow at the rate of 7.6 per cent annually over the next 25 years to become a developed economy, Reserve Bank of India’s (RBI) bulletin…
- India
Fake currency notes: RBI lodges FIR against bank managers in K’taka
Bengaluru: The Reserve Bank of India (RBI) has lodged an FIR against bank managers after detecting counterfeit notes in the money remitted to it by these banks, police said on Friday. According…
- Business
J Swaminathan takes charge as RBI Deputy Governor
New Delhi: Top banker J. Swaminathan on Monday took charge as the Deputy Governor of Reserve Bank of India (RBI). The government on June 21 had appointed him to the post of…
- Business
More than two-thirds of Rs 2,000 notes returned within a month of withdrawal: Das
Mumbai: Reserve Bank Governor Shaktikanta Das has said that within a month of the recall order, more than two-thirds of the Rs 2,000 currency notes have returned to the system. In a surprise…
- India
Kharge hits back at Centre after RBI’s paper on inflation
New Delhi: Congress President Mallikarjun Kharge on Saturday took a swipe at the Centre over inflation after the Reserve Bank of India (RBI) said that the public is now spending less as…
- India
Swaminathan Janakiraman appointed RBI deputy governor
New Delhi: State Bank of India (SBI) managing director Swaminathan Janakiraman has been appointed the deputy governor of the Reserve Bank of India (RBI) by the government. The Appointments Committee of Cabinet (ACC)…
- India
Cong questions govt over RBI policy change to settle loans of wilful defaulters
New Delhi: Congress on Wednesday slammed the Centre after the Reserve Bank of India (RBI) brought in a policy that allows banks and finance companies to settle loans of accounts classified as…
- India
RBI to levy penalties on banks that lose property papers of borrowers
New Delhi: Banks may have to compensate borrowers and also pay a penalty if they lose the original property documents of loan seekers. This could soon become a possibility if the RBI…
- India
Nearly half of Rs 2000 notes worth Rs 1.80L cr have returned: RBI
Mumbai: Reserve Bank Governor Shaktikanta Das on Thursday said about 50 per cent of Rs 2,000 notes in circulation has come back in the banking system since the RBI announced withdrawal of the…
- India
RBI keeps policy repo rate unchanged as inflation softens
Mumbai: The Reserve Bank of India’s (RBI) monetary policy committee unanimously decided to keep the repo rate unchanged at 6.5 per cent. The repo rate is the rate of interest at which…
