New Delhi, August 2: In a significant moderation in retail inflation, the Reserve Bank of India on Wednesday slashed the repo rate by 25 bps from the present 6.25 per cent
New Delhi, July 31: The Reserve Bank of India (RBI) had earlier this week imposed a monetary penalty of Rs. 10 million on Union Bank of India for non-compliance with
Mumbai, June 14: The Reserve Bank Of India identified 12 accounts each having more than Rs 5,000 crore of outstanding loans and accounting for 25 percent of total Non-performing assets
New Delhi, April 6: RBI keeps Repo Rate unchanged at 6.25 %, increases Reverse Repo Rate to 6%. Announcing its first bi-monthly monetary policy statement for 2017-18 today, the RBI
Mumbai, April 05: The Country’s supreme banking authority, the Reserve Bank of India (RBI), has cleared a proposal to introduce new currency notes of Rs 200 denomination, according to a report
New Delhi, March 3: Bitcoin and other virtual currencies are all the rage in FinTech. They could potentially transform the global commerce in the coming years. Users are adopting them
Mumbai, Feb 28: Tata Sons have agreed to pay Rs 7,876 crore(USD 1.17 billion) in damages to Japanese mobile operator NTT DoCoMo in their long-standing dispute over the latter’s exit from
New Delhi, Feb 23: The Reserve Bank of India has imposed a monetary penalty of Rs. one lakh (rupees one lakh only) on Sahebrao Deshmukh Co-operative Bank and Rs. four
New Delhi, Feb 22: Recently India witnessed a large financial process called Demonetisation, to curb the Black money and fake notes from the market. The result of Demonetisation process is
New Delhi, Feb 22: So the reports were baseless. The Central government says it has no plans to reintroduce new Rs 1000 notes. Shaktikanta Das, the Economic Affairs Secretary, Government
New Delhi, Jan 30: The design of new banknotes of Rs 500 and Rs 2000 denominations was approved at the May 19, 2016 meeting of the Central Board of RBI,
Mumbai, Jan 20: The Reserve Bank of India (RBI) spends Rs 3.09 for each Rs 500 note as cost towards paper, printing and other charges, an RTI query has revealed.
New Delhi, Jan 18: Reserve Bank of India Governor Urjit Patel is likely to appear before the Standing Committee on Finance on Wednesday. The committee, headed by former Union minister
New Delhi , Jan. 14 : In wake of the letter written by employees of Reserve Bank of India (RBI) to its governor Urjit Patel condemning the demonetisation drive, the
New Delhi, Jan 14: In a strongly worded letter addressed to Reserve Bank of India (RBI) Governor Urjit Patel, the United Forum of Reserve Bank Officers and Employees has alleged
Mumbai, Jan 12: RBI Governor Urjit Patel sprinted his way to safety from the pursuit of the media contingent at the Vibrant Gujarat summit in Ahmedabad, ostensibly to dodge uncomfortable
Mumbai, Dec 30: The Reserve Bank of India board approved the move to ban high denomination notes less than three hours before Prime Minister Narendra Modi announced the decision in
Mumbai, Dec 29: Fifty days after the government announced that Rs 500 and Rs 1000 notes would cease to be legal tender, the Reserve Bank of India feels that the
Central bankers are often called Masters of the Universe. No period in financial history has proven this more than the aftermath of the global financial crisis (GFC). It was the
New Delhi, Dec. 21: A day after Congress vice president Rahul Gandhi mocked the Reserve Bank of India (RBI) over the constant change in its rules post demonetisation, the recent