RBI

RBI denies giving instruction to PNB over Nirav Modi case

RBI denies giving instruction to PNB over Nirav Modi case

Nirav Modi, who was alleged to have carried out fraudulent transactions worth over Rs 11,400 crore in PNB.

Feb 17, 2018, 00:08 AM IST
PNB not the only bank facing a fraud, says unpublished RBI data

PNB not the only bank facing a fraud, says unpublished RBI data

In India, loan frauds typically refer to cases where the borrower intentionally tries to deceive the lending bank and does not repay the loan.

Feb 16, 2018, 19:21 PM IST
PNB says has ability to recover after uncovering giant $1.77 bn fraud

PNB says has ability to recover after uncovering giant $1.77 bn fraud

The loan fraud, the largest ever in Indian history has sent PNB's shares tumbling about 20% this week

Feb 15, 2018, 16:49 PM IST
Will not spare anyone found guilty in $1.8 billion scam, says PNB chief

Will not spare anyone found guilty in $1.8 billion scam, says PNB chief

ED on Thursday launched a nationwide raid on the offices, showrooms and workshops of billionaire diamond trader Nirav Modi.

Feb 15, 2018, 15:59 PM IST
Beware: Fake RBI website may steal your bank details

Beware: Fake RBI website may steal your bank details

The layout of the fake website is similar to the original RBI website.

Feb 12, 2018, 10:58 AM IST
Bombay High Court to hear PIL on missing notes between printing press and RBI

Bombay High Court to hear PIL on missing notes between printing press and RBI

A public interest litigation -- probably holding the key to the historic demonetisation of November 8, 2016 -- filed by RTI activist Manoranjan Roy will finally come up for hearing at Bombay High Court here on February 12.

Feb 11, 2018, 13:33 PM IST
15 months after note ban, RBI still processing returned notes

15 months after note ban, RBI still processing returned notes

New Delhi, Feb 11 (PTI) The RBI has said that Rs 500 and Rs 1,000 notes, returned to banks when the government demonetised high value currency 15 months ago, are still being "processed for their arithmetical accuracy and genuineness".

Feb 11, 2018, 12:11 PM IST
Bank recapitalisation will boost lending: Arun Jaitley

Bank recapitalisation will boost lending: Arun Jaitley

Finance Minister Arun Jaitley on Saturday said the government`s move to recapitalise public sector banks (PSB) would improve their lending capacity.

Feb 10, 2018, 14:10 PM IST
RBI, SEBI need to take cognisance of market volatility: Urjit Patel

RBI, SEBI need to take cognisance of market volatility: Urjit Patel

  Reserve Bank of India (RBI) Governor Urjit Patel on Saturday said the apex bank and the market regulator Securities and Exchange Board of India (SEBI) need to be cognisant of the equity market volatility for risk assessement.

Feb 10, 2018, 14:02 PM IST
Arun Jaitley to brief RBI, SEBI board on Budget 2018 tomorrow

Arun Jaitley to brief RBI, SEBI board on Budget 2018 tomorrow

Finance Minister Arun Jaitley will address the boards of the Reserve Bank of India (RBI) and markets regulator Securities and Exchange Board of India (SEBI) tomorrow, highlighting various financial sector reforms announced in the Union Budget 2018-19.

Feb 09, 2018, 16:31 PM IST
 RBI Office Attendant Recruitment 2018 exam results declared at @rbi.org.in, Click here to view results

RBI Office Attendant Recruitment 2018 exam results declared at @rbi.org.in, Click here to view results

The Reserve Bank of India (RBI) has declared the results of Office Attendant Recruitment 2018 exam. Candidates can check their results on the official website of the bank – rbi.org.in. 

Feb 09, 2018, 13:52 PM IST
Markets breathe easy after 7 days; earnings, global cues lift mood

Markets breathe easy after 7 days; earnings, global cues lift mood

The BSE flagship index Sensex jumped over 330 points, or 0.97%, to close at 34,413.16.

Feb 08, 2018, 17:17 PM IST
News at a glance: February 8, 2018

News at a glance: February 8, 2018

Feb 08, 2018, 10:15 AM IST
RBI, in careful balancing act, keeps repo rate unchanged

RBI, in careful balancing act, keeps repo rate unchanged

The central bank has kept the rate at 6% for a third straight policy meeting.

Feb 07, 2018, 19:01 PM IST
Equity indices close lower on selling pressure

Equity indices close lower on selling pressure

The Sensex touched a high of 34,666.33 points and a low of 34,059.59 points during intra-day trade.

Feb 07, 2018, 16:06 PM IST
RBI Monetary Policy: Urjit Patel offers no respite to borrowers, keeps interest rates unchanged

RBI Monetary Policy: Urjit Patel offers no respite to borrowers, keeps interest rates unchanged

The 6-member Monetary Policy Committee (MPC), headed by RBI Governor Urjit Patel favoured pausing the Repo Rate at 6 percent and the Reverse Repo Rate at 5.75 percent.

Feb 07, 2018, 14:33 PM IST
RBI monetary policy to be announced today: Here's what you can expect

RBI monetary policy to be announced today: Here's what you can expect

The outcome of the 6-member MPC meeting is being keenly awaited by stakeholders amidst a huge sell-off in the stock markets globally.

Feb 07, 2018, 07:00 AM IST
100,000 Bitcoin investors get notices from Income Tax Department

100,000 Bitcoin investors get notices from Income Tax Department

The Taxman sent notices to those people, who have invested in cryptocurrencies like Bitcoin without declaring these in their income tax returns,

Feb 06, 2018, 19:01 PM IST
Sensex sinks 561 points, Nifty fails to regain 10,500 mark

Sensex sinks 561 points, Nifty fails to regain 10,500 mark

The benchmark Sensex falling by another 561 points to close at a one-month low of 34,195.94 amid a meltdown in the world markets.

Feb 06, 2018, 16:41 PM IST