Reserve Bank

Fuel prices to weigh on RBI's MPC 3-day meet from June 4

Fuel prices to weigh on RBI's MPC 3-day meet from June 4

This is the first time that the Monetary Policy Committee will meet for three days due to "administrative exigencies".

May 29, 2018, 17:00 PM IST
RBI may go for 3 rate hikes from December quarter: Report

RBI may go for 3 rate hikes from December quarter: Report

The report said a recovery in private capex is likely later this year and this will boost economic growth.

May 14, 2018, 16:06 PM IST
PNB fraud case: CBI quizzes ex-deputy governor of RBI

PNB fraud case: CBI quizzes ex-deputy governor of RBI

The officials said he was questioned about the UPA government's 20:80 gold import scheme.

Apr 06, 2018, 17:27 PM IST
RBI dumps GVA model, switches back to GDP to measure economy

RBI dumps GVA model, switches back to GDP to measure economy

Government had started analysing growth estimates using GVA methodology from January 2015 and had also changed the base year to 2018 from January.

Apr 06, 2018, 09:19 AM IST
RBI likely to keep repo rate unchanged in first bi-monthly monetary policy for FY19

RBI likely to keep repo rate unchanged in first bi-monthly monetary policy for FY19

The Central Bank is set to announce its monetary policy at 2.30 pm on Thursday.

Apr 05, 2018, 10:12 AM IST
RBI bars Axis Bank from importing bullion for FY19

RBI bars Axis Bank from importing bullion for FY19

Axis Bank was one of the leading importers for gold and silver among all the 19 lenders which were given the licence last year.

Apr 04, 2018, 11:48 AM IST
Jio Payments Bank Limited begins operations

Jio Payments Bank Limited begins operations

Reliance Industries Ltd was one of the 11 applicants which were issued in-principle approval for setting up a payments bank in August 2015.

Apr 04, 2018, 09:05 AM IST
RBI likely to keep repo rate unchanged in upcoming policy review: HDFC Bank

RBI likely to keep repo rate unchanged in upcoming policy review: HDFC Bank

RBI is set to announce its monetary policy on April 5.

Apr 03, 2018, 14:37 PM IST
Economy to double to $5 trillion by 2025; no risk to inflation target: Finmin

Economy to double to $5 trillion by 2025; no risk to inflation target: Finmin

India's GDP in value terms currently stands at USD 2.5 trillion -- making it the sixth largest economy in the world.

Mar 26, 2018, 15:20 PM IST
RBI to keep policy rates on hold, maintain neutral stance: Report

RBI to keep policy rates on hold, maintain neutral stance: Report

The central bank's next monetary policy review is scheduled for April 5.

Mar 26, 2018, 15:16 PM IST
Govt had sought Rs 13,000 cr additional dividend from RBI: Finmin

Govt had sought Rs 13,000 cr additional dividend from RBI: Finmin

Economic Affairs Secretary Subhash C Garg had said yesterday that the government was expecting "some more" dividend from the central bank this month.

Mar 09, 2018, 15:09 PM IST
RBI buys $864 mn of US currency in November

RBI buys $864 mn of US currency in November

In fiscal 2016 too, the central bank was a net buyer of dollar to the tune of USD 10.209 billion.

Jan 11, 2018, 15:26 PM IST
No question of closing down any PSB, says govt & RBI

No question of closing down any PSB, says govt & RBI

The RBI said that under its supervisory framework, it uses various measures/tools to maintain sound financial health of banks.

Dec 22, 2017, 16:56 PM IST
Banks lost nearly Rs 17K cr to frauds last fiscal, says finmin

Banks lost nearly Rs 17K cr to frauds last fiscal, says finmin

The committee reviews, inter alia, threats inherent in the existing or emerging technology, and suggests appropriate policy interventions.

Dec 22, 2017, 16:51 PM IST
RBI allows foreign investors to up stake in Bharat Financial

RBI allows foreign investors to up stake in Bharat Financial

The aggregate foreign shareholding by FPIs under Portfolio Investment Scheme in Bharat Financial Inclusion Limited has gone below the prescribed threshold caution limit.

Dec 06, 2017, 14:29 PM IST

RBI should help govt revive stalled projects: Piyush Goyal

Goyal was speaking on the sidelines of the India Economic Summit of the World Economic Forum (WEF).

Oct 05, 2017, 19:11 PM IST
RBI knives overall growth to 6.7% but says worst behind us

RBI knives overall growth to 6.7% but says worst behind us

The Goods and Services Tax has led to some uncertainty in the manufacturing sector, which is likely to delay revival of investment activity, it said.

Oct 04, 2017, 22:16 PM IST
New foreign portfolio investment norms from April: RBI

New foreign portfolio investment norms from April: RBI

The new norms will facilitate the process of investment and hedging by Foreign Portfolio Investors (FPIs), keeping in view the macro-prudential parameters, said the statement on developmental and regulatory policies by the Reserve Bank of India (RBI).

Oct 04, 2017, 21:12 PM IST
RBI likely to keep policy rate on hold till fiscal-end: Report

RBI likely to keep policy rate on hold till fiscal-end: Report

According to the report, both CPI and WPI inflation have bottomed out and retail inflation is inching towards 4.7 per cent and wholesale towards 3.6 per cent by March 2018.

 

Sep 17, 2017, 15:00 PM IST
Growth, inflation to trend higher in next 6-12 months: Nomura

Growth, inflation to trend higher in next 6-12 months: Nomura

Most MPC members voted for a rate cut in August owing to low inflation momentum and signs of weaker growth.

Aug 17, 2017, 14:19 PM IST

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