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Reserve Bank of India

Fake currency notes seized in Madurai


Fake currency notes with a face value of Rs 16,500 were found in the currency bundles sent from he...
Bankers likely to meet RBI on Jan 14 ahead of policy

Bankers likely to meet RBI on Jan 14 ahead of policy


Relaxation in the norms relating to infrastructure lending and 70 per cent loan loss coverage ratio ...
Credit offtake remains subdued in 2009

Credit offtake remains subdued in 2009


Credit offtake remained subdued at 11 per cent during the one-year period ending December 18, indica...
RBI hints at tightening money supply to curb inflation

RBI hints at tightening money supply to curb inflation


Concerned over the spiralling food prices, the Reserve Bank has indicated at tightening money supply...
Subir Gokarn to take over as RBI Deputy Governor

Subir Gokarn to take over as RBI Deputy Governor


Subir Gokarn, former chief economist of rating agency Standard and Poor`s, will take over as the R...
RBI may keep key rates unchanged in monetary policy: Macquarie

RBI may keep key rates unchanged in monetary policy: Macquarie


The Reserve Bank of India is likely to keep its benchmark lending and borrowing rates unchanged in i...
Deficient rain cause of worry, RBI to act when needed

Deficient rain cause of worry, RBI to act when needed


Poor monsoon is a matter of concern and could affect food prices, but the time is not ripe for the R...
Monetising fiscal deficit could lead to credit bust: Economist

Monetising fiscal deficit could lead to credit bust: Economist


The Reserve Bank of India must desist from any move to monetise the burgeoning fiscal deficit as it...
‘RBI to maintain accommodative policy stance’

‘RBI to maintain accommodative policy stance’


Reserve Bank will continue with the dovish monetary policy stance till demand picks up in the econ...
Govt may acquire RBI`s stake in Nabard, NHB by Dec

Govt may acquire RBI`s stake in Nabard, NHB by Dec


The government is likely to pick up Reserve Bank`s stake in the National Bank of Agriculture and R...
RBI warns public against fictitious fund offers

RBI warns public against fictitious fund offers


Cautioning public against fictitious offers of large funds from unknown entities, the Reserve Bank o...
No need for alarm over counterfeit currency notes: RBI

No need for alarm over counterfeit currency notes: RBI


The Reserve Bank on Tuesday said that there is no need to be alarmed over counterfeit currency notes...
RBI`s focus remains growth, no exit policy now: Finance Secy

RBI`s focus remains growth, no exit policy now: Finance Secy


Finance Secretary Ashok Chawla on Tuesday said the RBI`s focus is growth and the time is not ripe fo...
Highlights: RBI credit policy

Highlights: RBI credit policy


Following are the highlights of the first quarterly review of RBI’s annual monetary policy.
Bank stocks plunge

Bank stocks plunge


Ahead of the quarterly monetary policy review of RBI, banking stocks on Tuesday tanked on the Bombay...
ICICI Bank accused of violating RBI guidelines: Pranab

ICICI Bank accused of violating RBI guidelines: Pranab


ICICI Bank was twice issued letter of warning or advisory note in last two years for violating Reser...
Banks to reimburse within 12 days in failed ATM transactions

Banks to reimburse within 12 days in failed ATM transactions


The Reserve Bank of India today asked banks to reimburse customers the amount wrongfully debited f...