RBI

A policy rate cut could have spurred housing market: Industry

A policy rate cut could have spurred housing market: Industry

Gaur expects the RBI to cut rate in the next policy review after a neutral review for the second straight time.

Dec 06, 2017, 21:17 PM IST
RBI says economy on the mend; sees growth gaining momentum

RBI says economy on the mend; sees growth gaining momentum

In the Fifth Bi-Monthly Monetary Policy Review for 2017- 18, where it left the key policy rate unchanged, the central bank sounded confident of the economy achieving its previous growth estimate of 6.7 percent on a gross value-added basis, with risks evenly balanced.

Dec 06, 2017, 20:45 PM IST
New Rs 50, Rs 200 notes not visually-impaired friendly: High Court

New Rs 50, Rs 200 notes not visually-impaired friendly: High Court

The court asked the Centre to place its view before the bench on the next date of hearing on January 31.

Dec 06, 2017, 19:31 PM IST
Recapitalisation aimed more at reforming state-run banks: Urjit Patel

Recapitalisation aimed more at reforming state-run banks: Urjit Patel

In October, government had announced a Rs 2.11- trillion capital infusion into the NPA-hit public sector banks over the next two years.

Dec 06, 2017, 19:29 PM IST
New Rs 50, Rs 200 notes not visually-impaired friendly: HC

New Rs 50, Rs 200 notes not visually-impaired friendly: HC

A bench of Acting Chief Justice Gita Mittal and Justice C Hari Shankar told the government and the RBI to reconsider the issue and if possible examine the new currency notes of Rs 200 and Rs 50 denominations as the visually-impared people were finding it difficult to use them due to their size and the tactile marks.

Dec 06, 2017, 19:16 PM IST
Debit card transaction charges to come down as RBI caps MDR on digital payments

Debit card transaction charges to come down as RBI caps MDR on digital payments

The RBI today capped charges on debit card transaction at Rs 200 for small merchants and Rs 1,000 for merchants with over Rs 20 lakh annual turnover.

Dec 06, 2017, 17:39 PM IST
RBI leaves key rate unchanged; retains growth forecast at 6.7%

RBI leaves key rate unchanged; retains growth forecast at 6.7%

RBI raised the inflation estimate to 4.3-4.7 percent, from the earlier projection of 4.2-4.6 percent, for the second half of the current financial year.

Dec 06, 2017, 16:38 PM IST
RBI fifth monetary policy review for 2017-18: Full text

RBI fifth monetary policy review for 2017-18: Full text

RBI has kept the key interest rate unchanged, on the expected lines.

Dec 06, 2017, 15:08 PM IST
RBI keeps repo rate unchanged at 6%

RBI keeps repo rate unchanged at 6%

The GDP growth in the second quarter of 2017-18 was higher than 5.7 percent in the preceding April-June period.

Dec 06, 2017, 14:34 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
News at a glance: December 6, 2017

News at a glance: December 6, 2017

Dec 06, 2017, 11:15 AM IST
Rate cut dilemma remains as RBI wary on Inflation

Rate cut dilemma remains as RBI wary on Inflation

Economists believe a status quo would be right thing to do by the RBI.

Dec 06, 2017, 09:57 AM IST
RBI monetary policy review today: Will MPC go for a rate cut?

RBI monetary policy review today: Will MPC go for a rate cut?

The MPC meeting outcome is being keenly awaited by all stakeholders including the industry and stock markets.

Dec 06, 2017, 07:14 AM IST
LIC invests Rs 44,000 crore in equity markets in Apr-Nov period

LIC invests Rs 44,000 crore in equity markets in Apr-Nov period

In the first half of the current fiscal, the life insurance major had more than doubled its investment in equities to Rs 39,224 crore from Rs 18,000 crore in the same period last fiscal.

Dec 05, 2017, 20:57 PM IST
RBI reiterates warnings about trading in Bitcoins

RBI reiterates warnings about trading in Bitcoins

The statement was issued after the cryptocurrency, which trades 24 hours a day and seven days a week, climbed as high as $11,799.99 on the Luxembourg-based Bitstamp exchange on Sunday.

Dec 05, 2017, 19:09 PM IST
RBI monetary policy review: What to expect from Urjit Patel

RBI monetary policy review: What to expect from Urjit Patel

The Monetary Policy Committee (MPC), headed by RBI Governor Urjit Patel, will meet on December 5 and 6 for the Fifth Bi-monthly Monetary Policy Statement for 2017-18.

Dec 04, 2017, 10:48 AM IST
Visually impaired facing problems with new currency: HC

Visually impaired facing problems with new currency: HC

The court said the matter was of "very grave public interest" and should be addressed seriously.

Dec 01, 2017, 20:49 PM IST
Govt doesn't recognise crypto currency as legal: Arun Jaitley

Govt doesn't recognise crypto currency as legal: Arun Jaitley

Earlier in August, Jaitley had informed Parliament that there are no regulations governing virtual currencies, including bitcoins, in India and the RBI has not given any licence to any entity/company to operate such currencies.

Nov 30, 2017, 22:09 PM IST
The princely Re 1 note is now a century young!

The princely Re 1 note is now a century young!

Over the past 100 years -- the first note was introduced with the photo of King George V -- the story of this princely banknote has been all but tumultuous.

Nov 30, 2017, 20:22 PM IST
FinMin giving final touches to recap bonds, FM nod likely soon

FinMin giving final touches to recap bonds, FM nod likely soon

The framework once cleared will go to Parliament for necessary approvals, another official said.

Nov 29, 2017, 17:57 PM IST