central bank

Government eying merger of four Public Sector Banks amidst rising bad loans

These PSBs reportedly have a cumulative loss of Rs 21,646.38 crore for the financial year 2017-18.

Jun 05, 2018, 12:28 PM IST

Over dozen PSBs to get Rs 46K crore capital infusion this month

These banks, including SBI, PNB, Bank of Baroda, Central Bank, Union Bank and OBC, have called shareholders' meetings this month to pass the resolution to allot preferential shares to government so as to receive the capital.

Mar 09, 2018, 09:06 AM IST

Indian bond yields fall after RBI cancels open market sale of debt

The bond market, which got a shot in the arm on Friday after Moody`s upgraded India`s sovereign rating pared almost all the gains on that day, resumed the rally on Monday boosted by the cancellation of OMO sale which to traders was a signal that the central bank was not happy with high yields.

Nov 20, 2017, 11:59 AM IST

RBI refuses to share details on clean India mission logo on Rs 2000, Rs 500 notes

Replying to an RTI query, the central bank also did not give a copy of the guidelines on printing of advertisement -- including promotion of central government-run initiatives -- on the notes.

Oct 15, 2017, 13:44 PM IST

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

We could have managed liquidity better: Raghuram Rajan

Former RBI Governor Raghuram Rajan has said that in hindsight it appears that the central bank under his governorship could have managed the liquidity in banking system in a better manner on certain occasions.

Sep 11, 2017, 18:14 PM IST

Not asked on demonetisation during my tenure: Rajan

The former Governor of the RBI writes that the Central Bank wasn't asked to take such a decision at any point during his tenure at the Reserve Bank.

Sep 03, 2017, 10:32 AM IST

Pay dues or allow other to take control of biz: Arun Jaitley to debtors

Finance Minister Arun Jaitley on Thursday put private sector debtors on notice saying they will have to pay their dues to banks or allow somebody else to step in and take control of the business.

Aug 31, 2017, 12:32 PM IST

Low inflation to encourage RBI to cut rates next week

Inflation eased to its slowest pace in more than five years in June. 

Jul 28, 2017, 12:41 PM IST

Markets hold steady, gains fizzle out on F&O expiry

Market benchmarks Sensex and Nifty on Thursday closed flat after touching new all-time highs intra-day, impacted by selling pressure in the wake of July derivatives expiry and a rush to take profit by investors.

Jul 27, 2017, 17:33 PM IST

MPC members to get Rs 1.5 lakh per meet,disclose assets every year

The members appointed by the government would "receive a remuneration of Rs 1,50,000 for devoting time and work for each meeting of the committee. Which they attend and other expenses relating to air travel, local transportation and accommodation as may be decided by the central board from time to time," as per the regulations.

Jul 23, 2017, 15:35 PM IST

RBI to lease currency verification systems to weed out fakes

As per the tender document, the currency notes of all denominations received at regional office of the RBI would have to be processed at a minimum speed of 30 notes per second.

Jul 23, 2017, 12:13 PM IST

Government had Rs 105.36 billion outstanding loans from RBI in June 23 week

State governments had 19.30 billion rupees loans from the RBI in the week ended June 23, compared with 15.03 billion rupees in the previous 
week, the release showed.

Jun 30, 2017, 17:13 PM IST

ECB leaves interest rates unchanged and bond buying intact

European Central bank governors on Thursday left key interest rates at historic lows and the ECB`s mass bond-buying programme in place, a spokesman said, in line with observers` expectations.

Apr 27, 2017, 17:37 PM IST

'Merge govt, central bank budgets for better fiscal outcomes'

An American economist has called for consolidating the central bank and government's budgets and balance sheets saying such a move can prevent sovereign default risks and ensure better fiscal and monetary outcomes.

Apr 16, 2017, 11:55 AM IST

Donald Trump 1, free trade 0: G20 nations bow to US pressure

The world's biggest economies have dropped a long-standing public endorsement of free trade at their first meeting with the US President Donald Trump's administration.

Mar 19, 2017, 10:49 AM IST

Mahinda Rajapaksa threatens to sue Central Bank over 'Bond scam'

Former Sri Lankan president Mahinda Rajapaksa on Saturday threatened to sue the Finance Ministry and Central Bank over the alleged Bond scam, saying someone committed a "major fraud" using his name.

Feb 25, 2017, 16:50 PM IST

Central Bank narrows Q3 net loss at Rs 605.70 crore

Public sector Central Bank of India on Saturday reported a net loss of Rs 605.70 crore for the third quarter ended December 31, 2016, on persisting bad loans.

Feb 04, 2017, 18:38 PM IST

Govt respects RBI's autonomy and independence: Finance Ministry

A day after the employee unions of the Reserve Bank of India expressed their resentment against alleged interference of the government in the central bank`s affairs, the Finance Ministry on Saturday said that it fully respects its autonomy.

Jan 14, 2017, 19:44 PM IST

Sri Lanka needs to maintain competitive exchange rate: Central Bank

Sri Lanka needs to maintain a competitive exchange rate that would promote exports and not allow an over-valuation of the rupee that may reduce export competitiveness, the country's Central Bank has said.

Dec 24, 2016, 12:11 PM IST