RBI reviewing monetary policy framework: Governor Shaktikanta Das

The Reserve Bank of India is reviewing the retail inflation targeting framework behind monetary policy decision as well as its effectiveness and also plans to hold stakeholders consultations including with the government in June, Governor Shaktikanta Das said.

Feb 23, 2020, 11:46 AM IST

RBI pegs GDP growth for 2020-21 at 6 per cent, keeps repo rate unchanged at 5.15%

The Reserve Bank of India (RBI) kept the repo rate unchanged at 5.15% maintaining an accommodative stance as it announced its Monetary Policy Statement on Thursday. The announcement was made the six-member monetary policy committee of the Reserve Bank of India (RBI). The RBI committee also released its sixth bi-monthly Monetary Policy Statement for 2019-20 on its website.

Feb 06, 2020, 12:02 PM IST

Now, you can enable/disable your bank credit/debit cards - know more

RBI has mandated that issuers provide alerts/information/status, etc., through SMS / e-mail, as and when there is any change in the status of the card.

Jan 16, 2020, 14:04 PM IST

Retail inflation jumps to 7.35% in December 2019 from 5.54% in November: Government data

The retail inflation in December jumped to 7.35% as against 5.54% in November, according to government data released on Monday (January 12).

Jan 13, 2020, 17:47 PM IST

Indian government to seek RBI dividend boost as revenue drops

The fresh call comes just months after the RBI approved a 1.76 trillion rupees ($24.8 billion) dividend payment to the federal government, including 1.48 trillion rupees for the current fiscal year.

Jan 10, 2020, 19:03 PM IST

RBI focus on financial stability regulations framework: Governor Shaktikanta Das

Das said in his remarks at the Third Suresh Tendulkar Memorial Lecture, hosted by the central bank.

Jan 08, 2020, 20:23 PM IST

India's financial system stable despite weakening domestic growth: RBI

The RBI on Friday released the Financial Stability Report (FSR), which states that the financial system of the country is stable. 

Dec 27, 2019, 19:37 PM IST

SBI to discontinue magnetic strip ATM-cum-debit cards from January 1, 2020

As per RBI guidelines, the SBI has replaced all old magnetic strip-based ATM-cum-debit cards of its customers with EMV chip and PIN-based cards.

Dec 26, 2019, 18:42 PM IST

RBI's 'operational twist' version reduces long-term yield

An immediate impact of RBI`s version of `operational twist` brought down 10-year bond yield by 15 basis points, giving a leg-up to the government in borrowing cheap.

Dec 21, 2019, 16:33 PM IST

Badhir News: Special show for hearing impaired, 5th December 2019

This is a special segment for hearing impaired which brings to you latest updates of the afternoon. Watch this video to know the latest news stories of the day.

Dec 05, 2019, 18:10 PM IST

Govt can't suppress my voice in Parliament, says Chidambaram, questions BJP's 'achhe din' slogan

Former Union Minister and senior Congress leader P Chidambaram walked out of Tihar jail on Wednesday after nearly 106 days.

Dec 05, 2019, 12:55 PM IST

Reserve Bank of India slashes GDP growth projection from 6.1% to 5% for 2019-20

Contrary to expectations, the Reserve Bank of India on Thursday decided to keep the repo rate unchanged following a meeting of its Monetary Policy Committee (MPC).

Dec 05, 2019, 08:27 AM IST

RBI supersedes board of cash-strapped DHFL, to start insolvency proceedings soon

The RBI released a statement saying that it decided to supersede DHFL Board of Directors due to concerns over governance and the debt-laden firm's failure to pay existing debts.

Nov 20, 2019, 19:50 PM IST

PMC Bank scam: RBI says progressively relaxing withdrawal limit

Referring to the problems of the PMC Bank depositors who have been agitating since the nearly two months, the court observed that while it would not interfere in the matter, advising the depositors to approach and convince the RBI-appointed Administrator for all their special needs

Nov 19, 2019, 19:00 PM IST

DNA analysis of stalled housing projects in India

In this segment of DNA, we bring to you a detailed analysis of stalled housing projects in India. #DNA #RealEstateSector

Nov 07, 2019, 23:30 PM IST

DNA: Government approves Rs 25k cr fund for stalled housing projects

Finance Minister Nirmala Sitharaman in a press briefing announced that the Union Cabinet has approved a Rs 25,000-crore fund for stalled middle and low-income housing projects. The government plans to give a boost to the housing market to revive over 1600 stalled housing projects covering 4.58 lakh units. #DNA #RealEstateSector

Nov 06, 2019, 23:08 PM IST

Government keen to work with RBI to help people affected in real estate sector: Finance Minister Nirmala Sitharaman

Finance Minister Nirmala Sitharaman said in an event that the government is very keen on working with RBI to see how best to help the people who have been affected in the real estate sector by tweaking laws where necessary.

Nov 05, 2019, 21:38 PM IST

RBI issue guidelines on compensation for Private Bank CEOs, Whole-time Directors, Material Risk Takers

Reserve Bank of India (RBI) has issued guidelines on Compensation for Whole Time Directors/ Chief Executive Officers/ Material Risk Takers and Control Function staff. The guideline will be applicable on all private sector banks, including local Area Banks, Small Finance Banks, Payments Banks, and Foreign Banks operating in India.

Nov 05, 2019, 12:34 PM IST

Relief for PMC Bank depositors as RBI directs EoW to release attached assets for auction

The Mumbai Police will now seek the court's approval to hand over the assets to the RBI administrator.

Oct 31, 2019, 16:48 PM IST

Another PMC Bank depositor dies in Mumbai

Sixty-eight -year-old Keshmul Hinduja was admitted to hospital after he complained of chest pain on October 29. He died of a heart attack the next day, his daughter said. She also claimed that Hinduja did not have any ailment and used to run a grocery shop in Mumbai's Mulund area. However, after the PMC Bank scam came into light, he was under stress. 

Oct 31, 2019, 15:00 PM IST