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RBI

New govt to focus on land, labour reforms, export promotion: Report

Most exit polls have predicted a sweeping victory for the BJP-led National Democratic Alliance (NDA), which is expected to win over 300 seats in the election.

May 21, 2019, 16:50 PM IST

Yes Bank to claw back Rs 1.44 cr bonus from ex-MD Rana Kapoor

Yes Bank, which is grappling with bad loan issues, has come under the scanner of the Reserve Bank for weak corporate governance.

May 18, 2019, 18:06 PM IST

Nandan Nilekani-led panel on digital payments submits report to RBI

In January, the Reserve Bank of India had set up the five-member panel on deepening digital payments with a view to encouraging digitisation of payments and enhance financial inclusion through digitisation.

May 18, 2019, 18:03 PM IST

RBI needs to go for larger rate cut in June: SBI report

The RBI had cut the key short-term lending rate (repo) by 25 basis points each in its last two policy reviews. The central bank is slated to announce its next bi-monthly policy decision on June 6.

May 15, 2019, 14:18 PM IST

Former RBI Deputy Guv R Gandhi appointed additional director on Yes Bank board

The appointment is for a period of two years with effect from May 14, 2019 to May 13, 2021 or till further orders, whichever is earlier, Yes Bank said in a filing to stock exchanges.

May 15, 2019, 14:13 PM IST

RBI proposes mobile app to help visually impaired to identify currency notes

At present, banknotes in the denominations of Rs 10, 20, 50, 100, 200, 500 and 2,000 are in circulation, besides Re 1 notes issued by the Government of India.

May 13, 2019, 11:27 AM IST

De-duplication of Indian consumer data to complete by year-end: Mastercard

The moves comes in the backdrop of the regulator RBI asking such payment technology firms to comply with data localisation norms which requires them to store transactions data of Indian customers within the boundaries of India.

May 13, 2019, 10:49 AM IST

RBI withdraws circular asking banks to declare exposure to IL&FS

Last week, the National Company Law Appellate Tribunal (NCLAT) had allowed banks to declare their defaulting accounts of Infrastructure Leasing & Financial Services (IL&FS) and its group companies as non-performing assets.

May 10, 2019, 12:30 PM IST

RBI likely to cut interest rate again in June; no cut thereafter

In a report on the forecast for global monetary policy actions and resulting economic impact, the London-based global information provider said RBI is likely to tighten its monetary policy stance in early-to-mid 2020.

May 08, 2019, 16:29 PM IST

Payment service will be launched only after complying with RBI norms: WhatsApp to SC

WhatsApp reportedly has over 200 million users in India and almost one million people are "testing" its payments service.

May 03, 2019, 17:38 PM IST

RBI to introduce new 'greenish-yellow' Rs 20 note shortly

The new denomination will carry motif of Ellora caves. 

Apr 26, 2019, 23:51 PM IST

SC directs RBI to disclose information on bank inspection report under RTI

The bench said it would have taken a serious view to the refusal of RBI to part with information under RTI.

Apr 26, 2019, 11:20 AM IST

Stressed assets resolution: RBI mulls giving up to 60 days additional time for repayments

Against the backdrop of the Supreme Court quashing an RBI circular, issued on February 12, 2018, a revised set of rules is under works and would be released soon, they added.

Apr 26, 2019, 09:21 AM IST

RBI approves proposal of HDFC for holding 9.9% stake in Bandhan Bank

Gruh Finance, the affordable housing finance arm of HDFC Ltd, was taken over by Bandhan Bank in a share-swap deal in January.

Apr 24, 2019, 09:58 AM IST

Media reports on 'five-day week' in commercial banks factually incorrect: RBI

The RBI has termed the media report on 'five-day week in commercial banks' as factually incorrect.

Apr 20, 2019, 20:44 PM IST

Slowdown in global growth, trade to hit emerging market economies: RBI Governor Shaktikanta Das

The RBI Governor made this remark while addressing an event `Governor Talks` on the sidelines of International Monetary Fund-World Bank Spring Meetings.

Apr 13, 2019, 18:02 PM IST

How is Google's GPay operating without authorisation: Delhi HC asks RBI

The court issued notice to RBI and Google India seeking their stand on the issue raised in the plea by Abhijit Mishra.

Apr 10, 2019, 13:00 PM IST

Zee Breaking: RBI cuts repo rate by 25 base points to 6% from 6.25%

Zee Breaking: The RBI has reduced the reverse repo rate to 6.0 per cent from 6.25%. Watch full video to know more.

Apr 04, 2019, 12:34 PM IST

Home buyers could get a good news from RBI today

The Monetary Policy Committee of the Reserve Bank of India is currently having its first meeting for the fiscal year 2019-20 and the monetary policy announcement will happen today.

Apr 04, 2019, 09:12 AM IST

RBI reshuffles lead bank responsibilities post banks merger

Amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda has been notified on January 2, 2019.

Apr 02, 2019, 11:11 AM IST