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RBI remains ‘steadfast’ to take necessary steps to support economy: Guv

New Delhi, Jan 16 | Reserve Bank Governor Shaktikanta Das on Saturday said that the central bank remains committed to take any further necessary...

RBI unlikely to cut rates despite dip in Dec retail inflation:...

Mumbai, Jan 13 | The Reserve Bank of India (RBI) is unlikely to further ease the interest rates in the next meeting of its...

RBI imposes Rs 2 cr fine on Deutsche Bank AG

Mumbai, Jan 12 | The Reserve Bank of India (RBI) on Tuesday imposed a penalty of Rs 2 crore on Deutsche Bank AG for...

RBI Guv raises concern over stretched valuation of financial assets

New Delhi, Jan 11 | Raising concerns over a disconnect between the financial markets and the real economy, RBI Governor Shaktikanta Das on Monday...

BJP urges RBI to aid Mumbai societies redevelopment

By Quaid NajmiMumbai, Jan 7 | Given the major problems confronting the redevelopment of some 5,800 old and dilapidated buildings in Mumbai, the opposition...

RBI creates ‘Payments Infrastructure Development Fund’

Mumbai, Jan 5 | The Reserve Bank of India has created a 'Payments Infrastructure Development Fund' to encourage acquirers to deploy 'Points of Sale'...

RBI imposes Rs 2.5 cr penalty on Bajaj Finance on methods...

Mumbai, Jan 5 | The Reserve Bank of India (RBI) has imposed a penalty of Rs 2.50 crore on Bajaj Finance for violation of...

Private banks witnessed rise in NPAs in large borrowal accounts in...

New Delhi, Jan 3 | Private sector banks witnessed a rise in non-performing assets (NPA) in respect of large borrowal accounts with exposure of...

RBI introduces Digital Payments Index

Mumbai, Jan 1 | The Reserve Bank of India (RBI) has constructed a composite Digital Payments Index (DPI) to capture the extent of digitisation...

Govt directs ED, RBI to act against Amazon, Flipkart for violation...

New Delhi, Dec 31 | In a significant development related to war between e-commerce giants and traders of India, the Union Government has directed...

Wadhawan approaches RBI, CoC with revised offer for DHFL

New Delhi, Dec 30 | Kapil Wadhawan has yet again come up with a revised proposal for acquiring Dewan Housing Finance Corporation Ltd (DHFL).In...

India’s inflation target should be maintained at 4%: RBI Working Paper

New Delhi, Dec 28 | India's inflation target should be maintained at 4 per cent in the medium term, according to a working paper...

Neutral-to-positive impact of RBI’s draft circular on govt-owned NBFCs: Report

New Delhi, Dec 26 | The Reserve Bank's recent draft circular on declaration of dividends by non-banking financial companies (NBFCs) will have a neutral-to-positive...

Beating predictions, economy pulling out of Covid’s deep abyss: RBI (Ld)

Mumbai, Dec 24 | India's economy is pulling out of Covid-19's deep abyss at a faster pace than most predictions, Reserve Bank of India...

Indian economy reviving at unforeseen pace: RBI

New Delhi, Dec 24 | As economic activities gather momentum and strive to get back to pre-Covid levels, the Reserve Bank of India has...

RBI Guv discusses credit flow, rate cut transmission with bank MDs

Mumbai, Dec 23 | Reserve Bank Governor Shaktikanta Das continued discussions with MDs and CEOs of both public and private sector banks on Wednesday. The...

RBI okays Sandeep Batra’s appointment as Executive Director of ICICI Bank

Mumbai, Dec 23 | The Reserve Bank of India (RBI) approved the appointment of Sandeep Batra as the Executive Director of ICICI Bank.The appointment...

Greater penetration of financial products with enhanced protection needed: RBI Guv

New Delhi, Dec 16 | Reserve Bank Governor Shaktikanta Das on Wednesday cited the need for a greater focus on the penetration of sustainable...

RBI’s draft NBFC dividend policy unlikely to impact most players: ICRA

Mumbai, Dec 10 | The Reserve Bank of India's draft circular on dividend distribution by NBFCs is unlikely to impact most of the industry...

RBI report flagged ICICI loans to Videocon as ‘imprudent’ decision by...

By Anand SinghMumbai, Dec 9 | The scrutiny of the credit sanctions in the ICICI-Videocon loan case by the Reserve Bank of India (RBI)...

RBI’s directive credit negative for HDFC Bank: Moody’s

Mumbai, Dec 7 | The Reserve Bank's directive to HDFC Bank for temporarily stopping all launches of the Digital Business generating activities and sourcing...

Covid effect: RBI asks banks not to declare dividend for FY...

New Delhi, Dec 5 | The Reserve Bank of India (RBI) has asked banks to conserve capital and not make any dividend payments for...

Inflationary woes: RBI retains rates, maintains accommodative stance (Roundup)

Mumbai, Dec 4 | The Reserve Bank of India (RBI) on Friday retained its key short-term lending rates to subdue the persistently high inflation...

RBI stance powers equities rise, interest rate sensitive stocks rise (Roundup)

Mumbai, Dec 4 | The Reserve Bank's decision to maintain an "accommodative stance", along with enhanced liquidity support, lifted the key equity indices to...

Industry hails RBI’s move to hike contactless card transaction limit

New Delhi, Dec 4 | The payments industry on Friday welcomed the Reserve Bank of India's move to hike the limit of contactless card...

Banks need to invest more in IT, tech: RBI Guv on...

Mumbai, Dec 4 | A day after the Reserve Bank of India (RBI) asked the HDFC Bank to temporarily stop issuing new credit cards...

Inflationary woes: RBI retains rates, maintains accommodative stance (3rd Ld)

Mumbai, Dec 4 | The Reserve Bank of India (RBI) on Friday retained its key short-term lending rates to subdue the unabatedly high inflation...

‘RBI to decide on bank licences to corporates after due examination’

Mumbai, Dec 4 | At a time when the proposal of giving bank licences to corporate houses has received criticism from several quarters, the...

RBI to come up with guidelines for dividend distribution by NBFCs

Mumbai, Dec 4 | The Reserve Bank of India (RBI) has decided to come out with guidelines for dividend distribution by NBFCs.Unlike banks, currently...

RBI allows settlement files of payment systems on all days of...

Mumbai, Dec 4 | The RBI has proposed to allow settlement files of payment systems viz., AePS, IMPS, NETC, NFS, RuPay, UPI to be...

Inflationary woes: RBI retains rates, maintains accommodative stance (2nd Ld)

Mumbai, Dec 4 | The Reserve Bank of India (RBI) on Friday retained its key short-term lending rates to subdue the unabatedly high inflation...

RBI strengthens grievance redressed framework of banks

Mumbai, Dec 4 | The Reserve Bank of India (RBI) has decided to put in place a comprehensive framework to strengthen and improve the...

RBI proposes liquidity enhancing measures for RRBs

New Delhi, Dec 4 | After banks and NBFCs, the Reserve Bank of India (RBI) has now decided to facilitate a more efficient liquidity...

RBI proposes digital payment security control directions

New Delhi, Dec 4 | In order to strengthen security controls around the digital payment systems, the Reserve Bank of India (RBI) on Friday...

RBI revises FY21 growth to (-)7.5% on current recovery rate, vaccine...

Mumbai, Dec 4 | The Reserve Bank of India (RBI) has revised the real GDP growth projection for FY21 upwards to (-) 7.5 per...

RBI maintains key lending rates, accommodative stance (Ld)

Mumbai, Dec 4 | To subdue unabatedly high inflation rate, the Reserve Bank of India (RBI) maintained the key lending rates.Accordingly, the Monetary Policy...

RBI asks HDFC to temporarily stop issuing new credit cards

Mumbai, Dec 3 | The Reserve Bank has asked HDFC Bank to temporarily stop all launches of the ‘Digital Business generating activities and sourcing...

RBI expected to maintain rates on elevated inflation levels: Brickwork Ratings

New Delhi, Dec 2 | The Reserve Bank of India (RBI) is expected to maintain a rate pause in the upcoming Monetary Policy Committee...

Accelerated Recovery: RBI to maintain accommodative stance, rates (IANS Poll)

By Rohit VaidNew Delhi/Mumbai, Dec 1 | Faster-than-anticipated economic recovery during Q2FY21 along with healthy macro-economic data points will persuade the Reserve Bank...

RBI asks LVB to write down Rs 318.20 crore of Tier...

Chennai, Nov 26 | In a sudden turn of events, some hours before the amalgamation of the Lakshmi Vilas Bank (LVB) with DBS Bank...

Indian economy exhibited stronger pick up than expected: RBI Guv (Lead)

Mumbai, Nov 26 | The Indian economy has exhibited stronger pick up in momentum of recovery than expected, said Reserve Bank of India Governor...

RBI should let rupee appreciate to reduce imported inflation: SBI Ecowrap...

New Delhi, Nov 25 | The Reserve Bank should let rupee appreciate to reduce imported inflation, a SBI Ecowrap report said on Wednesday.According to...

RSS body accuses RBI of favouritism, backdoor entry & snubbing due...

New Delhi, Nov 24 | A week after the Reserve Bank of India (RBI) decided to palm off the 94-year-old Tamil Nadu-based Lakshmi Vilas...

RBI rejects Muthoot Finance’s proposal to acquire IDBI MF

Mumbai, Nov 24 | The Reserve Bank of India (RBI) has rejected the proposed acqusition of IDBI Mutual Fund by Muthoot Finance.In a...

Business

Dogfight: Airlines unleash deep discounts to dominate the sky (IANS Special)

By Rohit VaidNew Delhi, Jan 19 | Fare wars induced deep discounting has reappeared in India's aviation sector, as airlines seek to augment cash...