Latest News on Rbi

'Rbi' - 54 Total Results

RBI cuts interest rates as economy slows, India loses out to China as fastest growing economy

RBI cuts interest rates as economy slows, India loses out to China as fastest...

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC), led by Governor Shaktikanta Das, on Thursday unanimously lowered key lending rate or repo...

SC to RBI: Disclose audit report of banks, including list of defaulters or face...

The Supreme Court today (Friday, April 26) told Reserve Bank of India (RBI) to comply with its order to disclose audit reports of banks,...
Demonetisation queue

PM Modi went for demonetisation first, RBI’s formal approval came five weeks later

On a day when ‘#DemonetisationYaadRakhna’ (always remember demonetisation) was a top tending hashtag on Twitter to remind people of the hardships brought about by...
Nandan-Nilekani

Nandan Nilekani appointed as head of RBI Committee on digital payments

The Reserve Bank of India (RBI) on Tuesday (Jan 8) appointed Infosys co-founder Nandan Nilekani as chairman of a committee to look into the...

Shaktikanta Das appointed new RBI Governor

Shaktikanta Das, a member of the Fifteenth Finance Commission and man behind the note ban and GST was appointed the new governor of the...

Dr Krishnamurthy Subramanian appointed as new Chief Economic Adviser

Dr Krishnamurthy Subramanian, a top ranking IIT-IIM alumnus and a PhD holder from University of Chicago was today (Friday Dec 7) appointed as the...

CIC notice to RBI for dishonouring Supreme Court order to disclose wilful defaulters’ list

The CIC recalled that RBI had earlier disclosed, in response to an RTI application, that bad debt stood at Rs 15,551 crore for the...
Rupee falling towards 75 a dollar, markets crash further while RBI keeps interest rate unchanged

Rupee falling towards 75 a dollar, markets crash further while RBI keeps interest rate...

The falling rupee touched a new low, breaching the 74-mark against US dollar on Friday, the Sensex plunged by 484.11 points or 1.38 per...
BJP members stall Parliamentary committee’s report on demonetisation

BJP members stall Parliamentary committee’s report on demonetisation

BJP MPs on Parliament’s Standing Committee on Finance have stalled the adoption of its report on demonetisation. The committee’s report is said to be critical...
MSME credit that shrank during note-ban back to pre-demonetisation level: RBI study

MSME credit that shrank during note-ban back to pre-demonetisation level: RBI study

The flow of bank credit to micro, small and medium enterprises (MSMEs), hit badly in the aftermath of demonetisation, is back to pre-note ban...
RSS ideologue, Swadeshi Jagran Manch convenor S Gurumurthy is RBI Director

RSS ideologue, Swadeshi Jagran Manch convenor S Gurumurthy is RBI Director

The Modi government on Tuesday, August 7, appointed S Gurumurthy – the editor of Thuglak and a chartered accountant who is also convener of...
RBI Governor warns of a global currency war, says could hamper India’s growth

RBI Governor warns of a global currency war, says could hamper India’s growth

Reserve Bank of India (RBI) governor Urjit Patel on Wednesday, August 1 warned that the possibility of global protectionist measures culminating into currency wars...
RBI hikes interest rates by 0.25 per cent to bring it to 6.5 per cent; loans and EMIs to get costlier

RBI hikes interest rates by 0.25 per cent to bring it to 6.5 per...

Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) on Wednesday, August 1, raised the interest rate by 0.25 per cent on inflationary concerns. In...
Better to focus on equity than take foreign loan

Better to focus on equity than take foreign loan

After alarm caused by RBI figures showing increase in India’s external debt, Mudda panel explores ways to avoid crash and bring back or at...
Rupee crashes to all-time low of 69 per dollar before slight recovery; may touch 72 by year-end

Rupee crashes to all-time low of 69 per dollar before slight recovery; may touch...

The rupee crashed to an all-time low of 69.0925 against the US dollar on Thursday, June 28 morning, past its previous record of 68.8650...
All not over for crypto currency in India: regulatory regime likely next month

All not over for crypto currency in India: regulatory regime likely next month

While the Supreme Court is slated to hear on July 3 petitions against restrictions imposed on cryptocurrencies by Reserve Bank of India, Finance Ministry...
Bank deposit growth rate falls to lowest in 55 years, says RBI

Bank deposit growth rate falls to lowest in 55 years, says RBI

Growth in bank deposits fell to a 55-year low in financial year 2017-18, according to data on Reserve Bank of India website. Quoting bankers, a...
Employment situation grim, says CMIE; Rural wages drop, says RBI report

Employment situation grim, says CMIE; Rural wages drop, says RBI report

Labour participation and employment rates in India are around their lowest levels, says a report of Centre for Monitoring Indian Economy (CMIE) which produces...
Cash crunch: ATMs run dry, FM Jaitley says problem temporary

Cash crunch: ATMs run dry, FM Jaitley says problem temporary

For many in India, it is back to demonetisation days and cashless transactions as automated teller machines (ATMs) in many states running out of...

RBI’s full KYC rule might put Rs 12,000 cr online wallet business at risk

RBI directive to e-wallet companies – like Paytm, Mobikwik, Ola Money & Amazon Pay – mandates the need to meet full KYC norms for...
Around 100 Crores In Old Demonetised Notes Recovered In Kanpur

Around 100 Crores In Old Demonetised Notes Recovered In Kanpur

Around Rs 100 crore worth of demonetised currency was seized from an under-construction house in Swarup Nagar locality of Kanpur by National Investigation Agency...
Prime Minister’s Economic Advisory Council identifies 10 areas for focus

Prime Minister’s Economic Advisory Council identifies 10 areas for focus

The Economic Advisory Council (EAC) to the Prime Minister has identified 10 key areas, including economic growth and accelerating employment, to start work on...

Shah defends demonetisation, says it expanded India’s formal economy

BJP national president tells FICCI that dip in GDP growth to 5.7 per cent was due to “technical reasons” At a time when Reserve Bank...
Arun Jaitley

Jaitley rushes in to defend demonetisation after RBI says 99 per cent banned notes...

Finance minister admits that not all money deposited with banks post noteban was legal, claims objective of demonetisation was to gradually reduce cash flow...
Videocon, Jaiprakash Associates among RBI’s second list of 26 loan defaulters?

Videocon, Jaiprakash Associates among RBI’s second list of 26 loan defaulters?

If these debts are not resolved through RBI’s schemes by December 31, then creditors must move against the defaulting companies under the IBC code at...
RBI to issue bright yellow ₹200 currency notes tomorrow

RBI to issue bright yellow ₹200 currency notes tomorrow

New ₹200 notes will be issued “in the Mahatma Gandhi (New) Series, bearing signature of  RBI Governor Dr. Urjit R Patel,” says RBI  The Reserve...
Bank unions to go on strike on Tuesday

Bank unions to go on strike on Tuesday, services may be affected

Chief Labour Commissioner failed to convince unions about the government’s assurance against privatisation Banking operations in public sector banks may be hit on Tuesday...
RBI to release new Rs 50 note; old note will not be discontinued

RBI to release new Rs 50 note; old note will not be discontinued

New fluorescent blue banknote in the Mahatma Gandhi (New) Series bearing the signature of RBI Governor Urjit R. Patel, will feature the motif of...
As retail inflation eases, RBI cuts repo rate by 25 bps, loans likely to get cheaper

As retail inflation eases, RBI cuts repo rate by 25 bps, loans likely to...

This is the first cut in repo rate – the rate at which the RBI lends to banks – since October 2016. MPC headed...
Drastic Decline in Indian Workers Emigrating to Gulf Countries

Drastic Decline in Indian Workers Emigrating to Gulf Countries

Balance of Payments Affected Amid declining economies with ongoing wars and political turmoil in most of the Middle East, India has recorded a 34.6 per...
Sensex breaks past 32,000-mark as inflation hit a record low of 1.54 % in June

Sensex breaks past 32,000-mark as inflation hit a record low of 1.54 % in...

Benchmark equity indices breached the 32,000 mark for the first time and the NSE Nifty closed at the new peak of 9,879 today after...
RBI

Customers won’t have to bear loss in case of fraudulent transactions, says RBI

In an attempt to curb the payment fraud, the Reserve Bank of India on Thursday imposed a cap on the customer liability in case...
Demonetisation: How can you stop legitimate old notes deposit, SC asks Centre

Demonetisation: How can you stop legitimate old notes deposit, SC asks Centre

The SC has asked the Centre if it can provide a window for the people who failed to deposit their old currency notes of...
RBI to initiate insolvency proceedings against 12 mega defaulters

RBI to initiate insolvency proceedings against 12 mega defaulters

The Reserve Bank of India on Tuesday identified 12 accounts – each having more that Rs 5,000 crore of outstanding loans and constituting 25...
Cash crunch back to haunt UP

Cash crunch returns to haunt Uttar Pradesh, say reports

Bank officials claim they don’t have cash to meet the demands of account holders. Shortage of cash seems to have returned to haunt cities...
Cash crunch at ATMs in some states

Cash crunch at ATMs in some states

Good Friday and Sunday holidays may increase inconvenience By Neha Chandra, APN A shortage of cash in ATMs because of the Good Friday and Sunday holidays...
The accused in police custody

“RBI officials” dupe trader of Rs 1.2 crore

Demonetisation demon still inflicts suffering on the unsuspecting By Vinay Dubey, APN, Mumbai The entire country has by now adjusted to the shock and aftershocks of...
RBI keeps interest rate unchanged at 6.25 per cent

RBI keeps interest rate unchanged at 6.25 per cent

Global outlook for inflation and trade remains areas of concern By Parsa Venkateshwar Rao Jr In its sixth bimonthly meeting, the Monetary Policy Committee (MPC) of...
RBI vs EC

RBI vs EC

Was the central bank trying to compensate for past abdications by needlessly questioning the election authority? Should the RBI have turned down the order of...
People are experiencing the dark side of going cashless. Photo: UNI

Fraudsters cheat public, post-demonetisation

Panic-stricken bank account holders seek police help after their money has been withdrawn or lakhs deposited without consent Call it the dark side of going...
Lead Grpahics: Anthony Lawrence

Currency with the public in 2016

The graph released by central banking institution, Reserve Bank of India (RBI) shows currency with the public from March 2016 to December 2016
Reserve Bank of India New Delhi. Photo: UNI

Poor performance by public sector banks, says RBI report

The private sector banks and foreign banks earned net profits, but the public sector banks incurred a loss of Rs 180 billion Parsa Venkateshwar Rao...
RBI Governor Urjit Patel. Photo: UNI

RBI governor speaks his mind finally at VGGS 2017

Urjit Patel did fulfil his responsibility as an independent central bank governor while talking about the state of economy at the Vibrant Gujarat Global...

RBI issued guidelines for 2.5 lakh withdrawal

Even on the 14th day of demonetization, people are still battling for cash. After RBI issued guidelines, the families with marriages are facing many...

'Rbi' - 46 News Results

RBI cuts interest rates as economy slows, India loses out to China as fastest growing economy

RBI cuts interest rates as economy slows, India loses out to China as fastest...

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC), led by Governor Shaktikanta Das, on Thursday unanimously lowered key lending rate or repo...

SC to RBI: Disclose audit report of banks, including list of defaulters or face...

The Supreme Court today (Friday, April 26) told Reserve Bank of India (RBI) to comply with its order to disclose audit reports of banks,...
Demonetisation queue

PM Modi went for demonetisation first, RBI’s formal approval came five weeks later

On a day when ‘#DemonetisationYaadRakhna’ (always remember demonetisation) was a top tending hashtag on Twitter to remind people of the hardships brought about by...
Nandan-Nilekani

Nandan Nilekani appointed as head of RBI Committee on digital payments

The Reserve Bank of India (RBI) on Tuesday (Jan 8) appointed Infosys co-founder Nandan Nilekani as chairman of a committee to look into the...

Shaktikanta Das appointed new RBI Governor

Shaktikanta Das, a member of the Fifteenth Finance Commission and man behind the note ban and GST was appointed the new governor of the...

Dr Krishnamurthy Subramanian appointed as new Chief Economic Adviser

Dr Krishnamurthy Subramanian, a top ranking IIT-IIM alumnus and a PhD holder from University of Chicago was today (Friday Dec 7) appointed as the...

CIC notice to RBI for dishonouring Supreme Court order to disclose wilful defaulters’ list

The CIC recalled that RBI had earlier disclosed, in response to an RTI application, that bad debt stood at Rs 15,551 crore for the...
Rupee falling towards 75 a dollar, markets crash further while RBI keeps interest rate unchanged

Rupee falling towards 75 a dollar, markets crash further while RBI keeps interest rate...

The falling rupee touched a new low, breaching the 74-mark against US dollar on Friday, the Sensex plunged by 484.11 points or 1.38 per...
BJP members stall Parliamentary committee’s report on demonetisation

BJP members stall Parliamentary committee’s report on demonetisation

BJP MPs on Parliament’s Standing Committee on Finance have stalled the adoption of its report on demonetisation. The committee’s report is said to be critical...
MSME credit that shrank during note-ban back to pre-demonetisation level: RBI study

MSME credit that shrank during note-ban back to pre-demonetisation level: RBI study

The flow of bank credit to micro, small and medium enterprises (MSMEs), hit badly in the aftermath of demonetisation, is back to pre-note ban...
RSS ideologue, Swadeshi Jagran Manch convenor S Gurumurthy is RBI Director

RSS ideologue, Swadeshi Jagran Manch convenor S Gurumurthy is RBI Director

The Modi government on Tuesday, August 7, appointed S Gurumurthy – the editor of Thuglak and a chartered accountant who is also convener of...
RBI Governor warns of a global currency war, says could hamper India’s growth

RBI Governor warns of a global currency war, says could hamper India’s growth

Reserve Bank of India (RBI) governor Urjit Patel on Wednesday, August 1 warned that the possibility of global protectionist measures culminating into currency wars...
RBI hikes interest rates by 0.25 per cent to bring it to 6.5 per cent; loans and EMIs to get costlier

RBI hikes interest rates by 0.25 per cent to bring it to 6.5 per...

Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) on Wednesday, August 1, raised the interest rate by 0.25 per cent on inflationary concerns. In...
Better to focus on equity than take foreign loan

Better to focus on equity than take foreign loan

After alarm caused by RBI figures showing increase in India’s external debt, Mudda panel explores ways to avoid crash and bring back or at...
Rupee crashes to all-time low of 69 per dollar before slight recovery; may touch 72 by year-end

Rupee crashes to all-time low of 69 per dollar before slight recovery; may touch...

The rupee crashed to an all-time low of 69.0925 against the US dollar on Thursday, June 28 morning, past its previous record of 68.8650...
All not over for crypto currency in India: regulatory regime likely next month

All not over for crypto currency in India: regulatory regime likely next month

While the Supreme Court is slated to hear on July 3 petitions against restrictions imposed on cryptocurrencies by Reserve Bank of India, Finance Ministry...
Bank deposit growth rate falls to lowest in 55 years, says RBI

Bank deposit growth rate falls to lowest in 55 years, says RBI

Growth in bank deposits fell to a 55-year low in financial year 2017-18, according to data on Reserve Bank of India website. Quoting bankers, a...
Employment situation grim, says CMIE; Rural wages drop, says RBI report

Employment situation grim, says CMIE; Rural wages drop, says RBI report

Labour participation and employment rates in India are around their lowest levels, says a report of Centre for Monitoring Indian Economy (CMIE) which produces...
Cash crunch: ATMs run dry, FM Jaitley says problem temporary

Cash crunch: ATMs run dry, FM Jaitley says problem temporary

For many in India, it is back to demonetisation days and cashless transactions as automated teller machines (ATMs) in many states running out of...

RBI’s full KYC rule might put Rs 12,000 cr online wallet business at risk

RBI directive to e-wallet companies – like Paytm, Mobikwik, Ola Money & Amazon Pay – mandates the need to meet full KYC norms for...
Around 100 Crores In Old Demonetised Notes Recovered In Kanpur

Around 100 Crores In Old Demonetised Notes Recovered In Kanpur

Around Rs 100 crore worth of demonetised currency was seized from an under-construction house in Swarup Nagar locality of Kanpur by National Investigation Agency...
Prime Minister’s Economic Advisory Council identifies 10 areas for focus

Prime Minister’s Economic Advisory Council identifies 10 areas for focus

The Economic Advisory Council (EAC) to the Prime Minister has identified 10 key areas, including economic growth and accelerating employment, to start work on...

Shah defends demonetisation, says it expanded India’s formal economy

BJP national president tells FICCI that dip in GDP growth to 5.7 per cent was due to “technical reasons” At a time when Reserve Bank...
Arun Jaitley

Jaitley rushes in to defend demonetisation after RBI says 99 per cent banned notes...

Finance minister admits that not all money deposited with banks post noteban was legal, claims objective of demonetisation was to gradually reduce cash flow...
Videocon, Jaiprakash Associates among RBI’s second list of 26 loan defaulters?

Videocon, Jaiprakash Associates among RBI’s second list of 26 loan defaulters?

If these debts are not resolved through RBI’s schemes by December 31, then creditors must move against the defaulting companies under the IBC code at...
RBI to issue bright yellow ₹200 currency notes tomorrow

RBI to issue bright yellow ₹200 currency notes tomorrow

New ₹200 notes will be issued “in the Mahatma Gandhi (New) Series, bearing signature of  RBI Governor Dr. Urjit R Patel,” says RBI  The Reserve...
Bank unions to go on strike on Tuesday

Bank unions to go on strike on Tuesday, services may be affected

Chief Labour Commissioner failed to convince unions about the government’s assurance against privatisation Banking operations in public sector banks may be hit on Tuesday...
RBI to release new Rs 50 note; old note will not be discontinued

RBI to release new Rs 50 note; old note will not be discontinued

New fluorescent blue banknote in the Mahatma Gandhi (New) Series bearing the signature of RBI Governor Urjit R. Patel, will feature the motif of...
As retail inflation eases, RBI cuts repo rate by 25 bps, loans likely to get cheaper

As retail inflation eases, RBI cuts repo rate by 25 bps, loans likely to...

This is the first cut in repo rate – the rate at which the RBI lends to banks – since October 2016. MPC headed...
Drastic Decline in Indian Workers Emigrating to Gulf Countries

Drastic Decline in Indian Workers Emigrating to Gulf Countries

Balance of Payments Affected Amid declining economies with ongoing wars and political turmoil in most of the Middle East, India has recorded a 34.6 per...
Sensex breaks past 32,000-mark as inflation hit a record low of 1.54 % in June

Sensex breaks past 32,000-mark as inflation hit a record low of 1.54 % in...

Benchmark equity indices breached the 32,000 mark for the first time and the NSE Nifty closed at the new peak of 9,879 today after...
RBI

Customers won’t have to bear loss in case of fraudulent transactions, says RBI

In an attempt to curb the payment fraud, the Reserve Bank of India on Thursday imposed a cap on the customer liability in case...
Demonetisation: How can you stop legitimate old notes deposit, SC asks Centre

Demonetisation: How can you stop legitimate old notes deposit, SC asks Centre

The SC has asked the Centre if it can provide a window for the people who failed to deposit their old currency notes of...
RBI to initiate insolvency proceedings against 12 mega defaulters

RBI to initiate insolvency proceedings against 12 mega defaulters

The Reserve Bank of India on Tuesday identified 12 accounts – each having more that Rs 5,000 crore of outstanding loans and constituting 25...
Cash crunch back to haunt UP

Cash crunch returns to haunt Uttar Pradesh, say reports

Bank officials claim they don’t have cash to meet the demands of account holders. Shortage of cash seems to have returned to haunt cities...
Cash crunch at ATMs in some states

Cash crunch at ATMs in some states

Good Friday and Sunday holidays may increase inconvenience By Neha Chandra, APN A shortage of cash in ATMs because of the Good Friday and Sunday holidays...
The accused in police custody

“RBI officials” dupe trader of Rs 1.2 crore

Demonetisation demon still inflicts suffering on the unsuspecting By Vinay Dubey, APN, Mumbai The entire country has by now adjusted to the shock and aftershocks of...
RBI keeps interest rate unchanged at 6.25 per cent

RBI keeps interest rate unchanged at 6.25 per cent

Global outlook for inflation and trade remains areas of concern By Parsa Venkateshwar Rao Jr In its sixth bimonthly meeting, the Monetary Policy Committee (MPC) of...
RBI vs EC

RBI vs EC

Was the central bank trying to compensate for past abdications by needlessly questioning the election authority? Should the RBI have turned down the order of...
People are experiencing the dark side of going cashless. Photo: UNI

Fraudsters cheat public, post-demonetisation

Panic-stricken bank account holders seek police help after their money has been withdrawn or lakhs deposited without consent Call it the dark side of going...
Lead Grpahics: Anthony Lawrence

Currency with the public in 2016

The graph released by central banking institution, Reserve Bank of India (RBI) shows currency with the public from March 2016 to December 2016
Reserve Bank of India New Delhi. Photo: UNI

Poor performance by public sector banks, says RBI report

The private sector banks and foreign banks earned net profits, but the public sector banks incurred a loss of Rs 180 billion Parsa Venkateshwar Rao...
RBI Governor Urjit Patel. Photo: UNI

RBI governor speaks his mind finally at VGGS 2017

Urjit Patel did fulfil his responsibility as an independent central bank governor while talking about the state of economy at the Vibrant Gujarat Global...

RBI issued guidelines for 2.5 lakh withdrawal

Even on the 14th day of demonetization, people are still battling for cash. After RBI issued guidelines, the families with marriages are facing many...

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