Reserve Bank Of India (RBI): News
18 Nov 2016
IndiaPanel looks into NRIs and tourists demonetization hassles
The Ministry of External Affairs (MEA) said an inter-ministerial committee has been formed to study concerns of tourists, NRIs and foreign missions with regards to demonetization.
17 Nov 2016
Shiv SenaWhat was Mumbai upto on 17th Nov?
Government is feeling demonetization blues as much as everyone else in the country.
15 Nov 2016
DelhiHere is all that kept Delhi busy
Delhi's air quality showed signs of improvement after 20 days due to a change in direction of winds.
15 Nov 2016
India2016: India witnesses highest asset sales
Market data reveals that India has chronicled the highest number of asset sales this year than in any other year after the country witnessed liberalization.
12 Nov 2016
BusinessRBI eases rules for stressed asset resolution schemes
The Reserve Bank of India (RBI) has eased the rules for various stressed asset resolution schemes and extended the scope of a loan recast plan that was previously limited to the infrastructure industry.
09 Nov 2016
Uttar PradeshGold sees a sharp rise
Demonetization announced on November 8 has begun to impact precious metals.
07 Nov 2016
IndiaSBI: Vindhyavasini Group's default payments cross Rs.1,000 crore
India's largest public-sector bank, SBI, revealed that Mumbai-based Vindhyavasini Group has defaulted in payments of over Rs.1,000 crore to the bank.
07 Nov 2016
IndiaRs.1 note now printed at a profit
In an RTI filing, the RBI revealed that two mints charge different amounts for printing the same currency notes.
02 Nov 2016
IndiaSBI slashes home loan rates: Cheapest in the market
Bringing much cheer to India's home loan borrowers, the State Bank of India (SBI) slashed their interest rates by 0.15 percent, reports said.
01 Nov 2016
IndiaPNB set to issue bonds worth Rs.6,000 crore
Punjab National Bank announced plans to launch a massive bond issue to help raise funds amounting to Rs.6,000 crore.
24 Oct 2016
IndiaIndia's sixth tranche of gold bond scheme opens
Starting today, the Government of India, along with the Reserve Bank of India launched its sixth tranche of the gold scheme.
19 Oct 2016
MumbaiRBI looks to tackle growth over inflation
In its first monetary policy meeting, the RBI said that all of the monetary policy committee's members had voted in favour of the repo rate cut that was announced earlier this month.
11 Oct 2016
PunjabRBI's approval to restructure food credit given to Punjab
The Reserve Bank of India (RBI) has approved the proposal to restructure food credit of Rs.30,000 crore allocated to Punjab.
08 Oct 2016
Confederation of Indian IndustryNeed to remove hurdles to achieve 8% sustainable growth
Speaking at the 32nd India Economic Summit, Commerce and Industry Minister Nirmala Sitharaman said Indian economy can achieve an 8% sustainable growth in the coming years.
04 Oct 2016
IndiaRBI cuts repo rate to 6.25%, markets rally
The Reserve Bank of India cut its repo rate by 25 basis points to lower it to 6.25%.
02 Oct 2016
KarnatakaKotak to acquire micro finance company
Kotak Mahindra Bank (Kotak) is in discussions to acquire a Karnataka based micro finance company, BSS Microfinance.
01 Oct 2016
MumbaiRBI directs banks to publish photos of only wilful defaulters
The Reserve Bank of India directed lenders and other financial banking institutions to not resort to publishing photographs of all defaulters indiscriminately.
27 Sep 2016
IndiaRBI seeks regulator for spot exchanges
RBI has requested the Finance Ministry to appoint a regulator for monitoring spot exchanges in the country.
16 Sep 2016
IndiaIndian rupee takes a hit on reports of devaluation
The Indian rupee plunged on 15th Sep when media channels reported that a possible devaluation of the rupee was in the cards.
05 Sep 2016
IndiaRBI looks to explore Islamic banking and finance
The Reserve Bank of India proposed measures to adopt interest-free banking that will open Islamic finance in India, tackling banking exclusions pitched under religious reasons.
29 Aug 2016
IndiaA data leak and an earthquake mar this week
A massive leak of the technical details of India's Scorpene submarines severely hurt India's national security after The Australian made the details public.
17 Aug 2016
RuPayGovernment to bear debit, credit card payment transaction costs
On Tuesday, a memorandum issued by the finance ministry stated that the Government will bear the transaction cost for all payments made to it through debit or credit cards and net banking.
17 Aug 2016
IndiaWPI witnesses steep climb to touch 23-month high
India's Wholesale Price Index (WPI), the measure used to gauge inflation levels in certain economies and understand the price of goods, peaked to a 23-month high in July.
13 Aug 2016
Indian Railway Catering and Tourism CorporationPSU Bank hacking attempt
During 'Question Hour' in Lok Sabha Finance Minister Arun Jaitley informed MPs that there was a recent hacking attempt of a PSU Bank but it was foiled.
02 Aug 2016
IndiaRBI issues new guidelines for on-tap bank licenses
The Reserve Bank of India (RBI) came up with new guidelines for on-tap bank licensing paving way for those who are interested in seeking licenses whenever required.
01 Aug 2016
Lok SabhaGovernment to move an amendment bill to strengthen debt recovery
In a bid to strengthen debt recovery laws, Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions Bill, 2016 has been cleared in Lok Sabha through a voice vote.
