Yes Bank sinks 34%; m-cap erodes by Rs 14,452 crore as RBI trims Rana Kapoor's term as CEO
On NSE, shares of the company plunged 31.67 percent to hit its one-year low of Rs 218.10.
Sep 21, 2018, 12:21 PM IST
FinMin in touch with RBI for market intervention to contain rupee value
The RBI has been selling dollars to arrest declining rupee, which led to decline in forex reserves from USD 426 billion in April to USD 400.10 billion at the end of August.
Sep 11, 2018, 10:36 AM IST
Rupee not to go in for free fall: Former RBI Guv Rajan
The RBI has increased the key lending rate twice in the recent past on inflationary concerns.
Sep 11, 2018, 10:34 AM IST
Inflation peaking off; August CPI likely at 3.8%: Report
Retail inflation fell to 9-month low of 4.17 percent in July on declining vegetable prices.
Aug 14, 2018, 15:29 PM IST
Fuel prices to weigh on RBI's MPC 3-day meet from June 4
This is the first time that the Monetary Policy Committee will meet for three days due to "administrative exigencies".
May 29, 2018, 17:00 PM IST
RBI may go for 3 rate hikes from December quarter: Report
The report said a recovery in private capex is likely later this year and this will boost economic growth.
May 14, 2018, 16:06 PM IST
PNB fraud case: CBI quizzes ex-deputy governor of RBI
The officials said he was questioned about the UPA government's 20:80 gold import scheme.
Apr 06, 2018, 17:27 PM IST
RBI dumps GVA model, switches back to GDP to measure economy
Government had started analysing growth estimates using GVA methodology from January 2015 and had also changed the base year to 2018 from January.
Apr 06, 2018, 09:19 AM IST
RBI likely to keep repo rate unchanged in first bi-monthly monetary policy for FY19
The Central Bank is set to announce its monetary policy at 2.30 pm on Thursday.
Apr 05, 2018, 10:12 AM IST
RBI bars Axis Bank from importing bullion for FY19
Axis Bank was one of the leading importers for gold and silver among all the 19 lenders which were given the licence last year.
Apr 04, 2018, 11:48 AM IST
Jio Payments Bank Limited begins operations
Reliance Industries Ltd was one of the 11 applicants which were issued in-principle approval for setting up a payments bank in August 2015.
Apr 04, 2018, 09:05 AM IST
RBI likely to keep repo rate unchanged in upcoming policy review: HDFC Bank
RBI is set to announce its monetary policy on April 5.
Apr 03, 2018, 14:37 PM IST
Economy to double to $5 trillion by 2025; no risk to inflation target: Finmin
India's GDP in value terms currently stands at USD 2.5 trillion -- making it the sixth largest economy in the world.
Mar 26, 2018, 15:20 PM IST
RBI to keep policy rates on hold, maintain neutral stance: Report
The central bank's next monetary policy review is scheduled for April 5.
Mar 26, 2018, 15:16 PM IST
Govt had sought Rs 13,000 cr additional dividend from RBI: Finmin
Economic Affairs Secretary Subhash C Garg had said yesterday that the government was expecting "some more" dividend from the central bank this month.
Mar 09, 2018, 15:09 PM IST
RBI buys $864 mn of US currency in November
In fiscal 2016 too, the central bank was a net buyer of dollar to the tune of USD 10.209 billion.
Jan 11, 2018, 15:26 PM IST
No question of closing down any PSB, says govt & RBI
The RBI said that under its supervisory framework, it uses various measures/tools to maintain sound financial health of banks.
Dec 22, 2017, 16:56 PM IST
Banks lost nearly Rs 17K cr to frauds last fiscal, says finmin
The committee reviews, inter alia, threats inherent in the existing or emerging technology, and suggests appropriate policy interventions.
Dec 22, 2017, 16:51 PM IST
RBI allows foreign investors to up stake in Bharat Financial
The aggregate foreign shareholding by FPIs under Portfolio Investment Scheme in Bharat Financial Inclusion Limited has gone below the prescribed threshold caution limit.
Dec 06, 2017, 14:29 PM IST
RBI should help govt revive stalled projects: Piyush Goyal
Goyal was speaking on the sidelines of the India Economic Summit of the World Economic Forum (WEF).
Oct 05, 2017, 19:11 PM IST
