Reserve Bank

Forex reserves down $956.4 million to $368.998 billion

The reserves had increased by $2.022 billion to $369.954 billion in the previous reporting week.

Apr 14, 2017, 18:07 PM IST

No estimates of undeposited black money in old notes: Govt

There is no official estimate of black money held in scrapped Rs 500 and Rs 1,000 notes that have been left undeposited with banks during the demonetisation period.

Apr 07, 2017, 17:18 PM IST

Accelerated remonetisation to spur consumer spending: RBI

The Reserve Bank today said accelerated pace of remonetisation will spur consumer spending over the next several quarters pushing growth.

Apr 06, 2017, 22:32 PM IST

Bankers, analysts hail liquidity management moves; say long overdue

Rana Kapoor of Yes Bank said narrowing of policy rate corridor will help preserve financial stability and in the long run can help bring lending rates down.

Apr 06, 2017, 20:51 PM IST

RBI promises more effective steps to tackle NPA pains

The former commercial banker cautioned that the current situation will put a pressure on capital for the banks, especially for the state-run ones.

Apr 06, 2017, 18:51 PM IST

Banking outlet guidelines by month-end: RBI

The Reserve Bank will release by this month end detailed guidelines on "banking outlet", aimed at covering the under-served areas.

Apr 06, 2017, 18:09 PM IST

RBI deputy governor Kanungo formally takes charge

B.P. Kanungo, a long-serving official with India`s central bank, took over as a deputy governor of the Reserve Bank of India on Monday for a three-year term, overseeing a portfolio including currency management, debt management, and payment and settlements.

Apr 03, 2017, 18:33 PM IST

NSDL hopes to launch payments bank by May

NSDL on Wednesday said it has applied to the Reserve Bank for the final licence for its payments bank and is aiming to launch the entity by May.

Mar 15, 2017, 18:28 PM IST

Arun Jaitley to chair high-level meet on bank NPAs today

The meeting, which will also be attended by Financial Services Secretary Anjuly Chib Duggal, will discuss ways of resolution of stressed assets urgently.

Mar 10, 2017, 09:28 AM IST

New Rs 10 notes with more security coming soon

Check out the features of the soon-to-be-launched Rs 10 currency notes.

Mar 09, 2017, 13:37 PM IST

RBI allows multilateral FIs to invest in masala bonds

Reserve Bank on Thursday permitted multilateral financial institutions to invest in rupee denominated bonds popularly known as 'masala bonds' issued by Indian entities.

Feb 16, 2017, 20:58 PM IST

RBI to set up panel on strengthening cyber security

In a bid to strengthen cyber security system, the Reserve Bank (RBI) today decided to set up an inter-disciplinary panel on cyber security to examine various threats and suggest measures to deal with it.

Feb 08, 2017, 15:39 PM IST

RBI issued financial stability report

RBI issued financial stability report. Watch this special segment and get to know more here.

Dec 30, 2016, 15:46 PM IST

'RBI may cut rate by 0.25% as inflation target within reach'

The Monetary Policy Committee headed by RBI Governor Urjit Patel last month cut benchmark interest rates by 0.25 percent to 6.25 percent.

Nov 16, 2016, 13:59 PM IST

Maharashtra Government announces all state roads to be toll-free till November 11 midnight

It said that the decision has been taken to ease commuter discomfort in the wake of the demonetisation of currency notes in the denomination of Rs.500 and Rs.1000.

Nov 09, 2016, 20:41 PM IST

RBI to soon come out with norms on one-time settlement for debt ridden sectors

In order to provide breather to construction sector, the Reserve Bank is likely to come out soon with detailed norms for one-time settlement of loans in line with the Cabinet decision.

Nov 02, 2016, 16:19 PM IST

RBI may infuse Rs 55,000 cr via through open market operations

With an objective of keeping liquidity at neutral level, Reserve Bank is likely to infuse Rs 55,000 crore through open market operations (OMO) in the second half of this financial year

Oct 21, 2016, 18:40 PM IST

Foreign exchange reserves dip by $1.5 bn to $366.13 bn

In the previous week, the reserves had decreased by USD 4.343 billion to USD 367.646 billion.

Oct 21, 2016, 18:29 PM IST

RBI to cut more rates next year, says CLSA's Wood

The Reserve Bank of India`s decision in the credit policy to cut the repo rate by 25 basis points and lower the target for real interest rate suggests that significantly easier monetary policy is coming, says Chris Wood, the author of CLSA`s newsletter GREED and fear.

Oct 14, 2016, 14:06 PM IST

RBI shifts monetary policy timing; decision to be announced at 2.30 pm

For long, the central bank has been unveiling the monetary policy at 11 am.

Sep 30, 2016, 15:41 PM IST