Since the BJP claims that people have voted for Mr Modi, the buck should rightfully stop at him.
09 Dec 2019 12:19 AM
The policy repo rate since February was cut in every policy, cumulatively easing by 1.35 per cent or by 135 basis points to 5.15 per cent.
06 Dec 2019 3:22 AM
The minimum paid-up voting equity capital or net worth requirement has been set at Rs 200 crore, up from Rs 100 crore as set earlier.
06 Dec 2019 2:18 AM
The comments come a year after government tagged Bitcoins and other cryptocurrencies illegal and the RBI banned their trade.
05 Dec 2019 5:48 PM
The sharp decline in growth had many analysts assuming the Reserve Bank will deliver a rate cut on Thursday.
05 Dec 2019 1:34 PM
The central bank also revised GDP growth downwards to 5 per cent for 2019-20 from 6.1 per cent projected in its October policy.
05 Dec 2019 12:08 PM
The IHS Markit India Services Business Activity Index improved to 52.7 in November from 49.2 in October.
04 Dec 2019 11:33 AM
The economy has been on a steady decline, with growth rate slowing from 8.2 per cent in FY16 to 6.8 per cent in FY19.
22 Nov 2019 8:48 AM
The crisis at the bank is attributed to the loans allocated to realty firm the Housing Development Infrastructure Ltd (HDIL) without scrutiny.
20 Nov 2019 1:53 AM
The RBI this year had done away with charges on NEFT and RTGS transactions and asked banks to pass on the benefit to their customers.
09 Nov 2019 3:39 AM
The limit has been increased from Rs 1.6 lakh for urban or semi-urban areas to Rs 2 lakh, the RBI said in a circular.
08 Nov 2019 8:28 PM
RBI has also proposed that FASTags would be enabled to pay for parking fee and even at fuel stations.
08 Nov 2019 5:26 PM
With the above relaxation, more than 78 per cent of the depositors of the bank will be able to withdraw their entire account balance.
05 Nov 2019 6:30 PM
Reserve Bank had separate departments for supervisory, regulatory functions which were integrated into two unified departments.
02 Nov 2019 12:27 PM
The development follows the RBI’s central board decision to create separate supervisory and regulatory cadre.
02 Nov 2019 1:29 AM
A delegation of depositors also met a chief general manager-rank officer after the protest in suburban BKC and submitted a memorandum.
30 Oct 2019 3:39 AM
The value of the gold reserves increased by USD 82 million to USD 26.861 billion for the week, the RBI said.
25 Oct 2019 7:55 PM
India also ranked Number One in South Asia. India went up ahead by 23 and 30 places, respectively, in the past two years.
25 Oct 2019 1:39 AM
India is currently a $2 trillion worth economy.
23 Oct 2019 2:25 AM
All the six members of the MPC had voted in favour of a rate cut.
19 Oct 2019 2:12 AM