Monday, Dec 09, 2019 | Last Update : 07:51 PM IST

reserve bank of india

What RBI’s revised forecast means for us

Since the BJP claims that people have voted for Mr Modi, the buck should rightfully stop at him.

09 Dec 2019 12:19 AM

RBI pegs GDP down to 5 per cent, no rate cut

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

NBFCs, MFIs & co-ops can now become SFBs

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

No way privately-issued digital currencies can be allowed: RBI Gov Das

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

We can't keep on slashing policy rates every time: Shaktikanta Das

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

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Reserve Bank keeps benchmark interest rate unchanged at 5.15 per cent

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

Services output expands for first time in 3 months: PMI

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

Ex-RBI Guv says reaching USD 5 trillion target at current rate 'simply out of question'

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

Relaxing withdrawal limits: RBI to Bombay HC

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

No NEFT charges from January

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

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RBI raises limit for borrowing from microfinance institutions

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

No levying of charges on NEFT payment from January: RBI to banks

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

Withdrawal limit for PMC Bank depositors raised to Rs 50,000

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

RBI revamps departments for effective supervision, regulation of banking sector

Reserve Bank had separate departments for supervisory, regulatory functions which were integrated into two unified departments.

02 Nov 2019 12:27 PM

RBI rejigs internal setup to monitor banks better

The development follows the RBI’s central board decision to create separate supervisory and regulatory cadre.

02 Nov 2019 1:29 AM

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PMC depositors hold agitation

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

Forex reserves cross USD 440 billion mark, up by USD 1.04 billion

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 jumps 14 places in ease of doing biz

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

Economic slump: PM Modi set to meet top ministers today

India is currently a $2 trillion worth economy.

23 Oct 2019 2:25 AM

RBI feels bank rates will drop after benchmarking

All the six members of the MPC had voted in favour of a rate cut.

19 Oct 2019 2:12 AM

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