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India’s inflation probably breached RBI target last month: report

Vegetable prices, particularly that of onions and tomatoes, will contribute significantly to the rise in inflation.

08 Nov 2019 11:00 AM

Closely monitoring situation at PMC Bank; forensic audit underway: Das

The apex bank enhanced the cash withdrawal limit to Rs 50,000 per account.

07 Nov 2019 3:47 PM

PMC depositors gather outside RBI Delhi, demand assurance from central bank

On Tuesday, the RBI increased the withdrawal limit from the bank's customers to Rs 50,000.

06 Nov 2019 3:44 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

What steps taken to help PMC Bank depositors, HC asks RBI

The Enforcement Directorate is investigating the case and has attached the assets of HDIL promoters.

04 Nov 2019 2:43 PM

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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

Sebi tightens norms for listed banks on bad loan disclosures

The decision has been take in consultation with the RBI, the Sebi said in a circular.

31 Oct 2019 5:43 PM

PMC depositors protest outside RBI office seeking payback

Five persons, including HDIL promoters and bank's top management, have been arrested.

29 Oct 2019 5:48 PM

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

RBI may cut rates in December: report

A modest overshoot in recent inflation outruns is outweighed by downside risks to RBI's growth estimates.

24 Oct 2019 1:10 PM

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India moves up 14 spots to 63 on World Bank's ease of doing business ranking

New Zealand, Singapore and Hong Kong topped the list this year.

24 Oct 2019 8:13 AM

PMC depositor dies after being unable to withdraw funds for heart surgery

The victim, Murlidhar Dharra, 83, had as much as Rs 80 lakh in deposits with PMC Bank but could not withdraw money due to RBI curbs.

19 Oct 2019 8:52 AM

Omission of irregularities in PMC bank working will be probed: Mumbai police

In this case, the loans were not shown in the name of HDIL but were shown in the accounts of different names.

17 Oct 2019 8:59 AM

Another PMC Bank depositer dies of heart attack, family says he was under stress

Fattomal Punjabi is reportedly the second customer of PMC Bank to die in less than 24 hours.

16 Oct 2019 9:00 AM

Ex-Jet Airways employee with Rs 90L in PMC Bank dies of heart attack after protest

According to reports in a section of media, Gulati lost his job after the grounding of Jet Airways and is survived by a specially-abled son.

15 Oct 2019 12:17 PM

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Inflation increased in September but won't 'bring tears' to RBI: Report

If the consensus is right, inflation will come in below the RBI’s medium-term target for 14 months in a row.

10 Oct 2019 3:31 PM

RBI extends Chhibber's term as J&K Bank's interim CMD for 6 months

Chibber took over the bank's reins for three months in June following the removal of Parvez Ahmed from the post by the state govt.

09 Oct 2019 12:09 PM

Yes Bank shares jump over 4 per cent on fresh investment buzz

Shares of the private sector lender rose 4.15 per cent to Rs 43.85 on the BSE.

07 Oct 2019 12:28 PM

Former MD of PMC Bank arrested in Rs 6500 crore fraud

The agency conducted searches at six places in Mumbai and neighbouring areas linked to the former chairman of the bank, promoters of HDIL.

04 Oct 2019 8:10 PM

Loans to become cheaper after RBI cuts interest rate to a decade low

RBI will continue accommodative stance as long as it is necessary and growth revives, said RBI Gov Shaktikanta Das.

04 Oct 2019 4:11 PM

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