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NCLAT has directed the resolution professional, committee of creditors and NCLT not to pass any order in the matter related to insolvency resolution of Essar Steel.

Central Bank puts Bhushan Power, Essar Steel accounts up for sale to...

Bhushan Power & Steel has an outstanding of Rs 1,550.07 crore towards the bank.

5 March 2019 9:40 AM IST

Domestic investors were reluctant to expand their portfolios ahead of the RBIs monetary policy review, brokers said.

RBI relaxes leverage ratio for banks to boost their lending capacity

In terms of the framework on LR put in place by RBI, banks have been monitored against an indicative LR of 4.5 pc.

29 Jun 2019 11:24 AM IST

The research found that the more time people spent on WhatsApp per day, the less lonely they were and the had higher self-esteem as a result of feeling closer to friends and family. (Photo: Representational/Pixabay)

SC wants central bank to report on WhatsApp's compliance with local...

WhatsApp has been testing a peer-to-peer payments service for over a year in India.

3 Aug 2019 10:53 AM IST

The Sensex crashed over 505 points to slip below the 38,000-level as rupee woes and global trade war worries spooked investors despite the government announcing a slew of measures to stem a steep fall in the domestic currency.

Bearish momentum likely to continue

The Sensex plunged 786.94 points intra-day to day's low of 36,694.18 after a weak start.

2 Aug 2019 2:19 AM IST

Monetary Authority of Singapore (Photo- AFP)

Singapore central bank eases monetary policy amid covid19 pandemic

Monetary Authority of Singapore was supposed to issue its next policy statement in April but brought it forward due to...

30 March 2020 10:04 AM IST

Satish Marathe, a member of RBIs central board. (Photo- Social media)

Stimulus package fails to involve banks as frontline warriors, says...

He said the three-month moratorium offered for loan repayments announced by Reserve Bank of India is "not enough"

20 May 2020 12:41 PM IST

Reserve Bank of India (RBI) Governor Shaktikanta Das. (PTI Photo)

RBI central board discusses current economic situation, COVID-19...

RBI had taken a host of steps, including reduction in the key policy rate and measures to support the industry, to deal...

26 Jun 2020 4:26 PM IST

RBI keeps interest rates on hold; raises limit for gold loans. (PTI Photo)

RBI increases gold loan-to-value ratio to 90%, interest rates...

Monetary Policy Committee after three days of deliberations voted unanimously to leave the policy repo rate unchanged at...

6 Aug 2020 2:52 PM IST

Banning of letters of undertaking (LoUs) and letters of comfort (LoCs) by the RBI as trade finance instruments is likely to reduce financial flexibility of importers, a Fitch group company said on Wednesday.

RBI board agrees to further examine governance framework

RBI board also reviewed the current economic situation, both global and domestic challenges.

14 Dec 2018 4:26 PM IST

To improve ease of doing business, a new scheme of self-assessment-based duty-free procurement of inputs required for exports has been introduced.

India's exports seen hitting USD 350 bn in 2018-19: trade body

FIEO also hopes India will actively engage with the United States to protect local industry's interest.

29 May 2018 3:24 PM IST

Reserve Bank of India keeps the repo rate and reverse repo rate unchanged.

RBI may go for 3 rate hikes from December quarter: report

It may go for three rate hikes by 2019 taking the key policy rate to 6.75 per cent.

14 May 2018 2:10 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI surplus transfer to govt rises 63.08 pc in FY 2018

A surplus of Rs 50,000 crore was transferred to the central government in FY18.

29 Aug 2018 3:17 PM IST