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RBI governor Urjit Patel. (Photo: PTI)

Government to run power play at next RBI board meeting: report

PM Modi is keen to stimulate the economy and is looking for the RBI to allow easier lending policies.

28 Nov 2018 3:46 PM IST

Higher opening in domestic stock market limited rupee losses. (Photo: PTI).

No additional recapitalisation in PSBs beyond Rs 65,000 crore in FY19

The government has already infused about Rs 82,000 crore through bonds.

28 Nov 2018 10:47 AM IST

RBI governor Urjit Patel

RBI Governor to submit written answers to questions raised by MPs

Governor replied that adherence to the global norms was India's commitment to G-20 nations.

27 Nov 2018 5:06 PM IST

If you are under the age of 60, heres a check list to help you plan your money decisions to create wealth, insure adequately, and save tax in 2018-19.

Panel to overhaul, simplify Direct Tax laws to submit report by Feb 28

Currently, income up to Rs 2.5 lakh per annum is exempt from tax for individuals.

27 Nov 2018 10:56 AM IST

The rupee finally settled at 69.89 on Tuesday, showing a modest gain of 4 paise over the previous close. (Representational image)

Govt to infuse Rs 42,000 cr in PSU banks by March; next tranche likely...

Out of the Rs 1.35 lakh crore, the government has already infused about Rs 82,000 crore through the bonds.

26 Nov 2018 3:06 PM IST

The finance ministry said that the bill is far more depositor-friendly than in many other countries which provide for statutory bail-in without consent of creditors and depositors.

Finance Ministry hopeful about public sector banks

Of the 21 state-owned banks, 11 are under the PCA framework, which imposes lending and other restrictions on weak...

26 Nov 2018 7:38 AM IST

The finance ministry said that the bill is far more depositor-friendly than in many other countries which provide for statutory bail-in without consent of creditors and depositors.

Finance Ministry likely to stick to capital infusion programme for PSU...

Out of the Rs 1.35 lakh crore, the government has already infused about Rs 82,000 crore through recap bonds.

23 Nov 2018 5:00 PM IST

Chidambaram attacks govt over rocky ties with RBI, says RBI worked...

Chidambaram accused the government of "meddling" with the methodology of calculating the GDP numbers.

21 Nov 2018 3:58 PM IST

As the downward spiral of the rupee continues, its effect will be felt in the government not being able to hold the fiscal deficit, inflation in oil and other imports, the fall of investments made in the stock market and the increased cost to companies in repaying foreign loans.

Final round of capital infusion in Dec to help banks lend more

Banks, which have been part of recent mergers, will also receive capital from the govt

21 Nov 2018 11:24 AM IST

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

Expert committee to examine ECF of RBI soon, say sources

The membership and terms of reference of the panel will be jointly determined by the govt and the RBI.

20 Nov 2018 3:46 PM IST

Old note will continue to be accepted for the other utility bill payments as well as at railway ticketing counters and counters of government or public sector undertaking buses for purchase of bus tickets till December 15

Praising notes ban, RBI's Gurumurthy says economy would have collapsed

RBI's board meeting is scheduled to take place on Monday where the issues raised by the govt, including easing of PCA...

16 Nov 2018 10:47 AM IST

Urjit Patel, governor, RBI

RBI, govt to accommodate each other by November 19 meet

Steps to ease credit pressure likely, capital framework row to be put on slow burner.

15 Nov 2018 10:23 AM IST