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Finance Minister Arun Jaitley said, Government had announced in the budget that consolidation of banks was also in our agenda and the first step has been announced. (Photo: Twitter | ANI)

Government does not need RBI funds yet: Arun jaitley

RBI to aid small businesses and give bankers more time to step up capital norms to encourage lending and stimulate the...

24 Nov 2018 1:32 PM IST

State-run Oil India Ltd (OIL) will seek shareholders approval to raise Rs 7,000 crore through bonds.

Oil India Ltd to buyback 4.45 per cent shares for Rs 1,085 crore

Govt is targeting a minimum Rs 5,000 crore through share buyback offers of state-owned firms like Coal India and BHEL.

23 Nov 2018 6:00 PM IST

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

RBI decision to extend timeline for banks to meet capital norms...

The RBI board decided to retain the capital adequacy requirement for banks at 9 per cent.

20 Nov 2018 12:08 PM IST

The RBI has asked Axis Banks board to re-consider the decision to re-appoint Shikha Sharma as its MD and CEO for a fourth term.

Showdown averted, RBI agrees to ease liquidity at board meet

Nine-hour-long marathon meeting ends on a cordial note'.

20 Nov 2018 10:10 AM IST

Defence minister Nirmala Sitharaman

Defence procurement happening speedily but with 'due diligence...

Sitharaman also urged defence manufacturers to get out of the mindset of looking at the India market alone.

15 Nov 2018 3:54 PM 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

NCLT to extend the moratorium so that legal action cant be taken by creditors against IL&FS or its 347 group entities.

Govt may nudge LIC, SBI to buy out IL&FS

LIC and ORIX Corporation of Japan are the largest shareholders in IL&FS having 25.34 per cent and 23.54 per cent stake...

12 Nov 2018 12:16 PM IST

ONGC may buy all of the governments 51.11 per cent stake in HPCL

Govt may sell 149 ONGC fields to private firms

This is the second attempt by the oil ministry to take away some of the fields of ONGC for private and foreign...

12 Nov 2018 11:27 AM IST

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

RBI vs govt: The 18 wise men tasked with supervision of the Mint...

RBI board is scheduled to meet next on November 19 amid an ongoing tussle with the government on multiple fronts.

12 Nov 2018 10:56 AM IST

The Monetary Policy Committee (MPC), headed by RBI Governor Urjit Patel, started its 2-day meeting on Wednesday.

Govt says not seeking massive reserve transfer from RBI, in talks for...

9 Nov 2018 6:06 PM IST

RBI board needs to play like Dravid: Raghuram Rajan

Banks can kick-start lending and support growth, and transferring more dividend to boost liquidity.

7 Nov 2018 11:09 AM IST

Raghuram Rajan has written about his experiences in India as RBI governor in his recently launched book I do what I do. (Photo: PTI)

Raghuram Rajan says RBI is a seat belt for govt; autonomy must be...

Central bank has the liberty to say no if the government pushes it to be lenient, says Rajan.

6 Nov 2018 5:30 PM IST