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There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

MPC minutes suggest RBI to tread cautious path; slim chances of rate...

The report expects retail inflation to be around 3.3 per cent in this fiscal but that directionally it will be trending...

20 Oct 2017 2:01 PM IST

The government expects a helping hand from the RBI in the form of interest rate cut in the next monetary policy review on Wednesday to boost the slowing economy. Photo: PTI

RBI worried rise in consumer prices could threaten inflation target

The RBI's six-member monetary policy committee voted 5-1 to keep the repo rate unchanged at the on October 4 meeting.

18 Oct 2017 6:36 PM IST

The finance ministry on Wednesday said it has taken note of the RBI decision to maintain status quo on interest rate. Photo: PTI

RBI repo rate status quo, lower growth forecast noted, says Finance...

The ministry, however, welcomed the initiative with regard to Peer to Peer (P2P) NBFC financing regulation.

4 Oct 2017 7:05 PM IST

RBI Governor Urjit Patel at a press conference after the monetary policy review meeting in Mumbai. (Photo: PTI)

GST roll out left short-term prospects uncertain, delayed investment:...

The Reserve Bank of India Governor Urjit Patel on Wednesday also kpet the repo rate unchanged at 6 per cent.

4 Oct 2017 4:44 PM IST

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

Here's what experts have to say about RBI's monetary policy decision

Despite a slowing economic growth, RBI on Wednesday kept the repo rate unchanged at 6 per cent.

4 Oct 2017 3:53 PM IST

RBI Governor Urjit Patel at a press conference after the monetary policy review meeting in Mumbai. (Photo: PTI)

RBI keeps repo rate unchanged at 7-year-low of 6 pc amid inflation...

This was fourth bi-monthly policy review of 2017-18 by RBI's Monetary Policy Committee.

4 Oct 2017 2:40 PM IST

NSE Nifty reclaimed the 9,900-level and BSE Sensex climbed over 167 points in early trade on Thursday. Photo: PTI

Sensex pulls 332 points higher ahead of RBI meet, on global cues

Auto stocks also drove up the market after encouraging September sales data.

3 Oct 2017 10:22 AM IST

The government expects a helping hand from the RBI in the form of interest rate cut in the next monetary policy review on Wednesday to boost the slowing economy. Photo: PTI

Govt expects helping hand from RBI in form of rate cut amidst slowdown

The Monetary Policy Committee of the RBI is scheduled to come out with next biÂ-monthly monetary policy decision on...

2 Oct 2017 12:33 PM IST

The government expects a helping hand from the RBI in the form of interest rate cut in the next monetary policy review on Wednesday to boost the slowing economy. Photo: PTI

India's inflation likely to rise, interest rates won't: Reuters poll

The RBI's Monetary Policy Committee at its meeting in October expressed concern about rising inflation.

29 Nov 2017 1:52 PM IST

The government expects a helping hand from the RBI in the form of interest rate cut in the next monetary policy review on Wednesday to boost the slowing economy. Photo: PTI

Govt wants RBI rate cut before March, say Finance Ministry sources

The Finance Ministry wants a rate cut in the Monetary Policy Committee's December meet or when it convenes in February.

28 Nov 2017 1:12 PM IST

RBI governor Urjit Patel

How Urjit Patel's first year as RBI Governor panned out

Patel joined the central bank at a time when India was taking steady steps as a fast-growing economy under Prime...

4 Sept 2017 3:13 PM IST

'Expect RBI to hike rate by 2018-end'

The MPC has revised down its inflation forecast for the second half of FY19 to 4.4 per cent.

9 April 2018 12:30 AM IST