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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

RBI governor Urjit Patel

Urjit Patel faces grilling by house panel today

Committee has been deliberating on the note ban issue for almost two years after its announcement on Nov 8, 2016.

27 Nov 2018 10:27 AM 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 can transfer Rs 1 trillion of excess reserves to govt: report

The government for the second year in a row has pegged fiscal deficit at 3.3 per cent of GDP this fiscal year.

26 Nov 2018 4:12 PM IST

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

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

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

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

RBI accountable to government, says reserves panel chairman

Government is urgently seeking extra funds to finance populist measures like financial aid to farmers.

10 Jan 2019 5:07 PM IST

Visiting Venezuelan Foreign Minister Jorge Arreaza said in New Delhi on Monday that Venezuela wants trade with India in oil and other commodities such as food and medicines to be conducted in Indian Rupees and not in US Dollars. (Representational image)

Additional fund infusion to help banks lower NPAs: report

The overall capital infusion into state-run banks during FY15-FY19 stands at Rs 2.56 trillion.

8 Jan 2019 5:05 PM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

RBI vs Govt in 2018: A 'husband-wife' relation that turned stormy

The differences came out in the open when Deputy Governor Acharya, in a hard-hitting speech in October.

1 Jan 2019 10:52 AM IST

Shares of Allahabad Bank closed 1.96 per cent down at Rs 87.70 on BSE.

Corporation, Allahabad, Dhanlaxmi Bank jump up to 10 pc post RBI move

The RBI on Tuesday removed the three banks from its Prompt Corrective Action (PCA) framework.

27 Feb 2019 12:27 PM IST

The agenda going forward is clear: The banks have to regain the confidence of investors so that they can raise funds from the capital markets and not be dependent on government. (Representational image)

Other banks to be out of PCA framework soon: Piyush Goyal

The RBI on Thursday lifted lending curbs on three out of 11 weak public sector banks (PSBs).

2 Feb 2019 10:28 AM IST