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Reserve Bank Governor Urjit Patel

Growth important, but not at cost of inflation: RBI Guv Urjit Patel

The slowdown had sparked some calls for lower interest rates, but with inflation rising, the RBI left rates unchanged.

9 Oct 2017 12:27 PM IST

The RBI has initiated a prompt corrective action against state-owned Oriental Bank of Commerce (OBC) for high bad loans. Photo: PTI

RBI begins 'corrective action' against Oriental Bank of Commerce for...

The move will place various restrictions on the public sector lender including on fresh loans and dividend distribution.

7 Oct 2017 8:02 PM IST

The Enforcement Directorate has carried out massive raids in 50 branches of 10 banks across the nation. (Photo: PTI/Representational)

RBI urges banks to be sensitive to senior citizen, differently-abled...

The Reserve Bank of India also permitted co-operative banks to open current accounts.

4 Oct 2017 8:26 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

Indias forex reserves have shot up considerably.

RBI mulls transparent foreign exchange trading platform

Such a mechanism will provide transparency while enhancing competition and lead to better pricing for customers, it...

4 Oct 2017 5:38 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RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.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

Indian stocks, bonds and currency markets will be closed on Monday for a holiday.

RBI slashes SLR by 50 bps, India's bonds plummet

The RBI said it would reduce banks' statutory liquidity ratio by 50 bps to 19.5 percent from the fortnight starting...

4 Oct 2017 3:37 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

Reserve Bank Governor Urjit Patel. (Photo: PTI)

Will RBI slash repo rate as industry, govt want a cut?

A top finance ministry official said last week that there is scope for an RBI rate cut as retail inflation continues to...

3 Oct 2017 3:00 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