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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

The inflationary expectations would be seeping even in the core inflation (non-food, non-fuel). Going forward, both external and internal factors would weigh on the mind of the Monetary Policy Committee of the RBI: Assocham

Interest rate cut unlikely: Assocham

While analysts are giving different takes on the upper level of crude, crossing the 70 dollar per barrel is not ruled...

27 Nov 2017 12:55 AM IST

Wholesale inflation in the month of October soared to 3.59 per cent on the back of food and fuel prices. (Photo: PTI)

Rising inflation reduces chances of RBI rate-cut in December: ASSOCHAM

This comes in the wake of the recent surge in prices of vegetables and crude oil that has left vendors as well as the...

26 Nov 2017 6:17 PM IST

Reserve Bank of India, RBI, is a banking regulator. It also calculates and fixes repo rate. (Photo: AFP)

Govt seeks Rs 13,000-cr surplus from RBI: Economic Affairs Secy

In August, the RBI had paid a dividend of Rs 30,659 crore for the fiscal ended June 2017.

19 Nov 2017 1:10 PM IST

The RBI directed all banks to implement doorstep banking facilities for differently-abled citizens and those above 70 years of age by December this year. (Photo: PTI)

RBI directs to enable doorstep banking for senior citizens,...

Banks were also advised to provide a dedicated counter for senior citizens and people who are differently-abled.

10 Nov 2017 4:14 PM IST

Old Rs 500 notes were banned along with Rs 1,000 curreny notes on November 8 last year. (Photo: PTI/FIle)

RBI faces space crunch in vaults, cuts note printing order for 2018

According to sources, the space crunch in RBI chests and vaults is due to the stock of scrapped Rs 500 and Rs 1,000...

9 Nov 2017 11:25 AM IST

Reserve Bank of India

RBI mandates obtaining unique code for large corporate borrowers

Those having exposure between Rs 500 crore and Rs 1,000 crore have to obtain the LEI code by June 30.

2 Nov 2017 8:43 PM IST

Chief Economic Advisor Arvind Subramanian

RBI has been intervening to stem rupee's appreciation: CEA

Subramanian said there was a 'big' appreciation of the rupee between January and April.

25 Sept 2017 2:06 PM IST

The prevalence of Bitcoins has caused some concerns in government due to its hidden nature.

Govt mulling India's own cryptocurrency 'Lakshmi'

Sources in the government said that a committee was set up to discuss the proposal of having India's own cryptocurrency.

16 Sept 2017 6:34 PM IST

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.

Awaiting govt notification for coming out with P2P guidelines: RBI...

The consultation paper on p-2-p lending was released by RBI in April last year, but the final guidelines are yet to...

13 Sept 2017 2:57 PM IST

Deputy Governor S S Mundra

Hopes of money not returning post demonetisation unmet: S S Mundra

RBI had said on August 30 that as much as 99 per cent of the junked Rs 500 and Rs 1,000 notes have returned to the...

12 Sept 2017 4:20 PM IST

Old Rs 1,000 and Rs 500 notes were scrapped on November 8, 2016.

RBI using 'sophisticated' machines to test 'genuineness' of...

Earlier, the media reported the bank's RTI statement saying it was not using machines to count the scrapped currency.

11 Sept 2017 10:08 AM IST