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RBI imposes Rs 4 crore penalty on Citibank. (AFP Photo)

RBI imposes Rs 4 crore penalty on Citibank

According to the RBI, this action is based on deficiencies in regulatory compliance

30 May 2020 10:22 AM IST

Senior Congress leader P Chidambaram

Chidambaram slams Modi government over discontinuation of RBI Bonds...

He urged people to demand from the government that the RBI Bond be restored immediately.

28 May 2020 2:07 PM IST

Satish Marathe, a member of RBIs central board. (Photo- Social media)

Stimulus package fails to involve banks as frontline warriors, says...

He said the three-month moratorium offered for loan repayments announced by Reserve Bank of India is "not enough"

20 May 2020 12:41 PM IST

Reserve Bank of India (RBI) Governor Shaktikanta Das. (PTI Photo)

RBI central board discusses current economic situation, COVID-19...

RBI had taken a host of steps, including reduction in the key policy rate and measures to support the industry, to deal...

26 Jun 2020 4:26 PM IST

Reserve Bank of India (RBI) sets out proposals for tighter governance at banks. (PTI Photo)

RBI proposes stricter governance rules for commercial banks

RBI said the objective of tougher guidelines was to align the current regulatory framework with global best practices

12 Jun 2020 9:13 AM IST

Finance Minister Nirmala Sitharaman addresses a meeting in New Delhi. PTI photo

Centre puts its burden of GST compensation upon states

The government has made an estimate of a shortfall of Rs 2.35 lakh crore based on the expected cess collection for the...

28 Aug 2020 11:50 AM IST

Reserve Bank of India (RBI) Governor Shaktikanta Das. (PTI Photo)

Centre extends RBI Governor Shaktikanta Das' term for three years

Shaktikanta Das was appointed as the Reserve Bank of India (RBI) Governor in December 2018

29 Oct 2021 8:04 AM IST

At the interbank foreign exchange, the rupee opened strong at 70.55, registering a rise of 26 paise over its previous close of 70.81. (Photo: DC)

MFIs should balance social goals with growth: RBI Deputy Governor M...

Rao said that self-sufficiency and financial sustainability are the objectives that the lenders need to pursue

28 Oct 2021 8:42 AM IST

Reserve Bank of India on Thursday released a national strategy for financial education to be implemented in the next five years. (PTI Photo)

RBI fines SBI, StanChart for rules violation

On SBI, the central bank said the lender delayed reporting fraud in a customer account to it

19 Oct 2021 7:33 AM IST

An elevated inflation rate is also a cause of concern for the RBI, though it has decided to accord priority to economic growth in the near future. (AA file Photo)

RBI maintains status quo for 8th time; retains repo rate at 4 per cent

RBI had last revised its policy repo rate or the short-term lending rate on May 22, 2020

8 Oct 2021 10:38 AM IST

An elevated inflation rate is also a cause of concern for the RBI, though it has decided to accord priority to economic growth in the near future. (AA file Photo)

RBI seen targeting liquidity this time

Economists also expect the MPC to revise its inflation projections downwards

4 Oct 2021 3:53 AM IST

Prime Minister Narendra Modi speaks during the G20 Extraordinary Summit on Afghanistan, via video conferencing, in New Delhi. (Photo: PTI)

PM Modi to launch RBI's retail direct scheme

As per the scheme, investors will be able to directly open and maintain their government securities account free of cost

12 Nov 2021 8:07 AM IST