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Reserve Bank of India

No record of fake currency with us, says RBI

Responding to an RTI inquiry from Mumbai-based activist RBI denied having information with it.

24 Jan 2017 1:01 PM IST

Digital payments by mobile wallets bring in convenience with a few clicks, tendering exact change, and so on.

Govt considering regulator for electronic payments

The Watal Committee in its report weighed two options on how best regulation of electronic payments can be made...

23 Jan 2017 2:12 PM IST

Prime Minister Narendra Modi (Photo: PTI)

Dilli Ka Babu: On the fast track

A three-member selection panel headed by Cabinet secretary P.K. Sinha has shortlisted 30 applicants.

22 Jan 2017 5:09 AM IST

The entire racket was being run with an attempt to convert the black money in old notes into white. (Photo: PTI)

Allowing more time to deposit old noted against demonetisation goal:...

SC had asked the government to consider creating a window for people with legitimate reasons to deposit scrapped notes.

17 July 2017 9:06 PM IST

24 per cent higher allocation for agriculture, Rs 1 lakh crore hike in credit target.

Govt must act as fall in prices hurts farmers

The Centre's silence is alarming, specially since the government expects the farmer's income to double by 2022.

15 July 2017 2:13 AM IST

Shobana Kamineni (Photo: Sondeep Shankar)

Domestic demand is recovering, says Shobana Kamineni

The impact of demonetisation has waned off as money is now freely available for transactions, says Shobana Kamineni.

9 May 2017 12:30 AM IST

Bank customers across the nation have complained that several banks are refusing to accept more than the said amount despite providing detailed explanations. (Photo: PTI/File)

Additional 11 batches to transfer funds via NEFT from July 10

Total number of half hourly settlement batches during the day will increase to 23.

8 May 2017 8:29 PM IST

RBI governor Urjit Patel

RBI to target inflation of 4 per cent under Urjit Patel

Under RBI governor RBI is adopting a narrower reading of its mandate than markets.

8 May 2017 8:59 AM IST

President Pranab Mukherjee (Photo: PTI)

President Mukherjee clears ordinance on Non-Performing Assets

Ordinance will give greater powers to the Reserve Bank of India to tackle mounting bad loans

5 May 2017 10:06 AM IST

Bank customers across the nation have complained that several banks are refusing to accept more than the said amount despite providing detailed explanations. (Photo: PTI/File)

Cabinet clears ordinance to amend Banking Act to tackle NPAs

Amendment will empower the RBI to issue direction to banks to recover non-performing assets (NPAs) from loan defaulters.

4 May 2017 10:58 AM IST

Reserve Bank of India

RBI to hold key rate next month; cut 25 bps in August

A rate cut would help attract foreign portfolio investors (FPI) in equity flows by supporting growth.

3 May 2017 2:48 PM IST

The Reserve Bank of India governor said employees are working round the clock except on Sundays to count the currency notes which returned to the central bank.

RBI cut holidays to count notes

Besides Saturdays, many other holidays have also been suspended in order to complete the mammoth task.

13 July 2017 4:42 AM IST