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RBI governor Urjit Patel

Farm loan waivers risk fiscal slippages, inflation: RBI

About 1.07 crore farmers with less than five acres of land would be eligible for it.

7 Jun 2017 4:17 PM IST

RBI governor Urjit Patel

RBI may hold repo rate on below forecasts inflation

Reuters poll showed 56 of 60 analysts expected MPC to keep repo rate unchanged at 6.25 per cent.

7 Jun 2017 9:27 AM IST

Reserve Bank of India

RBI might slash repo rate by 25bps:BofAML

BofAML believes a good monsoon might mean a 25bps slash in repo rate by the RBI.

6 Jun 2017 4:34 PM IST

Higher opening in the domestic equity market influenced the rupee uptrend.

Rupee reference rate fixed at 64.3516 against dollar

RBI sets reference rate of the rupee at 64.3516 against the US dollar and 72.5178 for the euro.

6 Jun 2017 3:31 PM IST

Its been 22 years since its printing was discontinued, but the Rs 1 note seems set to make a comeback now.

Reintroduction of Rs 1 notes

We get celebrities to give their take on a current issue each week and lend their perspective to a much-discussed topic.

4 Jun 2017 12:12 AM IST

Officials with the seized demonetised currency.

Man held with banned notes worth Rs 1.70 crore

The police has remanded him in police custody till Thursday and will transfer the case to the IT department after the...

4 April 2017 7:27 AM IST

Police personnel display seized old currency notes of 1000 and 500 at Kherwadi police station in Mumbai. (Photo: AP)

Cops smell a plot in seizure of notes

Believe note's owners may have tipped off about notes in bid to retrieve currency later.

4 April 2017 7:23 AM IST

According to IFA Global, a forex and treasury solution firm, the Indian rupee is the third best performing Asian currencies this year, up 4.63 per cent in the March quarter, its best quarterly gains since September 2012.

Rupee unlikely to rally further

The Indian rupee closed at 64.85 per dollar on Friday, its highest level since October 2015.

3 April 2017 1:29 AM IST

The survey said the problem has continued to fester as Non-Performing Assets (NPAs) of the banking system (especially public sector banks) keep increasing, while credit and investment keep falling.

NPA resolution: PMO to review progress on June 19

Banking sector is saddled with NPAs of over Rs 8 lakh crore, of which Rs 6 lakh crore is on the books of PSBs.

17 Jun 2017 12:47 PM IST

Reserve Bank of India. (Photo: PTI)

Will new mechanism on banks' bad debts work?

A huge pileup of stressed assets couldn't have happened overnight: it was obviously building up over years.

16 Jun 2017 2:17 AM IST

For the fiscal ended March 2017, the bank reported a net loss of Rs 2,439 crore, against a loss of Rs 1,418 crore in 2015-16.

Central Bank shares down 4 pc after RBI move

Net non-performing assets also jumped to 10.20 per cent of net advances for the fiscal from 7.36 per cent year ago.

15 Jun 2017 1:04 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.

Bankers hail RBI move to name top dud loans

Total NPAs stand at over Rs 8 trillion of which Rs 6 trillion are with public sector banks.

15 Jun 2017 9:42 AM IST