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Reserve Bank of India

Govt slugfest with RBI finally ends in a draw

The RBI has sensibly shown selective flexibility to soothe angry government voices.

22 Nov 2018 6:39 AM IST

Raghuram Rajan had cautioned the government that short-term costs of a radical ban of high-value currency notes would outweigh the long-term benefits. (Photo: AP) (Photo: PTI)

Crack whip on fraudsters

The government's own data shows there were over 8,670 fraud cases totalling Rs 6,12,600 crores over the past five years,...

22 Nov 2018 12:05 AM IST

Reserve Bank of India

RBI moves to boost lending by Rs 3 lakh crore

Help to reduce Rs 35,000cr burden on public sector banks.

21 Nov 2018 5:05 AM IST

RBI Governor Urjit Patel, will announce the resolution of the MPC on its first bi-monthly monetary policy for financial year 2018-19 later in the day.

Win-win for govt and RBI as crisis defused

The outcome established the advisory nature of the RBI board and the independence of its governor, Urjit Patel.

21 Nov 2018 12:00 AM IST

Reserve Bank Governor Urjit Patel

RBI, govt signal truce after 9-hour meet; key issues referred to panel

Board suggests restructuring scheme for stressed assets of MSMEs.

20 Nov 2018 12:50 AM IST

RBI Governor Urjit Patel at a press conference after the monetary policy review meeting in Mumbai. (Photo: PTI)

Urjit Patel vs Modi govt: RBI board concludes marathon meet in Mumbai

There are indications that RBI may be willing to ease lending norms for MSMEs but liquidity to NBFCs remains a sticking...

19 Nov 2018 8:49 PM IST

Terming the MSME sector as the backbone of the economy, Finance Minister Arun Jaitley on Saturday said the sector would lead the current consolidation phase of the economy. (Photo: PTI)

Govt, RBI must work together, end turf war

An angry Jaitley wanted to know why the RBI had failed in its oversight duty of checking the increasing non-performing...

19 Nov 2018 12:05 AM IST

Reserve Bank of India

Pitfalls of taking on RBI

This is a pointer to the pitfalls in case the government at any time in the future decides to take on the RBI.

18 Nov 2018 12:00 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

Centre to snub RBI gov, empower board

The move is meant to empower the regulator's board, which includes government nominees, and give it a supervisory role.

17 Nov 2018 1:11 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

Centre, RBI try to bury hatchet

Consensus on easing NPA rules and lending for SMEs in the offing.

15 Nov 2018 1:02 AM IST

Subhash Chandra Garg

Govt denies eyeing RBI's Rs 3.6 lakh crore

Economic affairs secretary Subhash Chandra Garg said that the government has not asked the RBI to transfer Rs 3.6 lakh...

10 Nov 2018 1:22 AM IST

The RBI has asked Axis Banks board to re-consider the decision to re-appoint Shikha Sharma as its MD and CEO for a fourth term.

Economic misadventure

The justification about flushing out fake notes that are thought to support terrorism also proved to be too fanciful.

10 Nov 2018 1:10 AM IST