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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.

How RBI, banks will tackle Rs 6 lakh crore NPAs

Amendments will give RBI powers to directly interven in the issue and instruct banks for speedy redressal.

4 May 2017 4:53 PM IST

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Retail inflation may rise due to fading demonetisation impact

Consumer inflation may see an uptick at 5.5-6 per cent in the fourth quarter of 2017

4 May 2017 2:11 PM IST

People, who were not able to get their invalid notes exchanged with new currency notes, showing their passports outside RBI in Kolkata on Friday. The deadline for the exchange by residents who were abroad during cash ban ends today. (Photo: PTI)

RBI stops exchange of old notes for Indians abroad, many fail to...

People had to travel long distances due to limitation of designated branches to deposit scrapped currency notes.

31 March 2017 7:37 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.

RBI to extend deadline for asset review

The government had in November banned high value notes, which accounted for 86 per cent of the entire currency in...

30 Jan 2017 6:44 AM IST

On Friday, the Indian rupee closed at 68.47 to the dollar after hitting a record low of 68.86 in intra-day trade on Thursday.

RBI may reopen deposit window for old notes

Decision was being considered as central bank has received querries on certain notes that were not deposited on last...

26 Jan 2017 5:17 PM IST

The fact is that a cache of cyber weapons was said to have been stolen from the NSA by the same collective behind the WannaCry ransomware that created the biggest-ever extortion racket to hit the Internet.

IT Ministry contacts RBI, others against Wanna Cry

Wanna Cry ransomware has wrecked havoc across sectors like healthcare and telecoms in more than 100 countries.

15 May 2017 11:28 AM IST

Reserve Bank Governor Urjit Patel

Banks won't bear loss due to negligence: RBI

Unauthorised transaction must be notified within 3 days.

7 July 2017 12:55 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)

Fin Min calls banks to discuss new facility to drain cash

Standing Deposit Facility aims to drain surplus cash at a rate lower than repo rate without need for any collateral.

23 March 2017 12:48 PM 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)

How govt is trying to tackle $133 billion bad loans

RBI deupty governor moots 'bad bank'-type institutions to deal with $133 bn in stressed assets of banks.

1 March 2017 11:43 AM IST

New Rs 20 notes are on anvil.

Rs 20 notes in Mahatma Gandhi series to be out soon

New notes will be bearing inset letter 'S' in number panel and signature of Governor Urjit R Patel.

19 July 2017 6:31 PM IST

Cash recovered by Income Tax department from a bank locker in Pune. (Photo: PTI)

RBI bars use of colour-stained notes on Holi

Central bank directs public sector banks not to accept Rs 2,000 and Rs 500 notes if they come with colour blots.

9 March 2017 3:53 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.

RBI to unveil framework on NPAs ordinance in 15 days

Framework would include creation of a separate cell to identify issues pertaining to NPAs.

22 May 2017 3:28 PM IST