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

RBI's bi-monthly MPC meet begins, 25 bps cut in repo rate likely

The central bank is meeting on August 1 and 2, which is third such meeting this year.

1 Aug 2017 3:12 PM IST

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

RBI may bring rate cut in Dec to support growth

Note ban is expected to affect economic activity, especially consumption, supply chain and cash dependent businesses.

29 Nov 2016 12:57 PM IST

Former Finance Minister P Chidambaram

Chidambaram favours change in direct tax rates

The Former Finance Minister believes current situation also makes for a strong case for a rate cut.

28 Nov 2016 10:58 AM IST

RBI governor Urjit Patel. (Photo: PTI)

RBI taking steps to ease citizens' pain, says Urjit Patel

Patel also urged people to start using cash substitutes like debit cards and digital wallets.

28 Nov 2016 1:02 AM IST

RBI Governor Urjit Patel. (Photo: PTI)

Taking action to help honest citizens after note ban: RBI Guv

Patel said that printing presses were being made to work at full capacity to meet the demand for new notes.

27 Nov 2016 5:52 PM IST

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

RBI acts to control excess liquidity condition

Central bank introduces incremental CRR to manage excess liquidity in banks due to demonetisation.

26 Nov 2016 6:23 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

RBI Governor Urjit Patel (Photo: PTI)

Govt did not heed to our warning on note ban: RBI to PAC

Despite its own doubts, central bank approved plan to ban Rs 500 and Rs 1,000 notes under govt pressure.

21 Jan 2017 10:30 AM IST

RBI governor Urjit Patel (Photo: PTI)

No fake notes seized by CBEC till December 30: RBI

The CBEC is a part of the department of revenue under the finance ministry.

21 Jan 2017 2:44 AM 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 refrains from releasing asset liability figures

This is probably the first time, RBI has not come out with the figures for week ended June 30.

17 July 2017 6:06 PM IST

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

RBI skips disclosing balance sheet for first time

This figure is significant as it would help in estimating real impact of demonetisation on RBI's balance sheet.

17 July 2017 12:27 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