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BJP MP Kirit Somaiya (Photo: PTI)

Bandra bank has over 4,500 benami accounts: Kirit Somaiya

Kirit Somaiya has requested RBI governor Urjit Patel to investigate transactions at a Mumbai-based cooperative bank.

30 Dec 2016 2:09 AM IST

Naik had the money in demonetised notes and wanted to get it exchanged.

Govt drops jail term for holding more than 10 old notes

Govt made a U-turn on 4-year jail term but will continue with the plan to impose a fine of up to Rs 50,000 for holding...

29 Dec 2016 7:14 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.

Can't reveal reason behind note ban: RBI

The monetary policy regulator also refused to give any details about the time it will take to replenish the currency...

29 Dec 2016 4:42 PM IST

Finance Minister Arun Jaitley and RBI Governor Urjit Patel during the customary post- budget meeting in New Delhi on Saturday. (Photo: PTI)

Arun Jaitley, Urjit Patel hold talks on how to end NPAs

Setting up of a bad bank to hold such loans seemed not on top of alternatives of policy makers.

11 March 2017 12:45 PM IST

RBI governor Urjit patel

RBI chief faces saffron rage on loan waiver

Chief of BJP farmers' wing says 95 per cent of farm loans have been repaid.

8 April 2017 2:57 AM IST

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

Waiting for the monsoon

Monetary Policy Committee headed by RBI governor Urjit Patel raised the projected growth estimate for 2017-18 to 7.4 per...

7 April 2017 2:24 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 fears inflation overshooting target

MPC has projected that the average headline inflation will rise to 4.5 per cent in the first half of the current...

6 April 2017 8:23 PM IST

RBI Governor Urjit Patel. (Photo: PTI)

Urjit Patel says still more scope for banks to cut lending rates

Lack of transmission has been one of the dominant worries expressed by RBI during the past two years

6 April 2017 7:50 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RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.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 to soon issue final guidelines on MDR charges

Reserve Bank issued a draft circular on 'Rationalisation of MDR for Debit Card Transactions' on February 16.

6 April 2017 6:19 PM IST

Reserve Bank Governor Urjit Patel

Urjit patel calls Jaitley before monetary policy review

The resolution of the MPC will be placed on the website in the afternoon of June 7.

2 Jun 2017 6:27 PM IST

Economic growth will see 'V' shape recovery: Patel

RBI last week lowered GDP growth to 6.9 per cent from previously projected 7.1 per cent.

17 Feb 2017 12:32 PM IST

RBI Governor Urjit Patel. (Photo: PTI)

Urjit patel says looking beyond muted headline inflation: report

Falling food prices helped cool India's consumer inflation rate to 3.17 per cent in January year-on-year.

17 Feb 2017 11:06 AM IST