Reserve Bank of India
Central banking institution of India
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'COVID-19 is worst health and economic crisis in last 100 years': RBI Governor
Credit: ANI Duration: 01:33Published
Equity indices in red after RBI rate cut, banking stocks down as loan moratorium extended
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Equity indices flat ahead of RBI Governor's press meet
Credit: ANI Duration: 01:01Published
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RBI may need to choose between FX, bond interventions in second half - economistsThe Reserve Bank of India's interventions in the foreign exchange market have helped reserves climb to a record $501.7 billion in early June, but economists say the pace of increase is likely to taper..
New proposal to ban crypto in IndiaIndia intends to completely ban cryptocurrency, according to a senior government source. In March, the Supreme Court of India cancelled an order from the Reserve Bank of India prohibiting financial..
India sets out proposals for tighter governance at banksThe Reserve Bank of India (RBI) proposed on Thursday stricter governance rules for commercial banks, following a series of financial and governance problems at lenders in recent months.
Indian carmakers offer teaser loans as RBI softens stance, sources sayMaruti Suzuki, Hyundai and Mercedes Benz are offering Indian car buyers "teaser loans", a move that sources said followed a softening of the central bank's stance due to a coronavirus-induced economic..
RBI cuts rates again in off-cycle meeting to soften virus blowThe Reserve Bank of India on Friday slashed its key policy rate for a second time this year in an emergency meeting to counter the impact from a two-month long lockdown to contain the spread of the..
Sensex, Nifty slide as RBI loan relief hits banksIndian shares slid on Friday, as banks suffered following the central bank's decision to cut policy rates and extend a relief period for loan repayments by borrowers in an effort to contain the..
Expert views: RBI cuts rates again to cushion virus impactThe Reserve Bank of India (RBI) on Friday slashed its key policy rate for a second time this year in an emergency meeting to counter the economic fallout from an ongoing nationwide lockdown to contain..
Expert views: RBI unexpectedly slashes repo rate by 40 bpsThe Reserve Bank of India (RBI) on Friday unexpectedly slashed its key policy rate for a second time this year, in a move to counter the economic fallout from an ongoing nationwide lockdown to contain..
Sensex, Nifty slip after surprise RBI rate cut; Sino-U.S. tensions weighIndian shares fell on Friday, led by banking stocks, after the country's central bank cut its policy rate and extended a moratorium period for bank borrowers, while escalating U.S.-China tensions also..
Raghuram Rajan says migrant workers need money for vegetables, cooking oil, shelter; foodgrains not enoughCalling India's Rs 20.9 lakh crore stimulus inadequate in providing for recovery of an economy pummelled by COVID-19, former RBI Governor Raghuram Rajan has said the package gives free foodgrains but..
RBI may need to aggressively cut rates alongside fiscal stimulus - economistsThe Indian government's frugal economic stimulus package has put pressure on the Reserve Bank of India to intervene, as analysts and economists say measures announced so far are unlikely to have any..
PM Narendra Modi raises stimulus size to 10% of GDPPM Modi said a package, which includes measures already announced by the RBI and the finance ministry, would be equal to 10% of the country’s gross domestic product (GDP). The RBI had announced..
PM Modi announces Rs 20 lakh crore special economic packagePrime Minister Narendra Modi announced a special economic package, and said the recent decisions by the government, the decisions by the RBI combined with Tuesday's financial package announcement come..
PAC will examine lockdown's economic impact; may call RBI governor: Adhir Chowdhury
Why EMI moratorium not applicable to interest, SC asks RBI
RBI should ask banks to show unrecovered loans of fugitives as 'outstanding', says Chidambaram
Bank employees with disabilities allowed “special leave without loss of pay” during lockdownThe department of financial services of the ministry of finance has issued an advisory to all public sector banks and insurance companies to treat absence of employees with disabilities during the..
Lockdown needs to be lifted in 'measured' way, but 'as fast as possible': Former RBI governor Raghuram RajanHowever, he pointed out that certain precautionary measures need to be established after the lockdown is lifted.
CPM slams govt for RBI loan write-offs, says Modi has money for Mehul Choksi but not for India’s poor
Franklin Templeton impact: RBI announces Rs 50,000 cr special liquidity facility for mutual fundsThe Reserve Bank of India (RBI) on Monday announced a Rs 50,000 crore special liquidity facility for mutual fund, days after Franklin Templeton Mutual Fund decided to close six debt schemes. . @RBI..
RBI should have put money into people's pocket: Congress
RBI measures will maintain adequate liquidity in system, boost economic recovery: Rajnath Singh
RBI measures will help protect livelihoods of people: JP Nadda
Disappointed with RBI announcements, need more measures to help poor: CongressCongress said the government should take more measures to mitigate the problems of the poor people suffering due to the coronavirus-induced lockdown. Senior Congress leader Ajay Maken claimed the..
Coronavirus in India LIVE updates: RBI Governor Shaktikanta Das addresses mediaHere are the LIVE updates from Friday, 17 April 2020
Covid-19: Allow states to directly borrow from RBI, says Kerala FM Thomas IsaacAs states scramble to raise funds to fight the coronavirus pandemic, Kerala Finance Minister Thomas Isaac has urged the Centre to liberalise its fiscal policy by printing more currency and allowing..
RBI Governor to Address Media Day After Centre's Rs 1.7 Lakh Crore Coronavirus Relief PackageNew Delhi: Reserve Bank of India (RBI) Governor Shaktikanta Das will address a press conference on Friday, a day after the Centre announced a Rs 1.7 lakh crore economic package for the country’s poor..
Yes Bank customers can now withdraw money from ATMs using debit cardsThe Reserve Bank of India has restricted the withdrawal limit to Rs 50,000 per account for till April 3, 2019 for Yes Bank customers.
Concern over Lord Jagannath's Rs 545 crore in Yes BankDevotees of Lord Jagannath and priests at the centuries-old temple in Puri are worried following RBI restrictions on Yes Bank where Rs 545 crore is deposited in the deity's name.
Yes Bank shares tank 50% after RBI caps withdrawal limits to Rs 50,000Beleaguered Yes Bank’s share prices dropped 50% on Friday after the RBI capped withdrawal limits to Rs 50,000 last night. At 11:00 AM the stock was trading at Rs 18.40, down by half on the NSE. In a..
Supreme Court of India quashes RBI ban on cryptocurrencyThe quashing of RBI ban on cryptocurrency by the Supreme Court of India has bought cheers to the country’s crypto community. In the much-awaited hearing scheduled on Wednesday, the SC struck down the..
Top News of the Day, Feb 6, 2020: PM Modi's reply in Parliament, RBI's monetary policy and moreIn top news of the day, Prime Minister Narendra Modi launched an all-out attack on the opposition as he replied to a debate on Motion of Thanks to the President's Address in Parliament. In another..
RBI Assistant Recruitment 2019: Last date for registration process today, apply @ rbi.org.inThe official notification released by RBI stated that there are as many as 926 vacancies across various branches for the post of Assistant in the Reserve Bank of India.
Indian Supreme Court Resumes Hearing Crypto Case in DetailAdvertisment India’s supreme court spent all day hearing arguments against the crypto banking ban by the Reserve Bank of India (RBI) on Wednesday. The counsel for the Internet and Mobile Association..
BJP MP seeks to calm depositors after RBI imposes curbs on Bengaluru Co-operative bankDays after the Reserve Bank of India (RBI) capped the withdrawal limit of Sri Guru Raghavendra Co-operative Bank to Rs 35,000, BJP MP Tejasvi Surya on Monday reassured account holders and said finance..
Raghuram Rajan backs Deepika Padukone's silent protest, EC Lavasa's impartial dutyBacking Deepika Padukone, former RBI governor Raghuram Rajan said the actress' silent protest against JNU violence as also Election Commissioner Ashok Lavasa doing his duty impartially despite..
India’s aim to become $5trillion economy by 2025 is impossible, former RBI governor Rangarajan saysIndia’s aim to become a $5 trillion economy by 2025 is not possible with the current economic growth rate, former Reserve Bank of India governor and former chairman of Prime Minister’s Economic..
Mobile Aided Note Identifier app launched by RBI to help the visually challenged identify currency notesTechnological progress has opened up new opportunities for making Indian banknotes more accessible for the visually challenged, which will help them avail day-to-day transactions.
PMC Bank depositors detained while protesting outside CM Thackeray's houseThe depositors also held protests outside Reserve Bank of India (RBI)'s office in Mumbai, where people especially women were heard sloganeering- "We Want Justice" and were holding placards with Hindi..
Highways ministry urges RBI to exempt FASTags from KYC normCurrently, vehicle owners need to give details of the vehicle, including its registration proof, and also relevant documents for individual identity and address to acquire FASTags. This process takes..
SC to consider according hearing in January on plea seeking stay on electoral bond schemeA bench, comprising Chief Justice S A Bobde and Justices B R Gavai and Surya Kant, was told by lawyer Prashant Bhushan that around Rs 6,000 crore had been collected under the scheme, which have been..
As High Court clears the way, Kerala to get its own bank soonEarlier, the Reserve Bank of India (RBI) too had expressed its approval for the setting up of the Kerala Bank, asserting that it would be the largest banking network across the state.
Electoral bonds have made corruption official: Congress in Lok SabhaRaising the issue during Zero Hour, Manish Tewari said despite reservations expressed by the Reserve Bank of India and the Election Commission, the government went ahead with the scheme. Congress..
Cong says govt overruled RBI to introduce electoral bonds, wants scheme scrapped
Congress slams government, says 'electoral bonds must be scrapped'The Congress on Monday alleged that the Modi government had overruled the RBI to introduce electoral bonds to enable "black money to enter the BJP coffers" and demanded that the scheme be scrapped..
Raghuram Rajan should join politics, Anurag Thakur hits out at RBI governor
PMC Bank Case: Former chairman Waryam Singh, HDIL directors sent to police custody till October 16Last month, the RBI restricted the activities of the PMC Bank for six months and asked it to not grant or renew any loans and advances
Majoritarianism taking India down ‘dark and uncertain path’: RajanThe former RBI head also made a dark prognosis for the economy, stating in a recent lecture that the government’s economic performance is not sustainable and that there is a risk of the country going..
RBI officer grade B recruitment 2019: Check exam date, syllabus, paper patternRBI officer grade B recruitment 2019: The Reserve Bank of India (RBI) released the dates for the officer grade B recruitment examinations. The officer grade B examination will be conducted on November..
Gurudwaras worry over funds locked in PMC BankThe curb on withdrawal has been imposed by the Reserve Bank of India (RBI) after the fraud came to light.