• 

  Real GDP likely to decline by 9.5% in FY 2021: RBI

  News | October 09, 2020 16:48 IST

  The Governor of Reserve Bank of India (RBI), Shaktikanta Das on October 09 announced that Gross Domestic Product (GDP) is expected to decline by 9.5% in 2021.

• 

  RTGS money transfer to be available 24X7 from December

  Business | October 09, 2020 12:15 IST

  In December 2019, the National Electronic Funds Transfer (NEFT) system was made available on a 24x7x365 basis.

• 

  RBI's next monetary policy panel meeting from Oct 7-9 as Centre appoints external members

  Business | October 06, 2020 13:16 IST

  The Reserve Bank of India will announce the monetary policy on October 9 as the Monetary Policy Committee (MPC) will meet during October 7-9.

• 

  House price index rises 2.8 per cent on annual basis: RBI

  Business | September 30, 2020 17:26 IST

  The all-India House Price Index (HPI) rose 2.8 per cent in the first quarter of the current financial year on an annual basis, according to data released by the Reserve Bank of India. 

• 

  India's current account surplus rises to USD 19.8 billion in June quarter

  Business | September 30, 2020 14:44 IST

  According to Reserve Bank of India's data on India's Balance of Payments (BoP), a year-on-year basis the Q1FY21 surplus stood at $19.8 billion from a deficit of $15 billion reported for the corresponding period of the previous fiscal.

• 

  Debit Card, Credit Card new rules come into force from October 1. All you need to know

  Fyi | September 29, 2020 22:06 IST

  In an attempt to make online and card payments more secure, the Reserve Bank of India (RBI) has issued new guidelines for banks, cardholders that will be effective from October 1, 2020.

• 

  RBI's role in Dhanlaxmi Bank Board should be reviewed: AIBEA

  Business | September 27, 2020 13:57 IST

  The role of Reserve Bank of India (RBI) in the Board of Directors of Dhanlaxmi Bank (originally Dhanalakshmi Bank) should be reviewed, said a top official of the largest union in the banking sector.

• 

  RBI announces OMO for sale, purchase of govt securities of Rs 10,000 crore

  Business | September 07, 2020 15:58 IST

  The Reserve Bank of India (RBI) on Monday announced that it will conduct simultaneous purchase and sale of government securities under the Open Market Operation (OMO) for Rs 10,000 crore each on September 10, the central bank said.

• 

  Loan moratorium period extendable by 2 years: Centre tells SC

  Business | September 01, 2020 12:05 IST

  The Centre and RBI on Tuesday told the Supreme Court that the moratorium period on repayment of loans amid the COVID-19 pandemic is “extendable” by two years.

• 

  RBI announces steps to ease pressure on liquidity: All you need to know

  Business | August 31, 2020 17:27 IST

  RBI has announced term repo operations totalling Rs 1 lakh crore in mid-September to ease pressure on the liquidity and maintain congenial financial conditions with a view to ensuring sustainable recovery of economic growth.

• 

  RBI unlikely to extend EMI moratorium on repayment of loans beyond August 31. Know why

  Business | August 30, 2020 11:23 IST

  EMI Moratorium: The six-month moratorium period comes to an end on August 31. Several bankers had asked RBI Governor Shaktikanta Das not to extend the moratorium as many are taking undue advantage of the facility

Advertisement
• 

  Total bank frauds rise more than double to ₹1.85 trillion in FY20: RBI

  Business | August 26, 2020 22:34 IST

  The annual report of Reserve Bank of India showed that the banks frauds of ₹100,000 and above have more than doubled in value to ₹1.85 trillion in FY20, with the number of such cases increasing 28% in the same period.

• 

  RBI announces special OMO of purchase, sale of govt securities worth Rs 20,000 crore

  Business | August 25, 2020 10:57 IST

  The Reserve Bank of India (RBI) on Tuesday announced that it will again conduct simultaneous purchase and sale of government securities under the open market operation (OMO) for Rs 20,000 crore in two tranches of Rs 10,000 crore each. The auctions will be conducted on August 27 and September 3.

• 

  RBI Board approves transfer of Rs 57,128 crore as surplus to govt

  Business | August 14, 2020 17:27 IST

  The decision was taken at the 584th meeting of the Central Board of the Reserve Bank of India chaired by Governor Shaktikanta Das.

• 

  For year 2020-21, GDP growth is estimated to be negative: RBI Governor

  News | August 06, 2020 16:35 IST

  Reserve Bank of India (RBI) Governor Shaktikanta Das briefed mediapersons on Aug 06.

• 

  RBI leaves repo rate unchanged at 4%

  Business | August 06, 2020 12:41 IST

  Reserve Bank of India has kept the repo rate unchanged at 4 per cent. Governor Shashikanta Das announced this during his press conference.

• 

  Inflation to remain elevated in Q2FY21, says RBI Governor Shaktikanta Das

  Business | August 06, 2020 13:03 IST

  Reserve Bank of India (RBI) Governor Shaktikanta Das addressed a press conference at 12 noon today. This was the 24th meeting of the MPC. Besides, the central bank also issued directions regarding the loan moratorium which is coming to an end on August 31 amid bankers opposing the further extension of this facility on concerns over its misuse.

• 

  RBI may go for status quo; announce other measures to boost growth

  Business | August 05, 2020 21:35 IST

  The RBI may refrain from cutting the benchmark lending rate on Thursday but can announce other measures like restructuring of loans amid the urgency to revive the coronavirus-hit economy, experts said.

• 

  Sashidhar Jagdishan set to become HDFC Bank new CEO, Aditya Puri's successor

  Business | August 04, 2020 11:59 IST

  Sashidhar Jagdishan is set to replace Aditya Puri as HDFC Bank CEO after the Reserve Bank of India approved his name. Sashidhar Jagdishan is currently the additional director of HDFC Bank and has been associated with it for over 30 years.

• 

  RBI likely to leave repo rate unchanged in August policy meet: Report

  Business | July 31, 2020 12:13 IST

  The Reserve Bank of India is likely to leave repo rate unchanged in the upcoming policy review meeting and the Monetary Policy Committee may look for "unconventional policy measures" to ensure financial stability, says a report.