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  RBI penalises four co-operative banks for violating KYC norms

  August 17, 2016 7:07 IST

  The Reserve Bank on India (RBI) has imposed penalties of up to Rs 5 lakh on four co-operative banks for violation of norms.

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  RBI releases draft norms for CCR, exposure to CCPs

  June 23, 2016 20:45 IST

  The Reserve Bank today released draft guidelines for computing exposure for counterparty credit risk (CCR) arising from derivative transactions and capital requirements for bank exposures to central counterparties (CCPs).

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  RBI to infuse Rs 15,000-Crore liquidity into system

  May 24, 2016 9:07 IST

  Mumbai: The Reserve Bank of India will buy government bonds worth Rs 15,000 crore through open market operations (OMO) this week to infuse liquidity into the markets. Based on the current assessment of prevailing and

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  Raghuram Rajan not top-paid man at RBI, lags behind three others

  April 25, 2016 8:59 IST

  New Delhi: RBI governor Raghuram Rajan, currently in the eye of the storm over his 'one-eyed is king among blind' remark, may be the most powerful person at the central bank, but he does not

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  RBI sees retail inflation at 5%; govt pay hikes to put pressure

  April 05, 2016 14:30 IST

  The Reserve Bank today projected retail inflation to be around 5 per cent for the current fiscal, saying that the 7th Pay Commission burden could put an upward pressure of up to 1.50 per cent over two years.

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  Credit interest rate on saving a/c every quarter: RBI to banks

  March 15, 2016 16:07 IST

  Reserve Bank has asked banks to pay interest on savings banks account on quarterly basis or shorter duration, a move which will benefit crores of savings account holders.

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  IIP numbers disappointing, recovery volatile: Raghuram Rajan

  March 12, 2016 20:52 IST

  Describing the IIP numbers as “disappointing”, Reserve Bank Governor Raghuram Rajan today said the economy is recovering, but the process of recovery is volatile.

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  Bad loans: Why the call for making top bank bosses accountable deserves merit

  March 03, 2016 21:04 IST

  Chennai: Rising bad loans at government-owned banks running into several crores has caught the country's attention. The Reserve Bank has stepped in and the top court has raised some serious questions.There are two big problem

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  Markets bet big on RBI rate cut, Sensex rallies over 777 points

  March 01, 2016 16:10 IST

  New Delhi: Finance Minister Arun Jaitley's decision to stick to the fiscal deficit targets of 3.9 per cent and 3.5 per cent for this year as well as the 2016-17 financial year respectively has sent markets

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  RBI extends deadline to exchange pre-2005 notes to June 30

  December 23, 2015 22:30 IST

  Mumbai: Reserve Bank of India (RBI) on Wednesday extended the deadline for exchanging pre-2005 currency notes of various denominations, including Rs 500 and Rs 1,000, by another six months to June 30, 2016.The RBI had,

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  Why RBI staff is planning to go on a mass leave on November 19?

  November 12, 2015 17:28 IST

  Kolkata: Reserve Bank's employees have proposed one-day mass leave on November 19 to protest what they termed as the government's intention to curb the apex bank's activity and intervening into monetary policies.The United Forum of

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  Raghuram Rajan defends his speech calling for tolerance, mutual respect

  November 04, 2015 16:25 IST

  Mumbai: Reserve Bank Governor Raghuram Rajan has defended his speech that called for tolerance and mutual respect, saying India will be "crazy to lose" the biggest advantage it has to intolerance."It wasn't a speech about

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  Govt prepares a new draft bill to curtail RBI Governor's power

  October 22, 2015 10:31 IST

  New Delhi: The Narendra Modi government has prepared a draft bill proposing to curtail exclusive powers of RBI Governor in setting monetary policy.According to a NDTV report, the bill proposes a seven-member committee including four

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  India Inc hails Ubers,Olas saying they know best to use assets

  September 20, 2015 12:53 IST

  Mumbai : Even as auto makers are voicing concerns over possibility of the Ubers and the Olas eating into their business, India Inc has strongly come out supporting this new disruptive business model, hailing these

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  Raghuram Rajan leaves rates unchanged; asks banks to lower rates

  August 04, 2015 13:45 IST

  Mumbai: Reserve Bank today kept its policy rates unchanged, with Governor Raghuram Rajan saying that the headline inflation is at elevated levels and banks are yet to pass on the full benefits of previous rate

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  Indian equities rally on hopes of reforms, rate cut, cheap oil

  July 18, 2015 16:43 IST

  Mumbai:  Hopes of a rate cut by the central bank, coupled with cheaper oil and stability in international markets, buoyed Indian equity markets during the trading days ended July 17, analysts said.Even expectations of a

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  RBI working with government to penalize loan fraudsters

  June 27, 2015 22:06 IST

  New Delhi:  The Reserve Bank is working closely with the finance ministry to facilitate criminal investigations by law enforcement agencies to bring to book loan fraudsters, deputy governor R R Gandhi has said.Containing frauds means

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  State-run banks will need more capital to meet adequacy norms: RBI

  June 27, 2015 7:14 IST

  New Delhi: The Reserve Bank of India said on Friday that state-run banks are adequately capitalised, but would need additional funds to comply with international capital adequacy norms in the future."Right now the banks are

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  Now, exchange pre-2005 currency notes by December 31

  June 26, 2015 8:16 IST

  Mumbaia: Reserve Bank of India on Thursday extended the deadline for exchanging pre-2005 currency notes of various denominations, including of Rs 500 and Rs 1,000, by six months till December 31, 2015. The earlier deadline was

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  Sensex crashes 660 points; interest sensitive stocks hit

  June 02, 2015 23:37 IST

  Mumbai:  A less-than-expected easing of the monetary policy by the Reserve Bank Of India and the hawkish outlook given by it, subdued investor sentiments and led a barometer index of the Indian equities markets to