Reserve Bank of India (RBI)

RBI turns 85: Here's a look at its roller coaster ride over the years

The RBI was set up on April 1, 1935, by the British to settle the issue of Remittance between the UK government and its officers serving in India. Here are some events over the years.

Apr 1, 2020

Respite on EMI payments: Here's how deferring your installment re-payment will cost you dearly

Deferment in paying the EMI installments for the coming three months will put up an additional burden on the total loan amount.

Apr 1, 2020

small savings mof post office ppf nsc kvp banks recurring deposit scheme senior citizens budget 2017

Government steeply slashes interest rate for small saving schemes, PPF to give 7.1% return

It is to be noted that the interest rates were last revised in July 2019 excluding post office savings account by 10 bps.

Apr 1, 2020

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Indian economy gets corona: Moody's slashes India's GDP growth to 2.5% from 5.3%

The coronavirus outbreak has badly impacted every section of the economy which in turn will affect India's GDP growth in coming months.

Mar 27, 2020

Will RBI's massive repo rate cut and Rs 3.74 lakh cr liquidity push help economic revival?

Amidst the coronavirus scare and economic slump witnessed in the recent days, an announcement by RBI governor Shaktikanta Das brings little relief and hope in times of gloom.

Mar 27, 2020

Coronavirus: RBI issues advisory, asks banks to encourage use of digital banking among customers

In the wake of the novel coronavirus outbreak in the India, the RBI has directed a few operational guidelines to banks across the country.

Mar 16, 2020

Good news for depositors as Moratorium on Yes Bank to be removed on March 18

On March 5, the Reserve Bank of India superseded the board of Yes Bank after it was unable to raise fresh capital.

Mar 14, 2020

Deposited money is safe: RBI asks state government to stop withdrawals from private banks

The trigger of such heavy withdrawal is believed to be the Yes Bank crisis that was superseded by the RBI placed restrictions on withdrawals.

Mar 13, 2020

Coronavirus scares: Contingency planning on top of the agenda for global financial firms

Large financial institutions and corporates are ramping up their contingency planning efforts to combat the spread of coronavirus amongst its staffers, which include telling them to self-quarantine for 14 days if exposed to someone suffering from the virus, deep cleaning of offices and splitting operations such that some staff can work-from-home in affected regions.

Mar 12, 2020

Have an account with Yes Bank? Here's what you can do

Retail depositors with their money with Yes Bank across the country are in a state of panic and have been withdrawing money as much as they can.

Mar 6, 2020

Huge volatility on Dalal Street as coronavirus reaches India

Last day at the Dalal street witnessed huge volatility in benchmark indices as cases of Coronavirus confirmed across three cities in India.

Mar 3, 2020

Bank employees' unions to call for a nationwide three-day strike from March 11 to 13

The bank employees' unions have warned to go on a three-day strike from March 11 to 13 and an indefinite strike from April 1, if their wage demands go unmet.

Feb 28, 2020

india news, india consumer inflation, india factory output, demonetisation, cash crunch, pm modi

Double trouble for economy: Factory output contracts, retail inflation jumps to six-year high

The jump in inflation in a likely indication for the Reserve Bank of India (RBI) to stop easing credit rates in the country's financial market.

Feb 13, 2020

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As retail inflation soars high, RBI likely to put hold on rate cuts

Economists say that rising headline and food inflation would soon feed into core inflation - stripping out food and fuel prices.

Jan 14, 2020

RBI curbs Bengaluru private bank from doing business for alleged irregularities

RBI has clarified that its directive should not be construed as a cancellation of the bank's license issued by it.

Jan 12, 2020

Govt mulls over cutting spending to curb deficit; may hurt growth

Asia's third-largest economy, which is growing at its slowest pace in over six years because of lack of private investment, could be hurt further if the government cuts spending.

Jan 7, 2020

nse at alltime high, nse at historic high, nse at lifetime high, nse crosses 9400, sensex at lifetime high, sensex at new high, imd predicts normal rainfall

Market outlook: RBI's 'operation twist', Jharkhand results to sway indices

Investor sentiments will be swayed by derivatives expiry and rupee's strength against the US dollar.

Dec 22, 2019

Day after Amit Shah showered praises on Sitharaman, IMF signals slashing India's growth estimates

The statement from the IMF has come at a time when Home Minister Amit Shah finally admitting that the country is facing a slowdown because of the conditions in the global economy.

Dec 18, 2019

Why is Yes Bank board wary of tycoon who wouldn't invest if it was 'No Bank'?

The past of the Canadian who made the $1.2-billion bid for Yes Bank controlling stake is so mysterious with vastly contrasting narratives that Netflix wants to tell his story.

Dec 11, 2019

Ticking time bomb? Rajan warns of crisis in realty, infrastructure segments

The former RBI governor said real estate, construction and infrastructure sectors are in deep trouble amid the growth recession of low economic expansion and growing unemployment.

Dec 8, 2019

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Reserve Bank of India (RBI)

RBI turns 85: Here's a look at its roller coaster ride over the years

Respite on EMI payments: Here's how deferring your installment re-payment will cost you dearly

Government steeply slashes interest rate for small saving schemes, PPF to give 7.1% return

Indian economy gets corona: Moody's slashes India's GDP growth to 2.5% from 5.3%

Will RBI's massive repo rate cut and Rs 3.74 lakh cr liquidity push help economic revival?

Coronavirus: RBI issues advisory, asks banks to encourage use of digital banking among customers

Good news for depositors as Moratorium on Yes Bank to be removed on March 18

Deposited money is safe: RBI asks state government to stop withdrawals from private banks

Coronavirus scares: Contingency planning on top of the agenda for global financial firms

Have an account with Yes Bank? Here's what you can do

Huge volatility on Dalal Street as coronavirus reaches India

Bank employees' unions to call for a nationwide three-day strike from March 11 to 13

Double trouble for economy: Factory output contracts, retail inflation jumps to six-year high

As retail inflation soars high, RBI likely to put hold on rate cuts

RBI curbs Bengaluru private bank from doing business for alleged irregularities

Govt mulls over cutting spending to curb deficit; may hurt growth

Market outlook: RBI's 'operation twist', Jharkhand results to sway indices

Day after Amit Shah showered praises on Sitharaman, IMF signals slashing India's growth estimates

Why is Yes Bank board wary of tycoon who wouldn't invest if it was 'No Bank'?

Ticking time bomb? Rajan warns of crisis in realty, infrastructure segments

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]

Is exhibiting cleavage mandatory? Malaika Arora opts for low neck sleeveless outfit at event in Vrindavan, leaves netizens furious