Consumer price index rose 5.07 percent in January from a year earlier.
10 days ago
SBI on Friday said an audit by the Reserve Bank of India showed bad loans was about Rs 23,239 crore higher than what it reported earlier.
11 days ago
The hike in lending rates comes just days after the Reserve Bank of India left its key policy rate unchanged to "carefully" nurture economic growth.
14 days ago
From the language of this policy, market experts believe that the central bank will hold interest rates at least at the next two monetary policy committee meetings.
15 days ago
The Reserve Bank of India also kept the reverse repo rate unchanged at 5.75 percent.
16 days ago
All the 14 designs of Rs 10 coin are valid and legal tender for transactions, the Reserve Bank India (RBI) said.
Jan 17, 2018
The new denomination has motif of Sun Temple, Konark on the reverse, depicting the country's cultural heritage.
Jan 5, 2018
India's non-performing assets (NPAs) are one of the highest in the group of 'high-NPA' nations. Only four European nations have higher stressed assets.
Dec 28, 2017
The monetary policy committee (MPC) members are concerned about rising crude oil prices, fiscal slippage for the ongoing financial year and rising inflationary expectations of households.
Dec 21, 2017
The new rates will be effective from 1st January 2018.
Dec 7, 2017
Following the decision, the benchmark repo rate stands at 6 percent, and the reverse repo rate remains unchanged at 5.75 percent and the central bank maintained a neutral policy stance.
Dec 6, 2017
Goyal explained that the RBI's consumer price index (CPI) forecasts are wrong. She further said that the central bank's stance to keep interest rates high to keep inflation under control also didn't pay off.
Dec 4, 2017
According to a Union finance ministry official, March 31 may be the deadline given to commercial banks to find a solution or initiate bankruptcy proceedings against the borrowers.
Nov 28, 2017
According to rules, banks need to do 50 percent provisioning against secured loans it has provided and 100 percent when it comes to unsecured exposures.
Nov 21, 2017
The RBI has been asked if it can pay a special dividend, apart from the yearly surplus that it pays the Centre.
Nov 15, 2017
Islamic or Sharia banking is a system of finance in which interest is not charged.
Nov 12, 2017
The pile-up of old Rs 500 and Rs 1,000 notes, returned after demonetisation, have blocked most of the space in RBI vaults and currency chests.
Nov 9, 2017
If your bank has been threatening to suspend your bank account for not linking it with Aadhaar, here is what you need to know.
Oct 20, 2017
The notification is a precursor to the guidelines the apex bank is likely to lay down soon for the regulation of P2P lending in India.
Sep 20, 2017
RBI in the annual report 2016-17, stated that Rs 15.28 lakh crore, or 99% of the demonetised notes have returned to the banking system.
Sep 11, 2017
Jul 26, 2017