The reverse repo rate was also raised by 25 basis points, to 6.00 percent.
Jun 6, 2018
The government has already cautioned the public over cryptocurrencies, and the RBI has declared that it does not consider bitcoins and others as legal tender.
Apr 9, 2018
The Reserve Bank of India has banned all financial firms from dealing with or providing services to any individuals or business entities dealing with or settling virtual currencies.
Apr 9, 2018
If introduced, Lakshmi would run on an implementation of the blockchain technology, which is the backbone of digital currencies like bitcoins.
Apr 6, 2018
'Sourcing of trade funding has already become difficult for players in the gems and jewelry segment'
Mar 14, 2018
Should regulatory crackdown deter you from investing in cryptocurrencies, possibly the most fundamental and revolutionizing invention of our times?
Mar 5, 2018
The strong economic growth puts spotlight on the Reserve Bank of India ahead of interest rates review on April 5.
Mar 1, 2018
Consumer price index rose 5.07 percent in January from a year earlier.
Feb 13, 2018
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.
Feb 12, 2018
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.
Feb 9, 2018
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.
Feb 8, 2018
The Reserve Bank of India also kept the reverse repo rate unchanged at 5.75 percent.
Feb 7, 2018
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
1 day ago