RBI

Home loans to get costlier now as SBI hikes lending rate by 0.2 percent

The rate hike by bank comes a month after the Reserve Bank of India (RBI) hiked benchmark lending rate, called repo rate, by 25 basis points to 6.5 per cent.

19 days ago

Government denies rumours of banks remaining closed for first six days in September

Rumours have been doing the rounds on social media that September may begin with a five-day bank closure in many states and banking services may be affected.

20 days ago

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Supreme Court issues notice to WhatsApp over appointment of grievance officer

Responding to the plea that sought direction to restrain WhatsApp from proceeding with its payments systems unless it fully complied with RBI's provisions, the court has sought a response from WhatsApp, Law, Finance and IT ministries.

24 days ago

Is China printing Indian currency notes? Article published in Hong Kong daily sparks debate

The article suggests that India and several other countries have allowed China's state-owned firms to print their currency.

Aug 13, 2018

Reserve Bank of India rate hike, PMI data subdue equity indices

The RBI has raised its key benchmark lending rate by 25 basis point to 6.5 percent in its third monetary policy review of 2018-19.

Aug 1, 2018

Cash-on-Delivery deals may be illegal: RBI

The RBI has noted that the CoD option is not permissible as it is not in compliance with the Payments and Settlements Systems (PSS) Act, 2007.

Jul 26, 2018

RBI raises repo rate by 25 basis points in first ever hike in over four years

The reverse repo rate was also raised by 25 basis points, to 6.00 percent.

Jun 6, 2018

RBI's cryptocurrency clampdown: What happens to your Bitcoin investment?

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

Following RBI's crackdown, cryptocurrency exchanges look to shift base abroad

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

Is RBI planning to launch its own cryptocurrency code-named Lakshmi?

If introduced, Lakshmi would run on an implementation of the blockchain technology, which is the backbone of digital currencies like bitcoins.

Apr 6, 2018

RBI's scrapping of Letter of Undertaking may choke trade funding

'Sourcing of trade funding has already become difficult for players in the gems and jewelry segment'

Mar 14, 2018

Indian govt does not like cryptocurrencies, but should you still invest in them?

Should regulatory crackdown deter you from investing in cryptocurrencies, possibly the most fundamental and revolutionizing invention of our times?

Mar 5, 2018

Strong GDP data stokes RBI rate-hike talk

The strong economic growth puts spotlight on the Reserve Bank of India ahead of interest rates review on April 5.

Mar 1, 2018

Easing inflation does little to end RBI's policy dilemma

Consumer price index rose 5.07 percent in January from a year earlier.

Feb 13, 2018

Is SBI not telling you something about its bad loans?

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

Banks set to raise lending rates, should you be worried?

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

RBI policy says much without doing much; worries around inflation

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