RBI

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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

India's central bank keeps repo rates unchanged at 6%, highlights inflation risks

The Reserve Bank of India also kept the reverse repo rate unchanged at 5.75 percent.

Feb 7, 2018

All Rs 10 coins valid: Here's what RBI said

All the 14 designs of Rs 10 coin are valid and legal tender for transactions, the Reserve Bank India (RBI) said.

Jan 17, 2018

RBI issues new Rs 10 notes: All you need to know

The new denomination has motif of Sun Temple, Konark on the reverse, depicting the country's cultural heritage.

Jan 5, 2018

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At Rs 9.5 lakh crore, bad loans post India at fifth among nations with high NPA problem

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

RBI worried over risks to inflation, fiscal uncertainty; don't expect rate cut in near future

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

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Small shops will now pay less fee on debit card payments as RBI rejigs merchant discount rate

The new rates will be effective from 1st January 2018.

Dec 7, 2017

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RBI holds repo rate unchanged at 6%, maintains neutral stance

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

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RBI's views on economy incorrect; rate cut possible, says Modi's economic adviser

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

RBI allows banks to rely on provisional ratings for giving further loans to distressed companies

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

RBI sets March deadline for banks to provision against second list of bad loans

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

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For bank recapitalisation, Modi govt wants special dividend from RBI

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

RBI not to pursue proposal to introduce Islamic banking in India

Islamic or Sharia banking is a system of finance in which interest is not charged.

Nov 12, 2017

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RBI