RBI

Demonetisation: Here's why RBI has been forced to order 5-year low indent for printing currency notes

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

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RBI yet to issue instructions over 'mandatory' Aadhaar linking of bank accounts: RTI

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

rbi rule deposit of rs 5000 more than demonetisation modi govt currency ban

P2P lending firms to be treated as NBFCs: RBI

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

With 99% of scrapped notes coming back, RBI banks on 'sophisticated' machines to check them

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

Over 2 lakh company directors cannot hold board position in new ventures

This number is expected to surge in the coming months and the crackdown against these directors will commence in a few days.

Sep 5, 2017

Of Rs 15.44 lakh crore of banned notes, Rs 15.28 lakh cr, or 99%, returned to the system, says RBI

RBI said the value of banknotes in circulation declined by 20.2 percent during the year to Rs 13.1 lakh crore.

Aug 30, 2017

Down and out: Videocon, JP Associates, IVRCL may be dragged to NCLT's doors

Most are from the power and infrastructure sectors and are on RBI's second list of loan defaulters.

Aug 29, 2017

e-incentive: Govt thinks over 2 per cent GST relief on digital payments

The IT ministry is leading the government's digital thrust by taking stock of initiatives to further popularise electronic payments.

Aug 28, 2017

RBI to introduce Rs 200 notes tomorrow; all you need to know

The new denomination has a motif of Sanchi Stupa on the back side of the tender, which depicts the country's cultural heritage.

Aug 24, 2017

rbi head office reserve bank of india notes currency denomination 2000 1000 500 100 mysuru

RBI likely to introduce Rs 200 notes from September

The broader objective of the introduction of Rs 200 notes is to eliminate counterfeit currency notes and eradicate black money from the system.

Aug 23, 2017

RBI Governor hinted PSU bank mergers as recapitalisation plans

RBI Governor Urjit Patel said that PSBs will need to take haircut on current exposure, and higher provisions requirement will affect the capital position of several banks.

Aug 20, 2017

RBI to issue new Rs 50 note: Top features to look out for in the new banknote

New Rs 50 banknote will have a motif of Hampi with the chariot and Swachh Bharat logo and the slogan on the reverse.

Aug 19, 2017

Auditing the auditors: RBI raises questions about differences in loan write-downs

In some cases, the apex bank also doubted the provisioning methodology and non-performing asset (NPA) figures arrived at by the auditors at a few public sector banks.

Aug 14, 2017

RBI may need to drain up to $22 billion as inflows add to excess liquidity

Foreign investments into debt and shares have reached a net $31 billion this year, compared with $2.7 billion in sales last year, due to factors including India's low inflation and improving economic growth.

Aug 11, 2017

Bad loans meet: Lenders to discuss future of defaulters identified by RBI

Most of the debt is unsustainable and so high that these companies won't be able to repay it in next 25-30 years.

Aug 7, 2017

Rated tame: RBI behind curve on rate cuts, say frustrated Indian officials

Headline inflation reflects a structural shift, and is low enough to warrant more aggressive cuts, say senior govt officials.

Aug 3, 2017

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RBI Monetary Policy: Repo rate cut by 25 bps, policy stance neutral

Following the decision, the benchmark repo rate stands reduced to six percent from 6.25 percent. Accordingly, the reverse repo rate has been pegged down to 5.75 percent from previous six percent.

Aug 2, 2017

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NPA crisis: Cleaning up bad loan mess is the priority, says RBI

Last month, the RBI referred 12 NPA accounts, accounting for 25 percent of bad loans in the banking system, for resolution under the Insolvency and Bankruptcy Code (IBC).

Jul 23, 2017

Home loan, fixed deposit interest rates might sink further

Banks crank up interest rate engines, reassess credit scenario ahead of possible RBI cut

Jul 20, 2017

Insolvency case: Gujarat HC dismisses Essar Steel petition challenging RBI

Essar Steel's petition had challenged the RBI directive to banks for initiating insolvency proceedings against it

Jul 17, 2017

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