RBI

RBI calls for preventive action in banks against cyber threats

The RBI's new frameworks mandate banks to form cyber security policies to assess, monitor, control and prevent vulnerabilities.

Jun 3, 2016

rice paddy msp modi government kharif season crops food inflation

Modi government hikes minimum support prices for rice; analysts say food inflation could go up

The decision to raise MSP for rice and other crops for this fiscal's kharif crop season has also been welcomed for its "prudent" nature.

Jun 2, 2016

RBI Governor Raghuram Rajan not seeking 2nd term: Report

Kolkata-based Anandabazar Patrika reported that Rajan has requested the prime minister to relieve him of his duties after his tenure ends in early September.

Jun 1, 2016

Lending by state-run banks falls to 12-year low

Public sector banks' share of credit fell by nearly 4 percent during 2015-16, while private banks saw their market share grow for the same period.

Jun 1, 2016

Bad loans of State Bank of India, Punjab National Bank, Bank of Baroda and ICICI Bank now at a staggering $18.5 billion

The net NPAs of SBI, PNB, Bank of Baroda and ICICI Bank have spiked over 100 percent from $8.56 billion at the end of FY2015.

May 27, 2016

indian economy, india forex reserves, rbi data, india stock markets, indian rupee vs us dollar

Foreign investors like Indian equities, shun debt

Net equity position of foreign portfolio investors (FPIs/FIIs) is $2.06 billion while it is negative in debt investments.

May 24, 2016

India's foreign exchange reserves decline $968 million to $361 billion

The reserves fell for the second consecutive week, ended May 13, according to RBI data.

May 20, 2016

IDBI Bank reports Rs. 1,736 crore loss for March quarter

A 159 percent spike in provisioning for bad loans led to the bank reporting a loss as against a net profit in the March 2015 quarter.

May 20, 2016

credit card debit card payments transactions online payment RBI central government

Delhi High Court seeks Centre, RBI's response on surcharge levied on card payments

The notices were issued in response to a plea seeking removal of surcharge and convenience fee, with response sought by August 19.

May 17, 2016

Swamy writes to PM Modi to sack RBI governor Raghuram Rajan

Subramanian Swamy, in his letter to the prime minister, called Rajan "a disruptor of the Indian economy."

May 17, 2016

Raghuram Rajan evinces interest in 2nd term, says there is 'always more to do'

The governor recently said that he had not heard from the government on extension of his term at the central bank.

May 13, 2016

RBI modifies shareholding norms for Indian private banks

Promoters (natural persons) can now hold 15 percent as against 10 percent earlier, according to the amended guidelines issued by the RBI.

May 13, 2016

India's retail inflation snaps easing trend, interest rates seen on hold

Consumer price inflation, which the RBI targets in setting interest rates, rose at a faster-than-expected pace, to 5.39 percent last month.

May 13, 2016

India's bad loans could get worse before better: Report

Increasing provisions by banks to cover for bad loans will hurt profits and stop credit growth, in turn slowing the economy.

May 12, 2016

"We should kick out the RBI governor:" BJP's Subramanian Swamy on Raghuram Rajan

BJP Rajya Sabha MP Subramanian Swamy slammed RBI Governor Raghuram Rajan for his interest rate (repo rate) policy.

May 10, 2016

Fake notes worth Rs. 29.6 crore found in 2015-16

Data released by the finance ministry showed that about 6.3 lakh imitation notes were detected in FY 16, the Hindu reported.

May 9, 2016

Wilful defaulters' list to be made public: RBI governor

Raghuram Rajan said the RBI is working on a mechanism for out-of-court settlement in bad-loan disputes.

May 8, 2016

India's foreign exchange reserves at an all-time high of $363 billion

An increase of $1.52 billion in India's foreign exchange reserves lifted kitty to $363.12 billion, according to RBI's weekly data.

May 6, 2016

RBI includes individuals as eligible promoters for the first time in draft norms for universal bank licences

The Reserve Bank of India (RBI) released the draft guidelines for issuing universal bank licences on continuous ("on tap") basis.

May 5, 2016

India eyes cleanup of bad debt mountain as wary state banks hesitate

India's $121 billion troubled debt pile, over $100 billion of which is on the books of state-owned banks, has come under close scrutiny from prosecutors.

May 5, 2016

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RBI

RBI calls for preventive action in banks against cyber threats

Modi government hikes minimum support prices for rice; analysts say food inflation could go up

RBI Governor Raghuram Rajan not seeking 2nd term: Report

Lending by state-run banks falls to 12-year low

Bad loans of State Bank of India, Punjab National Bank, Bank of Baroda and ICICI Bank now at a staggering $18.5 billion

Foreign investors like Indian equities, shun debt

India's foreign exchange reserves decline $968 million to $361 billion

IDBI Bank reports Rs. 1,736 crore loss for March quarter

Delhi High Court seeks Centre, RBI's response on surcharge levied on card payments

Swamy writes to PM Modi to sack RBI governor Raghuram Rajan

Raghuram Rajan evinces interest in 2nd term, says there is 'always more to do'

RBI modifies shareholding norms for Indian private banks

India's retail inflation snaps easing trend, interest rates seen on hold

India's bad loans could get worse before better: Report

"We should kick out the RBI governor:" BJP's Subramanian Swamy on Raghuram Rajan

Fake notes worth Rs. 29.6 crore found in 2015-16

Wilful defaulters' list to be made public: RBI governor

India's foreign exchange reserves at an all-time high of $363 billion

RBI includes individuals as eligible promoters for the first time in draft norms for universal bank licences

India eyes cleanup of bad debt mountain as wary state banks hesitate

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]

Is exhibiting cleavage mandatory? Malaika Arora opts for low neck sleeveless outfit at event in Vrindavan, leaves netizens furious