RBI

RBI Governor Raghuram Rajan says no need to get hyper over India's growth rate

India needs to repeat this performance for the next 20 years to earn a decent livelihood for every Indian, Rajan said.

Apr 20, 2016

Indians sent $4 billion for students studying overseas in FY16

This is approximately 187 percent more than $1.32 billion in outward remittances for educational purposes in 2014-15.

Apr 19, 2016

Rajan says forex intervention to continue to reduce volatility

India will intervene in the currency market when there's a sustainable risk in global markets, Rajan said.

Apr 19, 2016

RBI Governor Raghuram Rajan hints at more rate cuts

In an interview with WSJ, Raghuram Rajan said the cuts would depend on further easing of inflation and a good monsoon.

Apr 16, 2016

Foreign exchange reserves hit new high of $359.91 billion

India's foreign exchange reserves stood at a new high of $359.91 billion in the week ended April 8, 2016, according to RBI.

Apr 16, 2016

RBI asks banks with currency chests to frequently review security tools

Currency chests are storehouses where banknotes and rupee coins are stocked on behalf of the RBI.

Apr 14, 2016

SC wants disclosure of loan default details, RBI opposes

SC says total amount of outstanding bank loans is "quite a substantial amount" and "does make out a case" for disclosure.

Apr 12, 2016

Need regulation without too many limitations, RBI Governor Rajan

The RBI's focus is on the inclusion of people without a smartphone, Raghuram Rajan said at the launch of the Unified Payment Interface.

Apr 11, 2016

Bharti Airtel's M Commerce gets payments bank licence from RBI

Payments bank are restricted to holding a maximum balance of Rs. 100,000 per individual customer.

Apr 11, 2016

India's foreign exchange reserves hit an all-time high of $360 billion

The reserves stood at $359.75 billion in the week ended April 1, up from the earlier historic high of $355.94 billion.

Apr 8, 2016

State Bank of India cuts interest rates on home loans

The move by India's biggest lender has come three days after the RBI cut repo rate to a five-year low.

Apr 8, 2016

India's services PMI at 21-month high in March

Both manufacturing and services output have remained conveniently expansionary the past month, according to the Nikkei India Composite PMI Output Index.

Apr 6, 2016

Deposit rates, not repo rate, to decide bankers' further course of action

With deposit growth at the lowest since 1963, bankers would find it really difficult to cut lending rates.

Apr 6, 2016

This is how the industry reacted to RBI's 25bps rate cut

The repo rate cut sends a strong signal to maintain growth in view of the benign inflation and deficient demand, according to the CII.

Apr 5, 2016

Here is how RBI governor Raghuram Rajan views the global economy

At the first FY2017 bi-monthly monetary policy review meeting Tuesday, Raghuram Rajan gave a comprehensive view of the global economy.

Apr 5, 2016

Bombay Stock Exchange BSE indian stock markets equitas holdings small bank

Sensex down over 500 points on lower-than-expected rate cut by RBI

Benchmark indices Sensex and Nifty ended the trading session Tuesday with losses of over 2 percent each.

Apr 5, 2016

Poor monsoon, rupee decline could spike inflation: Moody's

The credit rating agency's caution is similar to the concerns expressed by the RBI after Tuesday's monetary policy review meet.

Apr 5, 2016

RBI cuts repo rate by 25 basis points

Liquidity deficit had worsened from Rs.1.69 trillion as on 28 Jan to Rs. 2.8 trillion as on 2 April 2016.

Apr 5, 2016

Sensex, Nifty gain ahead of RBI's policy meet April 5

Shares of e-commerce retailer Infibeam, which debuted on stock exchanges Monday, ended the day with a gain of over three percent.

Apr 4, 2016

India missed many chances to lead global growth: FM Arun Jaitley

Arun Jaitley said, at the CII's annual session, that continuing with economic reforms holds the key to India leading the world economy.

Apr 4, 2016

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RBI

RBI Governor Raghuram Rajan says no need to get hyper over India's growth rate

Indians sent $4 billion for students studying overseas in FY16

Rajan says forex intervention to continue to reduce volatility

RBI Governor Raghuram Rajan hints at more rate cuts

Foreign exchange reserves hit new high of $359.91 billion

RBI asks banks with currency chests to frequently review security tools

SC wants disclosure of loan default details, RBI opposes

Need regulation without too many limitations, RBI Governor Rajan

Bharti Airtel's M Commerce gets payments bank licence from RBI

India's foreign exchange reserves hit an all-time high of $360 billion

State Bank of India cuts interest rates on home loans

India's services PMI at 21-month high in March

Deposit rates, not repo rate, to decide bankers' further course of action

This is how the industry reacted to RBI's 25bps rate cut

Here is how RBI governor Raghuram Rajan views the global economy

Sensex down over 500 points on lower-than-expected rate cut by RBI

Poor monsoon, rupee decline could spike inflation: Moody's

RBI cuts repo rate by 25 basis points

Sensex, Nifty gain ahead of RBI's policy meet April 5

India missed many chances to lead global growth: FM Arun Jaitley

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