Reserve Bank of India (RBI)

RBI announces Rs 50,000 cr 'Special Liquidity Facility' for mutual funds: Key points

Under the SLF-MF, the RBI shall conduct repo operations of 90 days tenor at the fixed repo rate.

Apr 27, 2020

Meet the top three contenders, next in line for the HDFC Bank CEO throne

The process to select the successor of the bank's longest-serving CEO Aditya started in November last year whose tenure will end on 26th October this year.

Apr 19, 2020

Liquidity boost, flow of credit: Full text of RBI's announcement on Covid-19 crisis

Appreciating the work of the medical staff, police force and all others working during this pandemic crisis, the Reserve Bank has released its latest announcement on its assessment of the current economic situation.

Apr 17, 2020

RBI cuts reverse repo rate from 4% to 3.75% in bid to spur bank lending

In a speech, RBI Governor Shaktikanta Das said the central bank had cut its reverse repo rate to 3.75% with immediate effect.

Apr 17, 2020

RBI declares new money market trading hours inclusive of Forex from April 7 to 17

Owing to a decrease in market activity in light of the Covid-19 outbreak and nationwide lockdown, RBI has cut money market trading hours, with effect from April 7 to April 17.

Apr 3, 2020

RBI turns 85: Here's a look at its roller coaster ride over the years

The RBI was set up on April 1, 1935, by the British to settle the issue of Remittance between the UK government and its officers serving in India. Here are some events over the years.

Apr 1, 2020

Respite on EMI payments: Here's how deferring your installment re-payment will cost you dearly

Deferment in paying the EMI installments for the coming three months will put up an additional burden on the total loan amount.

Apr 1, 2020

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Government steeply slashes interest rate for small saving schemes, PPF to give 7.1% return

It is to be noted that the interest rates were last revised in July 2019 excluding post office savings account by 10 bps.

Apr 1, 2020

india, moody, lobbied, economy, modi, budget 2017

Indian economy gets corona: Moody's slashes India's GDP growth to 2.5% from 5.3%

The coronavirus outbreak has badly impacted every section of the economy which in turn will affect India's GDP growth in coming months.

Mar 27, 2020

Will RBI's massive repo rate cut and Rs 3.74 lakh cr liquidity push help economic revival?

Amidst the coronavirus scare and economic slump witnessed in the recent days, an announcement by RBI governor Shaktikanta Das brings little relief and hope in times of gloom.

Mar 27, 2020

Coronavirus: RBI issues advisory, asks banks to encourage use of digital banking among customers

In the wake of the novel coronavirus outbreak in the India, the RBI has directed a few operational guidelines to banks across the country.

Mar 16, 2020

Good news for depositors as Moratorium on Yes Bank to be removed on March 18

On March 5, the Reserve Bank of India superseded the board of Yes Bank after it was unable to raise fresh capital.

Mar 14, 2020

Deposited money is safe: RBI asks state government to stop withdrawals from private banks

The trigger of such heavy withdrawal is believed to be the Yes Bank crisis that was superseded by the RBI placed restrictions on withdrawals.

Mar 13, 2020

Coronavirus scares: Contingency planning on top of the agenda for global financial firms

Large financial institutions and corporates are ramping up their contingency planning efforts to combat the spread of coronavirus amongst its staffers, which include telling them to self-quarantine for 14 days if exposed to someone suffering from the virus, deep cleaning of offices and splitting operations such that some staff can work-from-home in affected regions.

Mar 12, 2020

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Reserve Bank of India (RBI)

RBI announces Rs 50,000 cr 'Special Liquidity Facility' for mutual funds: Key points

Meet the top three contenders, next in line for the HDFC Bank CEO throne

Liquidity boost, flow of credit: Full text of RBI's announcement on Covid-19 crisis

RBI cuts reverse repo rate from 4% to 3.75% in bid to spur bank lending

RBI declares new money market trading hours inclusive of Forex from April 7 to 17

RBI turns 85: Here's a look at its roller coaster ride over the years

Respite on EMI payments: Here's how deferring your installment re-payment will cost you dearly

Government steeply slashes interest rate for small saving schemes, PPF to give 7.1% return

Indian economy gets corona: Moody's slashes India's GDP growth to 2.5% from 5.3%

Will RBI's massive repo rate cut and Rs 3.74 lakh cr liquidity push help economic revival?

Coronavirus: RBI issues advisory, asks banks to encourage use of digital banking among customers

Good news for depositors as Moratorium on Yes Bank to be removed on March 18

Deposited money is safe: RBI asks state government to stop withdrawals from private banks

Coronavirus scares: Contingency planning on top of the agenda for global financial firms

Have an account with Yes Bank? Here's what you can do

Huge volatility on Dalal Street as coronavirus reaches India

Bank employees' unions to call for a nationwide three-day strike from March 11 to 13

Double trouble for economy: Factory output contracts, retail inflation jumps to six-year high

As retail inflation soars high, RBI likely to put hold on rate cuts

RBI curbs Bengaluru private bank from doing business for alleged irregularities

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