Reserve Bank of India (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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In Gujarat, Manmohan Singh calls demonetisation a disaster

"Does questioning the Goods and Services Tax (GST ) and demonetisation make one a tax evader? This attitude of suspecting everyone to be thief or anti-national is damaging to democratic discourse," the former PM said.

Nov 7, 2017

India's services activity expands at fastest pace in October on higher demand

The Nikkei/IHS Markit Services Purchasing Managers' Index (PMI) rose to 51.7 last month — the highest since June — from 50.7 in September.

Nov 3, 2017

RBI: Bank accounts should be linked to Aadhaar by year end

Referring to the last date for linking the Aadhaar to the bank account, a government notice stated that all the existing account holders should complete the linking procedure by December 31, 2017.

Oct 21, 2017

Decisions on key lending rates entering trickier waters, show RBI monetary policy panel minutes

Observers are wary about the deep divide within the RBI Monetary Policy Committee when it comes to deciding key interest rates. Read to know more.

Oct 20, 2017

Govt expects economic growth to bounce back in coming quarters

This optimism comes after the Reserve Bank of India slashed its growth projection to 6.7 percent from its previous forecast of 7.3 percent in the October monetary policy meeting held on Wednesday.

Oct 5, 2017

PM Narendra Modi says low GDP in a quarter not a big issue, takes a dig at critics

Prime Minister Narendra Modi said that demonetisation has played a big role in checking black money and corruption.

Oct 4, 2017

Health of India's corporate finances improves despite economic slowdown

ICRA's data showed a turnaround of sorts in corporate finances during the first half of the current fiscal year. Another rating agency Crisil also suggested a massive improvement.

Oct 4, 2017

Another 2 lakh directors disqualified for holding posts in defaulting companies

These directors will not be allowed to hold seats in other companies and might have to resign from their posts soon in the future.

Sep 25, 2017

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

Finance Ministry seeks details of 40 accounts tagged for insolvency and bankruptcy

Commercial banks had expressed concerns over the extra provisioning requirements which is being looked at and if necessary, the ministry will have further discussions with the RBI.

Sep 16, 2017

Bank employees to stage protests on September 15

The banking sector wants the government to focus on concerns such as staff shortage and real recovery of Non-Performing Assets (NPAs).

Sep 12, 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

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Currency printing presses demand Rs 577 cr from RBI for Modi govt's DeMo drive

The big amount demanded from the central bank is mainly because of importing currency note paper and other printing materials used for printing Rs 500 and Rs 1,000 notes.

Sep 6, 2017