rbi
RBI publishes draft framework for new payment system
The central bank has invited comments on the draft framework from all stakeholders by February 25.
RBI to conduct long-term repo operations on Feb 17, 24 for Rs 50,000 cr
There will be no restriction on the maximum amount of bidding by individual bidders.
Deposit insurance hike: RBI says not to hit banks balance-sheets
The budget allowed the Deposit Insurance and Credit Guarantee Corporation to raise deposit insurance coverage to Rs 5 lakh from Rs 1 lakh.
Highlights of RBI's sixth bi-monthly monetary policy statement for 2019-20
Next meeting of the MPC scheduled during March 31, April 1 and 3, 2020.
RBI has many other tools to revive growth, not just interest rates: Das
The governor said the continuity in policy from last pause should not be read as a pointer to future actions.
RBI revises upwards retail inflation projection to 6.5 pc for Jan-Mar qtr
RBI further said that the actual inflation outcome for Q2 at 5.8 per cent overshot projections by 70 bps.
RBI estimates GDP to expand at 6 pc in FY21
Real GDP growth for 2019-20 was projected at 5 per cent in the December 2019 policy.
Reserve Bank of India keeps key policy rate unchanged at 5.15 per cent
In the last MPC meet benchmark interest rate was cut by 0.25 per cent to 5.15 pc amid low inflation, faltering economic growth.
RBI imposes Rs 1 crore penalty on HDFC Bank
A notice was issued to the private lender to show cause as to why penalty should not be imposed for non-compliance with the direction.
Urban cooperative banks report nearly 1,000 frauds worth over Rs 220 cr: RBI
The central bank said a total of 181 fraud cases involving Rs 127.7 crore were noticed during 2018-19.