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Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.Business
Single deposit of Rs 2 crore, more to qualify as 'bulk deposit', says...

Interest rate on bulk deposits are marginally higher than smaller-amount fixed deposits for similar maturity period.

7 Feb 2019 2:08 PM IST

RBIs Central Board will meet on Feb 18 to consider the audited results for Jul-Dec.Business
RBI to ensure adequate liquidity to all sectors

Total durable liquidity injected through open market operations has reached Rs 2.36 lakh crore.

7 Feb 2019 1:25 PM IST

The amount, to be transferred to farmers bank accounts, will vary from state to state.Business
RBI raises collateral-free farm loan limit to Rs 1.6 lakh

Currently, the banks are mandated to extend collateral-free agricultural loans up to Rs 1 lakh.

7 Feb 2019 12:50 PM IST

An SBI internal research report, Ecowrap, has pegged in a \fiscal deficit target of Rs 5.75 lakh crores for the financial year 2017-18, at 3.4 per cent of GDP.\Business
RBI projects 7.4 per cent GDP growth for FY20

GDP growth is likely to be influenced by growth in bank credit and overall financial flows to the commercial sectors.

7 Feb 2019 12:41 PM IST

The inflationary expectations would be seeping even in the core inflation (non-food, non-fuel). Going forward, both external and internal factors would weigh on the mind of the Monetary Policy Committee of the RBI AssochamBusiness
RBI cuts inflation forecast to 2.8 pc for Q4 2019; 3.2-3.4 pc for...

Reserve Bank of India revised downwards the retail inflation forecast to 2.8 per cent.

7 Feb 2019 12:36 PM IST

Economic Affairs Secretary Shaktikanta DasBusiness
RBI cuts key rate by 25 bps, changes stance to neutral

Four of six members of the MPC voted to cut the rates, while all six members voted for a change in the stance.

7 Feb 2019 12:06 PM IST

Shaktikanta Das on Tuesday was appointed as the new governor of the Reserve Bank of India, a day after his predecessor Urjit Patel resigned. (Photo: File | PTI)Business
RBI MPC may change policy stance to neutral this week: experts

Today's policy statement from the RBI will mark first under Governor Das, who took office nearly a week after the last...

7 Feb 2019 11:17 AM IST

Executives conniving with loanees to defraud banks.Business
Over 15 cr Mudra loans sanctioned till Jan 25, Labour Minister informs...

Under PMMY collateral free loans up to Rs 10 lakh are extended to MSME to set up or expand their business activities.

7 Feb 2019 11:00 AM IST

Traditionally, banks have utilised their excess SLR in the initial period of credit revival.Business
Banks need Rs 20 lakh crore fresh deposits to meet credit demand

Currently, the average annual deposit mobilisation is around Rs 7 lakh crore over the past few years.

7 Feb 2019 12:39 AM IST

The fluctuating dollar cost only makes life harder as the rupee rate is falling. Every dollar is our 69 plus, making each dollar a crude sum.Business
Re may dodge record low: Poll

After reversing some of the deep losses in the final few months of 2018, the rupee has lost about 3 per cent so far this...

7 Feb 2019 12:33 AM IST

RBIs Central Board will meet on Feb 18 to consider the audited results for Jul-Dec.Business
Bimal Jalan panel to meet in Feb-end to study fund transfer models

Expert committee to be consulted on dividends held back.

7 Feb 2019 12:21 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.Business
RBI board meeting deferred to February 18

The RBI board is going to take up request of the govt for payment of interim dividend for the current financial year.

6 Feb 2019 4:03 PM IST

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