The Reserve Bank of India is India's central banking institution, which controls the issuance and supply of the Indian rupee. Until the Monetary Policy Committee was established in 2016, it also controlled monetary policy in India. Read More
Despite a rise in food prices, especially those of vegetables like onions, two key macro-economic gauges showed that inflation remained within Reserve Bank of India's tolerance limit, signalling the possibility of more lending rate cuts. ...
Union Home Minister Amit Shah has said that more property has been seized compared to the level of fraud in the Punjab and Maharashtra Co-operative (PMC) Bank case and assured investors that their interests will be protected. ...
Punjab and Maharashtra Cooperative (PMC) Bank depositors on Monday held a protest, outside the city's Esplanade Court, demanding reimbursement of their money from the bank. ...
Public sector banks having fund exposure to the bankrupt real estate firm HDIL may have to classify the loans given to it as non-performing assets (NPA or bad loans) under the RBI norms, make provisions for them and report these to the exchanges, acc ...
Indian banks credit growth rate, for the first time this fiscal, slowed to single digit at 8.8 per cent to Rs 97.71 lakh crore during the fortnight to September 27, according to the Reserve Bank of India supplementary data. ...
Facing flak from several quarters on the PMC Bank fraud case, Finance Minister Nirmala Sitharaman on Thursday said that if amendments help in better regulation, the Centre would go ahead with the required legislative procedure. ...
The Reserve Bank of India on Wednesday rejected the merger of Lakshmi Vilas Bank and India Bulls Housing Finance Ltd, months after the bank had sought its approval on May 7. ...
