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
The Chairman and Managing Director of real estate developer HDIL were arrested on Thursday in connection with the Rs 6,500 crore loan default case that has hit the Punjab & Maharashtra Co-operative (PMC) Bank. ...
Leading industrialist and Godrej group Chairman Adi Godrej on Thursday said the government should not bother about fiscal deficit in slowdown times and should take steps to push growth in the second half of the fiscal while suggesting cut in income t ...
Allaying fears of a crisis in the country's banking system, the Reserve Bank of India (RBI) on Tuesday said that Indian banking system is safe and stable and there is not need to panic on "rumours". ...
The Reserve Bank of India (RBI) is likely to cut policy rates by 25 basis points (bps) on Friday and is expected to continue with the accommodative stance to support the recent government measures like reducing corporate tax to boost economic expansi ...
Days after fraud involving PMC Bank came to light, it now transpires that the rot was deep and the management hid it from the regulator RBI to save its reputation. ...
Goa Pradesh Congress Committee (GPCC) President Girish Chodankar on Tuesday brushed aside state government's announcement of reducing road tax by 50 per cent as insignificant claiming that it will not benefit people. ...
The Economic Offences Wing (EOW) of Mumbai Police on Monday registered an FIR against the senior officials of HDIL and PMC bank in connection with a fraud of over Rs 4,355 crores. ...
India's budgetary fiscal deficit for the April-August 2019-20 period came in at 78.7 per cent, or Rs 5.538 lakh crore, of the budget estimates (BE), official data showed on Monday. ...
