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
An increase in government borrowing can risk flooding the debt market while making it expensive for companies to borrow, outgoing Reserve Bank of India (RBI) Deputy Governor Viral Acharya has said taking yet another indirect dig at the Centre before ...
An inter-ministerial committee has recommended banning cryptocurrencies in India along with imposition of fines and penalties on activities linked with private virtual currencies in the country. ...
The Bimal Jalan panel on Wednesday finalised the report on RBI surplus capital and though not unanimous on the quantum of transfer, it has recommended 3-5 year formula for transfer of surplus in tranches to the government. ...
State-run lenders currently under the RBI's Prompt Corrective Action (PCA) framework on account of bad loans and heavily loss making banks may not be allowed to buy the pooled retail assets of non-banking finance companies (NBFCs) under the scheme a ...
The Reserve Bank of India (RBI) on Monday said its accounts have just been closed and based on the accounts, its audit committee and the RBI Central Board will take a decision on the Centre's demand for a Rs 90,000 crore dividend. ...
Finance Minister Nirmala Sitharaman will brief the RBI's central board on Monday on Budget measures and sources said the upcoming sovereign bonds, NBFC issues and RBI dividend will figure in the discussion at the Central Board meeting. ...
Another fraud, this time amounting to Rs 3,805.15 crore has been reported at the state-run Punjab National Bank (PNB), this time by the now-insolvent Bhushan Power and Steel Ltd (BPSL). ...
