Financial system remains stable despite weakening domestic growth, says RBI

Mumbai: The Reserve Bank on Friday said the country's financial system remains ..

kerala bank
RBI grants permission, Kerala Bank to start functioning from November 1
RBI plays down deepening slowdown as just 'cyclical downswing'
RBI to transfer highest-ever surplus of Rs 1.76 lakh cr to govt

RTGS can be done till 6 pm from June 1 onwards

Mumbai: The Reserve Bank of India has decided to extend the usage timings for 'Real Time Gross Settlement' (RTGS) system from ..


Bank credit up 13.24% , deposits up 10% in FY19: RBI

New Delhi: Signalling credit offtake, Reserve Bank of India data have shown banks have ended the 2018-2019 with record double digit ..


RBI removes Allahabad Bank, Corporation Bank, Dhanlaxmi Bank from PCA

New Delhi: The Reserve Bank of India (RBI) has taken off Allahabad Bank, Corporation Bank and Dhanlaxmi Bank from the Prompt Corrective ..


RBI raises collateral-free farm loan limit to Rs 1.6 lakh

Mumbai: The Reserve Bank of India (RBI) Thursday raised the limit of collateral-free agricultural loans to Rs 1.6 lakh from the current ..


RBI penalises UCO Bank, Axis Bank and Syndicate Bank

Mumbai: The Reserve Bank of India (RBI) has imposed separate monetary penalties on lenders -- UCO Bank, Axis Bank and Syndicate Bank ..

Manish Tewari

Govt seeking Rs 3.6 lakh crore RBI reserve to dole out freebies ahead of 2019 polls: Cong

New Delhi: The Congress Tuesday said if the government's reported proposal seeking Rs 3.6 lakh crore from the RBI fructifies, it ..


Govt cites never-used powers for resolving issues with RBI

New Delhi:The government has cited the never-before-used power of issuing directions to RBI Governor to seek a resolution to differences ..


RBI eases norms to increase liquidity flow for NBFC sector

Mumbai:The Reserve Bank of India (RBI) on Friday came out with new measures to increase the liquidity flow to non-banking financial ..


99.3% of demonetised currency returned to banks: RBI

New Delhi: As many as 99.3 per cent of the old 500 and 1,000 rupee notes, that were banned overnight in November 2016, have been returned, ..


Over 23,000 bank fraud cases involving Rs 1 lakh crore in 5 yrs: RBI

New Delhi: Over 23,000 cases of fraud involving a whopping Rs 1 lakh crore have been reported in the past five years in various banks, ..


RBI cracks down on digital currencies; plans own cryptocurrency

Mumbai: The Reserve Bank on Thursday tightened the rules to discourage use of virtual currencies like Bitcoins and also announced a ..


RBI expected to hold key interest rate

Mumbai: At its first bi-monthly monetary policy review of the new fiscal, the RBI is expected to continue with its stance of the previous ..


RBI special measures on March 31 for government accounts

Mumbai:The Reserve Bank of India (RBI) has announced special measures for transaction of central and state government business by banks ..


Home loans taken prior to April 2016 may become cheaper

New Delhi: Old home loans are likely to become cheaper with the RBI asking banks to link from April 1 the base rate with MCLR, which ..


RBI likely to hold interest rate at monetary policy review

Mumbai: With the annual retail inflation rate breaching the five per cent mark in December and going over the RBI's median level ..


RBI maintains key rates, concerned over inflation

Mumbai: In its penultimate monetary policy review of the fiscal, the Reserve Bank of India (RBI) on Wednesday maintained status quo ..


Note ban anniversary: RBI says still verifying returned notes

New Delhi: Nearly a year after Prime Minister Narendra Modi announced demonetisation, the Rs 500 and Rs 1,000 bills returned to banks ..


RBI refuses to share details on clean India mission logo on new currency notes

New Delhi: The Reserve Bank of India (RBI) has refused to share details of a decision to put the logo of Prime Minister Narendra Modi's ..


RBI to raise FPIs' investment limits in government securities

Mumbai: The Reserve Bank of India (RBI) on Thursday said it will raise foreign portfolio investors' (FPIs) investment limits in ..


99 percent of banned currency returned to system: RBI

Mumbai: Revealing the low efficacy of last November's demonetisation of high-value currency, the RBI said on Wednesday that of ..

Rs 50 currency note

RBI to issue fluorescent blue Rs 50 note in new series

Mumbai: The Reserve Bank of India (RBI) on Friday said it will soon issue a Rs 50 currency note in Mahatma Gandhi (New) Series, which ..

Urjit Patel

RBI cuts key lending rates by 25 basis points

Mumbai: The Reserve Bank on Wednesday cut its key lending rate by 0.25 per cent - first time in 10 months - to about 7-year low of ..

Arun Jaitley

RBI at advanced stage of preparing top loan defaulters' list: Jaitley

New Delhi: Plagued by huge bad loans problem, the government on Monday said the Reserve Bank of India (RBI) is in an advanced stage ..


RBI keeps policy rate unchanged for fourth meeting

Mumbai: The Reserve Bank of India on Wednesday decided to keep the policy rates unchanged for a fourth monetary policy meeting in a ..


Ordinance on bad loans gets Presidential nod

New Delhi: An ordinance empowering the Reserve Bank of India (RBI) to tackle bad loans of banks got the Presidential nod on Friday ..


RBI retains policy at 6.25 pc; ups reverse repo, cuts MSF by 25 bps

Mumbai: The Reserve Bank left its benchmark lending rate unchanged at 6.25 per cent today for the third policy review in a row citing ..

Thomas Isaac

Salary, pension to be delayed due to cash crunch: Isaac

Thiruvananthapuram: The salary and pension disbursal for the month of March will be delayed owing to cash crunch, said Finance Minister ..

new notes

All cash withdrawal limits go back to pre-demonetisation era

Mumbai: All limits on savings bank cash withdrawals post-demonetisation ended on Monday, as had been announced by the Reserve Bank ..

10 rupee notes

New Rs 10 notes with more security coming soon

Mumbai: The Reserve Bank of India (RBI) will soon issue Rs 10 denomination notes with enhanced security features for circulation. ..


Cash withdrawal limit to be Rs 50,000 from Feb 20; no limit from March 13

Mumbai: The limits on savings bank cash withdrawals post-demonetisation are to be withdrawn in two stages, the Reserve Bank of India ..


RBI ends all curbs on ATMs, Current Accounts

New Delhi: The RBI on Monday ended all curbs on withdrawals from Current Accounts, Cash Credit Accounts and Overdraft Accounts with ..


Board recommended note ban after govt advice: RBI

New Delhi: Contrary to popular belief, it was the Government which had "advised" the Reserve Bank to junk Rs 500/1000 notes ..

Old notes

Will release numbers on junked notes at earliest: RBI

Mumbai: In a bid to put to rest speculation on the quantum of scrapped notes deposited in banks and post offices, the RBI today said ..


RBI asks banks to supply 40% of notes to rural areas

Mumbai: To mitigate hardships of poor and marginal farmers due to cash deficit following demonetisation, the Reserve Bank today directed ..

Viral Acharya

Govt names Viral V Acharya as RBI Deputy Governor

New Delhi: Government today appointed Viral V Acharya, a professor of Economics in the Department of Finance at the New York University ..


Raids in coop banks not done with good intention: Kadakampally

Thiruvananthapuram: A day after reported raids in some cooperative banks in Kerala by central agencies, Cooperative Minister Kadakampally ..

Anand Sharma

People have lost faith in RBI, banking system: Anand Sharma

Kochi: The Congress on Sunday targeted RBI and banks in the country, saying people have "lost faith" in the "banking ..


RBI admits there is note scarcity in Kerala

Thiruvananthapuram: Bank employees’ organizations said that RBI Regional Director S Narasimhaswamy has admitted that there is ..


Demonetisation: No concession to co-operative banks

New Delhi: The Supreme Court on Thrusday said that concessions cannot be allowed to district co-operative banks. The co-operative banks' ..


Banks got Rs 12.44 lakh crore in old notes till Dec 10: RBI

Mumbai: RBI today said banks have garnered Rs 12.44 trillion (Rs 12.44 lakh crore) in banned notes till December 10, while they have ..

Urjit Patel

RBI cuts growth forecast, says demonetisation will impact cash-intensive sectors

Mumbai: The Reserve Bank today cut the economy's growth forecast for current fiscal to 7.1 per cent, from 7.6 per cent earlier, ..

Urjit Patel

RBI withdraws incremental CRR of 100 pc

Mumbai: The RBI on Wednesday discontinued the incremental CRR of 100 per cent, aimed at absorbing the surplus liquidity with banks ..

Urjit Patel

RBI may cut rate by 0.25% in policy review on Wednesday

New Delhi: Reserve Bank Governor Urjit Patel is expected to again go in for a 0.25 per cent interest rate cut at its next policy review ..


RBI to provide Rs 1000 cr tomorrow for distribution of salary: Isaac

Thiruvananthapuram: The Reserve Bank of India (RBI) has informed that it will provide Rs 1000 crore on Thursday for the distribution ..