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bank holiday, saturday bank holiday, saturday bank closed, bank closed, national Banks, All India Bank Employees' Association, AIBEA, C H Venkatachalam, india news, news

No payment systems on 2nd, 4th Saturdays: RBI

However, the financial market segments which are currently open for transactions on Saturdays will continue to remain open on all working Saturdays, the RBI said.

bank holiday, saturday bank holiday, saturday bank closed, bank closed, national Banks, All India Bank Employees' Association, AIBEA, C H Venkatachalam, india news, news

A time to cut

RBI cannot remain impervious to the growing unsustainability of a stance that emphasises inflation over growth.

Sensex fall, China sensex, China economy, ChiNext Index, Business news, Explained, rbi bonds, china market fall, china stock market, sensex points, sensex news,

Bond offerings abroad in times of foreign exchange crises

When global stocks plunged on Monday after a sell-off in Chinese shares, investors were asking whether the rout in equities, commodities and currencies would be like the last Asian currency crisis in 1997. India weathered that storm, but after Atal Bihari Vajpayee’s government conducted nuclear tests on May 11 and 13, 1998, economic sanctions by […]

death, man beaten to death, pune news, pune police, indian express

RBI official’s wife falls to death

She was watering plants in the balcony of her house when she suddenly lost balance, slipped and fell, the police said.

bank holiday, saturday bank holiday, saturday bank closed, bank closed, national Banks, All India Bank Employees' Association, AIBEA, C H Venkatachalam, india news, news

SBI for teaser loans; realty prices need to be cut: Raghuram Rajan

We need the market to clear the excess stock, says Reserve Bank Governor.

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New loans for NPA accounts: Rajan proposes, SBI disposes

RBI Governor said NPAs are largely an accounting issue. “But beyond the accounting issue, there is a real issue that for a project under distress, how will you make sure that it’s put back on track.

bank holiday, saturday bank holiday, saturday bank closed, bank closed, national Banks, All India Bank Employees' Association, AIBEA, C H Venkatachalam, india news, news

RBI okays 11 payments banks; India Inc top guns bag most

These banks are expected to help increase access to basic banking services to millions of people in the country including migrants who are out of the formal banking system.

bank holiday, saturday bank holiday, saturday bank closed, bank closed, national Banks, All India Bank Employees' Association, AIBEA, C H Venkatachalam, india news, news

Limitation on ATM transaction: RBI allows release of some documents on decision-making process

This comes in response to an appeal by Pune resident Deepak Sethi.

rbi, reserve bank of india, monetary policy committee, mpc, rupee, rupee rate, dolla rupee rate, rupee index, asia pacific, columns, indian express columns

All the bank’s men

The choice of persons who sit on the Monetary Policy Committee will be critical — we need a debate on that.

Dalal Street, Sensex, BSE, WPI inflation, RBI, NSE Nifty, business news, india news, news

BSE Sensex jumps 518 points as inflation cools

Sensex hit the day’s high of 28,100.64, before settling at 28,067.31, up 517.78, or 1.88 per cent, its biggest single-day rise since January 20.

inflation, Reserve Bank of India, RBI, Wholesale Price Index, WPI, Arun Jaitley, business news, india news, news

Inflation: Wholesale takes retail route, dips to record low

Economy stabilised, ‘significant improvement’ can be expected during the current fiscal, says Centre

CPI at 3.78%; IIP records 3.8% growth Robust IIP, low inflation fuel rate cut clamour

The data will bolster the industry clamour for a cut in rate, which was kept unchanged in the monetary policy review on August 4.

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Make for India

Renminbi devaluation underscores the need to focus on public investment, set our house in order

bank holiday, saturday bank holiday, saturday bank closed, bank closed, national Banks, All India Bank Employees' Association, AIBEA, C H Venkatachalam, india news, news

RBI breathes easy as CPI falls to 3.78 per cent

Retail inflation has halved over the 19 months from double digit levels, giving the RBI scope to ease policy rates to help boost growth.

bank holiday, saturday bank holiday, saturday bank closed, bank closed, national Banks, All India Bank Employees' Association, AIBEA, C H Venkatachalam, india news, news

Forget Inflation Targeting

It has only managed to kill manufacturing and employment growth