RBI

Digital lending norms: Direct credit to a/c, sans third party

August 11, 2022 7:29 am

The norms follow the recommendations of a working group for digital lending, whose report was made public last November.

RBI cancels licence of Pune's Rupee Cooperative Bank; lakhs of depositors in jeopardy

August 11, 2022 2:23 pm

Rupee Cooperative Bank: While deposits below Rs 5 lakh will be fully refunded, high-value depositors may lose significant amounts of their Rs 340-crore deposits.

Your Daily Wrap: RBI hikes repo rate by 50 bps, Congress holds protest over price rise; and more

August 05, 2022 10:19 pm

From Congress holding nationwide protests against inflation, unemployment and rising prices to West Bengal Chief Minister Mamata Banerjee meeting Prime Minister Narendra Modi, here are the top stories of today.

Developments in Taiwan will not impact India: RBI Guv

August 05, 2022 6:45 pm

The Governor said Taiwan accounts for only 0.7 per cent of India's overall trade and the capital flows from the island are also not very high.

Rupee gains 46 paise to 78.94 against US dollar ahead of RBI policy outcome

August 05, 2022 10:14 am

In initial deals, the local unit witnessed an early high of 78.94 and low of 79.17 against the American currency.

RBI MPC Meeting Live Updates: Inflation has peaked and will moderate, says Shaktikanta Das

August 05, 2022 1:03 pm

RBI Monetary Policy Meeting Live Updates: The six-member Monetary Policy Committee (MPC) headed by Reserve Bank of India (RBI) Governor Shaktikanta Das hiked the repo rate by 50 bps to 5.40 per cent. In the post-policy press conference, Das said that inflation has peaked and will moderate, but it is at unacceptably high levels. Here's what the Indian central bank chief announced.

RBI Monetary Policy Meeting Commences: Here's what analysts, experts expect

August 04, 2022 5:39 pm

RBI MPC Monetary Policy Meeting Updates, August 4, 2022: It is widely expected that the Reserve Bank of India (RBI) will raise its benchmark lending rates for a third consecutive time to check the spike in retail inflation.

Financial inclusion index inches up, all sub-indices rise: RBI

August 03, 2022 11:54 am

The central bank had in April 2021 announced that it will form the index for measuring financial inclusion, which is the focus area for the government, central bank and other regulators.

RBI likely to raise key policy rate by at least 35 bps to check inflation: Experts

August 01, 2022 12:47 pm

The Reserve Bank of India's rate-setting panel -- the Monetary Policy Committee -- will meet for three days from August 3 to deliberate on the prevailing economic situation and announce its bi-monthly review on Friday.

RBI and the rupee: To break a free fall or not to

July 30, 2022 5:49 pm

Partha Sen writes: If the world financial markets want a depreciated rupee, the RBI would be foolish to throw reserves to prevent it

‘Think of it the other way, not about govt raiding RBI, but how RBI could have behaved differently’

June 22, 2020 6:07 pm

In this edition of the Idea Exchange, Former Chief Economic Adviser Arvind Subramanian talks about demonitisation, defends GST, explains the reasons why growth has not been robust and reflects back on his tenure as Chief Economic Adviser of India.

Express Eye for Detail Ep 12: Two years of demonetisation, the Diwali mess and Faizabad renamed as Ayodhya

June 22, 2020 6:11 pm

Two years on, The Indian Express learns that RBI did not approve of demonetisation and more about the week’s top stories in Express Eye for Detail episode 12.

Eye for Detail EP 12: All about the Ayodhya uncertainty, RBI vs govt and Statue of Unity

June 22, 2020 6:12 pm

How the BJP and RSS are reacting to the Supreme Court deferring the Ayodhya case, why the RBI and the government are at loggerheads and what it means to have a statue worth almost Rs 3000 crores. All that and more in this week’s Eye for Detail.

'For the first time we have a majority govt. If some hard decisions have to be taken, they must be announced now'

June 22, 2020 6:13 pm

Former governor of Reserve Bank of India Bimal Jalan talks about how he addressed the issues of transparency and accountability in financial transactions and governance in his new book, India Ahead: 2025 and Beyond.

Congress has no faith in us or any other institution because it has no faith in itself: Narendra Modi

June 22, 2020 6:21 pm

Prime Minister Narendra Modi said the Congress party has no faith in the government, the CJI, the RBI or any international organisation that gives data on India's growth. He said it is because Congress has no faith in itself.

Demonetisation: RBI recovers almost all banned notes

June 22, 2020 6:55 pm

56.4 Per Cent Rise In Bad Loans Or Non Performing Assets Of State Owned Banks

June 22, 2020 7:10 pm

RBI Asks Banks To Track Demand Drafts Used To Convert Old Notes To New During Demonetisation

June 22, 2020 7:11 pm

Election Commission Hits Back After RBI Rejects Plea To Raise Cash Limits For Poll Candidates

June 22, 2020 7:12 pm

Rs 14 Lakh Crore In Old Notes Back With Banks, Micro-Small Scale Industries Suffer Job Loss

June 22, 2020 7:14 pm