New Delhi, July 24 (IANS) Union Finance Minister Nirmala Sitharaman on Monday said in Lok Sabha through an intervention that all banks whether public or private have been instructed through RBI to deal with poo
Chennai, July 18 (IANS) Loan write-offs by government owned and private banks have shown a phenomenal increase contrary to the government claims, said People's Commission on Public Sector and Public Service
New Delhi, June 29 (IANS) The Indian economy presents a picture of resilience, supported by strong macroeconomic fundamentals, the Reserve Bank of India's (RBI) financial stability report has said.
The r
Kohima, June 13 (MExN): The Reserve Bank of India (RBI) today opened its sub-office in Nagaland capital Kohima with three functional departments.
RBI Deputy Governor Dr Michael Debabrata Patra inaugurated th
New Delhi, June 13 (IANS) Reserve Bank of India (RBI) Governor Shaktikanta Das on Tuesday expressed confidence that India will be among fastest growing economies in the world in 2023 which would grow at the rat
Mumbai, August 5 (PTI) The "unacceptably high" inflation trending around 7 per cent mark led the Reserve Bank of India to hike rates by an aggressive 0.50 per cent on Friday, according to Governor Sha
MUMBAI, OCTOBER 23 (IANS): The Central Board of the Reserve Bank of India (RBI) on Friday reviewed the current economic situation, continued global and domestic challenges and various areas of operations of the
NEW DELHI, OCTOBER 10 (IANS): The Reserve Bank's accommodative policy along with a likely US stimulus package are expected to strengthen the Indian rupee in the short-run.
Additionally, fund inflows chan
MUMBAI, OCTOBER 10 (IANS): Although the banks remain flush with liquidity and interest rates lowered significantly, credit offtake from banks was very low and "anaemic" during the first half of the cu
NEW DELHI, OCTOBER 4 (IANS): The Confederation of All India Traders (CAIT) on Sunday said that the RBI had affirmed the possibility of currency notes as potential carriers of novel coronavirus and demanded gove
NEW DELHI, SEPTEMBER 16 (IANS): The recovery of the economy reeling from the impact of Covid-19 pandemic will be gradual, RBI Governor Shaktikanta Das said on Wednesday.
Addressing the FICCI National Executi
Mumbai, August 7 (IANS): The Reserve Bank on Thursday retained its key short-term lending rate to curb the rise in inflation, and stabilise the general economic environment.
Even though it retained the repo