Reserve Bank Of India (RBI): News
18 Jan 2017
Narendra ModiShiv Sena compares demonetization to Hiroshima bombing
Shiv Sena said in its party mouth piece 'Saamna' that demonetization was akin to dropping an atom-bomb on Hiroshima and Nagasaki.
02 Jan 2017
IndiaRBI refuses to answer RTI query regarding demonetization
Fifty days after the Centre announced Rs.500 and Rs.1000 notes would cease to be legal tender, the Reserve Bank of India declined to answer the burning question: Why were the notes demonetized?
02 Jan 2017
IndiaFive issues that could worry India in 2017
When 2016 was about to start, experts had predicted that five things would worry India the most in the year.
29 Dec 2016
AcharyaNYU Professor Viral Acharya becomes RBI's new Deputy Governor
Viral Acharya, an economics professor at the New York University's Stern School of Business was appointed as the Reserve Bank of India's deputy governor on Wednesday.
29 Dec 2016
IndiaRBI provides loan repayment window of 90 days
After the central bank announced measures to increase the loan repayment window for borrowers to 60 days last month, the RBI has now announced that it will extend the window to 90 days.
27 Dec 2016
IndiaKolkata bazaars: Vendors buying demonetized notes at a premium
With the demonetization effect sinking into the economy, many vendors across Kolkata's Burrabazar trading bazaar are accepting the invalid notes.
23 Dec 2016
IndiaRBI rate cut in February unlikely?
Amidst rising expectations of a rate cut in February, the minutes of the monetary policy committee meeting shows otherwise.
22 Dec 2016
IndiaGovernment requests RBI for report on bank norms post demonetization
With the onset of demonetization, reports surged on instances where bank employees aided money laundering through means of unauthorized documents or flouting KYC norms.
17 Dec 2016
IndiaDemonetization undermined RBI's reputation: Standard & Poor's
The Centre's surprise move to demonetize high-value currency notes has undermined the Reserve Bank of India's reputation for competence and independence, according to the global credit rating agency Standard & Poor's.
13 Dec 2016
IndiaPM Modi's clandestine demonetization operation
While the demonetization move takes its toll in the nation, reports stated that the Prime Minister's closely guarded secret was entrusted to a trusted official in the finance ministry, Hasmukh Adhia.
13 Dec 2016
IndiaDemonetization set to ease retail inflation to below 4%
Market experts and economists are expecting the country to clock retail inflation lesser than 4% after the demonetization move impacted the availability and supply of money.
07 Dec 2016
IndiaRBI maintains repo rate at 6.25%
Amidst rising expectations of a rate cut from the Reserve Bank of India, the central bank kept the repo rate unchanged at 6.25%.
06 Dec 2016
DelhiWhat's up with Delhi today?
In another tragic incident of road rage, a young 25-year old builder was shot dead in an altercation.
05 Dec 2016
JharkhandLatest from the city of news and news-makers
Delhiites were in for a shock at Rajiv Chowk metro station when the escalator suddenly changed direction and injured four; CISF personnel's response averted a fatal tragedy.
03 Dec 2016
MumbaiMumbai: City where the money keeps pouring in
Demonetization has resulted in massive gains for LIC; it sold its most expensive policy of Rs.50 crore for the first time.
02 Dec 2016
MaharashtraMumbai's highs and lows of the day
In the wake of demonetization, BEST will adopt 'cashless' modes of payment and encourage millions of its commuters to go cashless.
30 Nov 2016
Bombay High CourtAll that kept Mumbai buzzing
The Haji Ali dargah of Mumbai is in the news again.
29 Nov 2016
IndiaModi asks BJP members to submit bank details
PM Modi directed all BJP MPs and MLAs to submit details of their bank accounts so that suspicious transactions post November 8 can be tracked.
28 Nov 2016
IndiaDelhi overtakes Mumbai as India's economic hub
In a study published by Oxford Economics, India's capital city of Delhi overtook Mumbai as the nation's commercial and business centre.
23 Nov 2016
Shaktikanta DasRBI releases guidelines for drawing Rs.2.5L for weddings
The Reserve Bank of India has issued a circular letting withdraw Rs.2.5 lakh for weddings.
22 Nov 2016
IndiaMonetary Policy Committee to rely on demonetization for rates?
After the sudden announcement of withdrawing nearly 85% of the economy's currency in circulation, industry experts predict that lesser cash availability might trigger a rate cut in the upcoming policy meet.
21 Nov 2016
Raghuram RajanRBI proposes 'Islamic window' in banks
The Reserve Bank of India proposed "opening of 'Islamic window' in conventional banks for gradual introduction of Sharia-compliant banking in the country."
19 Nov 2016
IndiaVillages in rural India have come to a standstill
Rural India that majorly relies on cash transactions has to a great extent come to a standstill after the government's announcement of demonetization on November 8.
