RBI

Sensex, Nifty & Rupee on a Free Fall! Markets Tank After RBI Governor Resigns and Congress Leads in 2018 Assembly Elections Results

The BSE Sensex opened with 324 points down at 34,365 at 9.15 when the opening rang on December 11.

Manmohan Singh Says Urjit Patel's Resignation as RBI Governor a 'Severe Blow to the Nation’s Economy'

Former Prime Minister Dr Minister Manmohan Singh in his statement said that the decision comes at a point when the Indian economy is faced with many headwinds and expressed sadness over the issue.

Urjit Patel's Resignation is Part of His Fight to Save RBI, Says Rahul Gandhi

Patel's resignation came days after the rift between the RBI and the Finance Ministry escalated over sharing the central bank's corpus funds.

RBI Deputy Governor Viral Acharya Resigning After Urjit Patel News Proved Fake, Twitter Goes Berserk

The news proved to be false and it was later clarified by the RBI that Viral Acharya had not resigned, as being claimed on Twitter.

Who Will be the Next RBI Governor as Urjit Patel Resigns? Here are 3 Likely Contenders

Patel's shock departure comes in the backdrop of an escalated row with the Finance Ministry over the sharing of central bank's surplus funds.

Urjit Patel Resigns as RBI Governor Citing 'Personal Reasons'

Patel, who was the 24th Governor of Reserve Bank of India, was having a strained relation with the government for some time now but cited 'personal reasons' as the motive behind resigning.

Inflation to Stay at 2.7-3.2 Per Cent in H2 of 2018-19, Says RBI

Assuming a normal monsoon in 2019, the Reserve Bank of India (RBI) on Wednesday said that inflation is likely to stay in the range of "2.7-3.2 per cent in H2 of 2018-19 and 3.8-4.2 per cent in H1 of 2019-20, with risks tilted to the upside."

Home, Auto Loan Rates to go Down? RBI Comes up With New Norms For Pricing of Bank Interest Rates

The new norms are applicable for new floating rate personal or retail loans (housing, auto) and floating rate loans to micro and small enterprises (MSMEs) by banks.

RBI Keeps Repo Rate Unchanged at 6.5 %, Reserve Repo Rate at 6.25% in Monetary Policy Review

The monetary policy committee of Reserve Bank of India (RBI) today kept its repo rate, for the short term, unchanged at 6.5 percent. The RBI raised the repo rate by 50 base points in August this year.

Digital Banknote to be Launched by RBI Soon; Know Everything About Paperless Currency

The RBI constituted an inter-departmental group to explore the feasibility of introducing a rupee-backed digital currency.

RBI Likely to Maintain Repo Rate in Wednesday's Review

The RBI is expected to keep its key interest rate unchanged at its penultimate monetary policy review of the fiscal on Wednesday at a time when inflation - the central bank's key concern - has softened, as has GDP growth, according to the figures for the second quarter ending in September.

Live Breaking News Headlines & Updates, November 30, 2018: G20 Summit | PM Narendra Modi Interacts With Global Leaders

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Post-Demonetisation Currency Notes Becoming 'Unusable' Due to 'Low-Quality Paper' Used: Report

Apart from the higher currency notes, the Rs 10 notes issued earlier this year are also being tagged as 'unusable' by commercial banks.

RBI to Inject Rs 40,000 Crore Liquidity in December

Yielding to the liquidity concerns raised by the government, the Reserve Bank of India (RBI) on Tuesday said it will "inject durable liquidity" of Rs 40,000 crore through open market operations (OMOs) in December.

Live Breaking News Headlines & Updates, November 27, 2018: Sabarimala Row | Activist Rehana Fathima Suspended from BSNL on Charges of Hurting Religious Sentiments

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Government Does Not Need Extra Funds from RBI to Meet Fiscal Deficit Target: Arun Jaitley

Finance Minister Arun Jaitley has said the government does not need any extra funds from the Reserve Bank or any other institution to meet the fiscal deficit target.

Government Destroyed MSMEs, Now Wants RBI to Revive it: P Chidambaram

Picking on Prime Minister Narendra Modi's remarks that demonetisation was a "bitter" medicine to get rid of black money, Congress leader P. Chidambaram on Wednesday said it destroyed the Micro, Small and Medium Enterprises (MSME) and now the government wanted RBI to revive the sector.

Live Breaking News Headlines & Updates, November 20, 2018: Tensions in Mirzapur After Communal Row on Eid-e-Milad

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