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Reserve Bank of India

RBI tweaks norms to help NBFCs refinance debt

Finance

02 November, 2018

RBI tweaks norms to help NBFCs refinance debt

The Reserve Bank of India (RBI) said late on Friday it would allow banks to partially stand-in as guarantors for ......

Why PM Modi wants to increase control over the RBI

Economy

02 November, 2018

Why PM Modi wants to increase control over the RBI

An incendiary speech by a top Reserve Bank of India (RBI) official last Friday blew the lid off an increasingly ......

Govt says RBI autonomy 'essential' amid reports that governor Urjit Patel may resign

Economy

31 October, 2018

Govt says RBI autonomy 'essential' amid reports that governor Urjit Patel may resign

The government stressed on Wednesday that the autonomy of the Reserve Bank of India (RBI) is "essential" as it sought to calm ......

Finance minister Jaitley slams RBI as rift between govt, central bank deepens

Economy

30 October, 2018

Finance minister Jaitley slams RBI as rift between govt, central bank deepens

India’s finance minister Arun Jaitley criticised the Reserve Bank of India (RBI) for failing to prevent lending excess in a ......

HDFC Bank gets RBI nod to retain Aditya Puri as CEO for two more years

Finance

29 October, 2018

HDFC Bank gets RBI nod to retain Aditya Puri as CEO for two more years

The Reserve Bank of India has allowed HDFC Bank managing director and CEO Aditya Puri to remain at the helm ......

RBI springs surprise by keeping repo rate unchanged, rupee tumbles to record low

Economy

05 October, 2018

RBI springs surprise by keeping repo rate unchanged, rupee tumbles to record low

The Reserve Bank of India (RBI) held interest rates unchanged at a policy meeting on Friday, sending the rupee tumbling to a ......

Sensex falls 2%, rupee hits new low as high crude oil prices weigh

Markets

04 October, 2018

Sensex falls 2%, rupee hits new low as high crude oil prices weigh

Indian shares plunged over 2 percent on Thursday, dragged by energy stocks such as Reliance Industries and oil marketers, while ......

India services activity drops to four-month low in September

Economy

04 October, 2018

India services activity drops to four-month low in September

Activity in India's dominant services sector eased to a four-month low in September on dwindling demand, while intensifying price pressures ......

Rupee drops below 73 for first time on high crude prices

Markets

03 October, 2018

Rupee drops below 73 for first time on high crude prices

The rupee dropped to a record low in opening deals on Wednesday as a sharp rise in global crude oil ......

Bandhan Bank shares slump 20% on RBI curbs

Finance

01 October, 2018

Bandhan Bank shares slump 20% on RBI curbs

Bandhan Bank Ltd shares plunged to their lowest since March debut on Monday after the central bank withdrew permission to ......