In a significant development, the Reserve Bank for the first time in four-and-half-years raised key interest rate or the repo rate by 25 basis
The rupee was trading lower by 5 paise at 67.16 against the US dollar in early trade on Tuesday amid caution ahead of RBI’s policy decision
NITI Aayog Vice Chairman Rajiv Kumar urged the finance ministry and the Reserve Bank to work in ‘close coordination’, advocating a
Flagging current enforcement mechanism as not enough a major deterrent for the fraudsters, RBI Governor Urjit Patel sought more powers to deal
The Reserve Bank of India has come out with a revised framework for expeditious resolution of bad loans, harmonising the existing guidelines with
Finance Minister Arun Jaitley on Saturday said the fiscal situation should be comfortable next financial year and there are no worries at the
The Reserve Bank has opted for the widely expected status quo in key rates citing inflation concerns and flagged risks from wider fiscal deficit.
MDR charges for small merchants with an annual turnover of up to Rs 20 lakh has been fixed at 0.40 per cent with a cap of Rs 200 per transaction.
VP said some people are asking, what was the benefit if all the money had reached to banks. It was to get the entire money into the banks.
The Reserve Bank of India decided to keep its key interest rates unchanged on Wednesday. The decision was taken after a two-day meeting of
The Monetary Policy Committee (MPC), headed by RBI Governor Urjit Patel, has begun its two-day meet in Mumbai. At the end of the meeting on
Former Reserve Bank Governor Raghuram Rajan has dismissed any possibility of entering politics. There were reports of Rajan being offered Rajya
The Supreme Court has disposed of 14 petitions seeking its nod to deposit demonetised notes. It also asked a five-judge Constitution Bench to