Higher expenditure on salaries and farm loan waivers, coupled with a revenue shortfall on GST implementation, led to a slippage of 0.35 per cent
The finance ministry, on Thursday, said the fresh revelations under the ‘Panama Paper Leaks’ are being looked into by the Multi
Within a day of RBI hiking the key lending rate, banks started to raise interest rates which will increase EMIs for auto, home and business
Sensex surged 577 points to end at 33,597 on Thursday after the RBI kept the policy rate unchanged and lowered the inflation forecast. The
The Reserve Bank of India has come out with a revised framework for expeditious resolution of bad loans, harmonising the existing guidelines with
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
Former Reserve Bank Governor Raghuram Rajan has dismissed any possibility of entering politics. There were reports of Rajan being offered Rajya
Bankers however are of the view that the Reserve Bank of India (RBI) would maintain status quo as inflation has risen.
A top official of RBI said: 'Right now, we have a group of people who are looking at fiat cryptocurrencies. Something that is an alternative to
Chidambaram tweeted: "RBI 'gained' Rs 16000 crore, but 'lost' Rs 21000 crore in printing new notes!"
As much as 99 per cent of the junked Rs 500 and Rs 1,000 notes have returned to the banking system, RBI said today, prompting the opposition to