The Reserve Bank of India on Thursday projected an economic growth rate of 7.4 per cent for the next fiscal, up from 7.2 per cent estimated for
In a significant move, the RBI on Thursday lifted lending curbs on three out of 11 weak public sector banks (PSBs) as the central bank under new
RBI Governor Shaktikanta Das Wednesday said he will try to uphold the autonomy, credibility and the integrity of the “great
RBI Governor Urjit Patel resigned from his post earlier today. In a brief statement, Patel said he has decided to step down with immediate
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
Amid reports of its mounting tension with the RBI, the Finance Ministry Wednesday said the government has “nurtured and respected”
The Reserve Bank Friday unexpectedly maintained status quo on the benchmark interest rate but warned that volatile and rising oil prices, and
As much as 99.3 per cent of the junked Rs 500 and Rs 1,000 notes have returned to the banking system, the RBI said on Wednesday, indicating that
The Reserve Bank of India, for the second time in two months raised its benchmark interest rate by 25 basis points on inflationary concerns, a
The Reserve Bank on Wednesday retained the GDP forecast for the current fiscal at 7.4 per cent on robust corporate earnings and buoyant rural
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