Michael Debabrata Patra has been appointed deputy governor of the Reserve Bank of India (RBI), according to a Personnel Ministry order. He has
The Reserve Bank of India on Thursday amended the Know Your Customer or KYC guidelines to allow banks, lending companies and fintech startups to
The Reserve Bank on Thursday unexpectedly kept benchmark interest rates unchanged on concerns of headline inflation breaching its medium-term
In further relief to customers of troubled Punjab & Maharashtra Cooperative (PMC) Bank, the Reserve Bank on Monday enhanced withdrawal limit
In a setback to Indiabulls Group’s plans to enter the banking space, the Reserve Bank on Wednesday rejected the proposed merger of
The ED on Friday raided six locations in Mumbai and adjoining areas and registered a money-laundering case to probe alleged fraud in the Punjab
The Reserve Bank on Friday cut its key rates by 0.25 per cent to boost economy from six-year low saying reduction was necessary to revive growth.
The Reserve Bank on Tuesday assured the general public that the Indian banking system is safe and stable and there is no need for panic based on
Vice President M Venkaiah Naidu and Reserve Bank of India Governor Shaktikanta Das on Monday discussed issued related to agriculture credit, crop
In a relief to the harried customers of crisis-hit Punjab & Maharashtra Cooperative Bank, the Reserve Bank on Thursday increased the cash
Retail inflation eased marginally in July to 3.15 per cent over the previous month despite costlier food items, said a government data released
The Reserve Bank of India (RBI) on Wednesday cut interest rate by a rare 35 basis points — the fourth successive reduction — to a
The Reserve Bank on Wednesday said all data related to payments, including those processed abroad, must be stored only in India, notwithstanding
The Reserve Bank on Friday issued a new framework for resolution of bad loans, replacing the previous norms quashed by the Supreme Court in