RBI

Mumbai, Sep 30: A day after a massive easing of key lending rates by the Reserve Bank of India (RBI), a barometer of the Indian equity markets provisionally closed with gains of 376 points or 1.46 percent on Wednesday. The Indian equity…

In a big relief to the home buyers and home owners, RBI Governor Raghuram Rajan has reduced the repo rate by 50 basis points to 6.75%, which means home loan and auto loan rates will get cheaper once the banks pass the benefits to the…

Mumbai, Sep 29: Ahead of the monetary policy update for this fiscal, wherein expectations are high over an interest rate cut, key Indian equity indices opened sharply lower on Tuesday as sentiments continued to be ruled by the weak global…

New Delhi, Sep 28: Dented by a general slowdown in consumer demand and a weak global growth outlook, India Inc expects to get a "booster dosage" of nearly 50 basis points worth of cut in key lending rates in the upcoming monetary policy…

Mumbai, Sep 25: India's foreign exchange (Forex) reserves rose by $631.5 million to $352.02 billion in the week ended September 18, official data showed on Friday. The reserves gained by $2.35 billion to rise to $351.38 billion in the…

Mumbai, Sep 25: India's foreign exchange reserves rose by $631.5 million to $352.02 billion in the week ended September 18, official data showed on Friday. The forex reserves gained by $2.35 billion to rise to $351.38 billion in the week…

Chenani, Sep 24: Increasing their ability to change ownership of borrowing entities under stress due to operational and managerial inefficiencies, the RBI on Thursday permitted banks to upgrade the loan accounts to "standard" class. In a…

Mumbai, Sep 18: Reserve Bank of India (RBI) Governor Raghuram Rajan on Friday said inflation should be kept low not only now but also in the future, adding that reforms are needed for sustainable growth. Rajan said at an event here that…

Lucknow, Sep 8: In a fresh setback to the beleaguered Sahara India Pariwar, the Reserve Bank of India (RBI) has cancelled the license of its holding company Sahara India Financial Corporation Limited (SIFCL), officials said on Tuesday.…

New Delhi, Sep 6: To check the menace of fake Indian currency, new notes, especially the Rs.1,000 and Rs.500 denominations, will have 7 new security features and a new numbering system, official sources here said on Sunday. The Reserve…