The currency notes, except for banned Rs 500 and Rs 1,000, issued under old series continue to remain legal tender.
Rangarajan said there are questions about the deflator that has been used and also on data on company affairs.
Prime Minister Narendra Modi’s ruling Hindu nationalist Bharatiya Janata Party’s need for support from the RBI has become more imperative after the government lost five state elections, relinquishing power in three of them
Asian markets skidded as concerns over global growth and the protracted US-China trade dispute sapped risk appetite.
The RBI imposed, by an order dated 30 November, 2018, a monetary penalty of Rs 1 crore on Indian Bank for contravention of Circular on Cyber Security Framework in banks, the central bank said.
Urjit Patel's resignation came just days ahead of the 14 December meeting of the board of RBI that was to take up issues like governance in the central bank.
Urjit Patel succeeded Raghuram Rajan to the 19th floor corner office of the Mint Road, saw through the badly implemented demonetisation decision.
IMF chief economist supports RBI; says government should heed central bank's message on financial stability
The IMF's chief economist Maurice Obstfeld said he does not want politicians "manipulating" central banks for political ends.
Capacity utilisation measured by the RBI's OBICUS survey showed an increase from 73.8 percent in Q1 to 76.1 percent in Q2, higher than the long-term average of 74.9%.
Reserve Bank keeps interest rates unchanged, lowers inflation projection to 2.7-3.2% for H2 FY19 on normal monsoon
The RBI also retained the GDP growth projection for FY19 at 7.4 percent. For the first half of 2019-20, the GDP is been projected at 7.5 percent.
RBI-govt spat: Uneasy calm prevails as both sides seek to cool down temperatures, but rift far from over
At the RBI board meeting on that day, neither side actually blinked on the issue of transferring reserves from the RBI to the government’s accounts
Govt does not need money from RBI in next 6 months, says Arun Jaitley; 'respect autonomy' of central bank
Critics accuse the government of trying to undermine the RBI’s authority, but Finance Minister Arun Jaitley said his government respected the institution’s independence.
Expert panel to examine Reserve Bank of India's economic capital framework to be formed within a week
The government and the central bank will jointly decide on the members of the panel and the scope of the panel, the RBI said in a statement late on Monday.
Signalling a temporary truce, the Reserve Bank and the government on Monday agreed to refer to an expert committee the contentious issue of the appropriate size of reserves that the RBI must hold, while restructuring of stressed loans of small businesses would be considered by the central bank.
In September 2018, RBI sold $31 million of the US currency in the spot market on a net basis, as per the latest RBI data.
The officers have been provided special kits to help their banks extend more credit to MSMEs, while they have also been trained on behaviourial issues to deal with such borrowers with utmost care.
RBI vs Centre: Governor Urjit Patel meets Narendra Modi to discuss differences, resolve issues; media dubs it 'peace talks'
Amid the increasing rift between the Bharatiya Janata Party-led Centre and the Reserve Bank of India (RBI), governor of the central bank Urjit Patel is believed to have met with Prime Minister Narendra Modi last Friday. The RBI governor will not be resigning, sources privy to the matter have told CNBC-TV18.
RBI, FinMin should resolve differences; come together in national interest: Former NITI Aayog vice chairman Arvind Panagariya
The Finance Ministry and the RBI on several occasions in the past have witnessed divergence of views on key issues concerning interest rate, liquidity and management of the banking sector, but truce largely prevailed in the end.
RBI Board to meet on 19 November amid reported rift between government and central bank over certain key issues
It is a pre-scheduled and routine meeting of the central board of the RBI
RBI-govt rift: Finance Minister Arun Jaitley flays central bank for failing to prevent lending excess during 2008 to 2014
The tensions between the RBI and the central government were brought to light recently by deputy RBI governor, Viral Acharya last week