Central Bank

Showing of 41 - 60 from 161 results
Central Bank - Total results - 161
Reserve Bank of India to soon release new Rs 20 currency note with additional features
Business

Reserve Bank of India to soon release new Rs 20 currency note with additional features

The currency notes, except for banned Rs 500 and Rs 1,000, issued under old series continue to remain legal tender.

New RBI governor should follow his
Business

New RBI governor should follow his "dharma" to protect central bank's autonomy, says Rangarajan

Rangarajan said there are questions about the deflator that has been used and also on data on company affairs.

RBI board seeks more discussion on governance under new boss Shaktikanta Das
Business

RBI board seeks more discussion on governance under new boss Shaktikanta Das

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

Stocks finish with modest gains after choppy session amid crucial RBI board meet under new governor
Business

Stocks finish with modest gains after choppy session amid crucial RBI board meet under new governor

Asian markets skidded as concerns over global growth and the protracted US-China trade dispute sapped risk appetite.

RBI slaps Rs 1 cr fine on Indian Bank for violating cyber security norms
Business

RBI slaps Rs 1 cr fine on Indian Bank for violating cyber security norms

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 resignation: Reticent but independent-minded RBI governor who found his voice
Business

Urjit Patel resignation: Reticent but independent-minded RBI governor who found his voice

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 resignation: The vigilant owl flies out in protest, as the nest comes under attack
Business

Urjit Patel resignation: The vigilant owl flies out in protest, as the nest comes under attack

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
Business

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.

RBI monetary policy meet: Central bank follows the textbook prescription to buy time and react
Business

RBI monetary policy meet: Central bank follows the textbook prescription to buy time and react

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
Business

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
Business

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
Business

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
Business

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.

RBI board meeting outcome: Glad govt acknowledged independence of central bank, says P Chidambaram
Business

RBI board meeting outcome: Glad govt acknowledged independence of central bank, says P Chidambaram

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.

RBI net sells $18.66 bn between Apr-Sep 2018 against $16.30 bn it bought previous year
Business

RBI net sells $18.66 bn between Apr-Sep 2018 against $16.30 bn it bought previous year

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.

Reserve Bank of India trains 11,000 bank officers in 3,000 branches on MSME credit
Business

Reserve Bank of India trains 11,000 bank officers in 3,000 branches on MSME credit

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'
Business

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
Business

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-govt rift: Finance Minister Arun Jaitley flays central bank for failing to prevent lending excess during 2008 to 2014
Business

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