Reserve Bank

Ramalinga Reddy accuses Centre of misusing various agencies to target Opposition leaders, terms DK Shivakumar’s arrest ‘politically motivated’

Former Karnataka home minister Ramalinga Reddy accused Prime Minister Narendra Modi-led central government of misusing various agencies to target Congress leader DK Shivakumar and others

RBI annual report: Central bank's contingency fund plunges to Rs 1.96 lakh crore post-record payout to govt

RBI board has decided to transfer the excess reserves to the government based on the Bimal Jalan committee report on the appropriate economic capital framework

Reserve Bank permits processing of e-mandate on credit and debit cards for recurring transactions

The RBI has been receiving requests from industry stakeholders to allow processing of e-mandate on cards for recurring transactions

RBI Monetary Policy August 2019: Central bank keeps retail inflation projection within target for next 12 months

The target for second half of 2019-20 has been set at 3.5-3.7 percent with risks evenly balanced, the RBI said in the monetary policy review in Mumbai

ICICI Bank lowers lending rates by 10 bps; decion to make all the loans cheaper

ICICI Bank has cut its marginal cost of funds based lending rate (MCLR)across all tenors by 0.10 percent, they said adding the new rates are effective immediately

Bimal Jalan panel on RBI's capital size again defers report submission deadline till Budget next month

The six-member panel, under former RBI governor Jalan, was appointed on 26 December, 2018, to review the Economic Capital Framework (ECF) for the RBI

Viral Acharya resigns as RBI Deputy Governor: A strong believer in the central bank's independence and autonomy

Viral Acharya has quit six months before his three-year term as the deputy governor in charge of the monetary policy department ends

Forex trading platform for retail participants ready for rollout on 5 August: Reserve Bank

RBI said no transaction charges will be levied by the CCIL on transactions of customers if the transactions do not exceed $50,000 per day

RBI constitutes high-level committee under IBA Chief Executive VG Kannan to review ATM charges

The use of automated teller machines (ATMs) has been growing significantly and there have been persistent demands to change ATM charges and fees

RBI's norms to give more headroom and flexibility to lenders to resolve big ticket NPAs: Report

RBI came out with a revised prudential framework for resolution of stressed assets after its February 2018 circular in this regard was struck down by the Supreme Court.