The Reserve Bank of India has decided to align its financial year with the government’s April-March financial year from 2020-21 and the central bank is “internally reviewing” its monetary policy...

The Centre has had a windfall gain of Rs 1.76 trillion arising from the Reserve Bank of India’s decision to transfer its entire surplus in its income statement and a substantial portion of the “ex...

Union finance minister Nirmala Sitharaman bristled with anger on Tuesday when asked to respond to Congress leader Rahul Gandhi’s accusation that the Modi government had looted the RBI’s vaults of ...

Union finance minister Nirmala Sitharaman on Tuesday asked the tax authorities to observe a “bit of restraint” and not to “overreach” while collecting tax. Sitharaman was speaking to reporters...

The Reserve Bank of India on Monday decided to transfer a record Rs 1.76 lakh crore to the Centre — a cash windfall that will enable finance minister Nirmala Sitharaman to crank up federal spending ...

The board of the Reserve Bank of India (RBI) will consider the Bimal Jalan committee report on Monday when it meets to approve the financials for the year ended June 30, 2019. The RBI follows a July-J...

The Bimal Jalan- panel to assess the optimum size of capital with the RBI will soon submit its report to governor Shaktikanta Das. The committee met for the last time on Wednesday.Sources said the rep...

The Bimal Jalan-panel, which is looking into the size of the capital reserves the RBI should hold, failed to submit its report on Wednesday because of differences in opinion, officials said.The six-me...

The RBI will issue a new set of guidelines for bad loan resolution, replacing the February-12 circular that was quashed by the Supreme Court, “within the next three-four days”, governor Shaktikant...

A six-member panel looking into the appropriate capital reserves the Reserve Bank of India (RBI) should maintain is likely to submit its report by June.The committee, headed by former RBI governor Bim...