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...

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 ...

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...

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 Reserve Bank of India (RBI) on Thursday cut the policy repo rate by 25 basis points to 6 per cent, a move that could result in lower interest rates for home and other loans amid growing fears over...

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...

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...

Shortfalls are also expected as the government will most probably miss divestment and spectrum sale targets. However, the finance ministry has maintained that the Centre will be able to meet its fisca...

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...