RBI governor Urjit Patel quits citing 'personal reasons', leaving the autonomy of the central bank in doubt...

Urjit Patel, with a tenure of around 50 months, will be remembered for his crackdown on defaulters ...

The CAD for the 2nd quarter of 2018-19 was $19.1bn, against $6.9bn in the same quarter of 2017-18...

Borrowers can look forward to cheaper loans if the consumer price index stays at 4%...

The development comes at a time competitors such as Google have forged ahead with their payments offerings...

Relaxation on the minimum holding period will be allowed when the NBFC retains 20% of the book value of these loans...

Central bank releases data showing increase in credit flow, Delhi seeks break-up citing NBFC crisis...

The RBI governor, facing a 31-member parliamentary committee, steered clear of controversial issues...

Demonetisation and RBI reforms were among the matters that he briefed the panel on...

Centre feels the RBI has more reserves than required on its balance sheet and a revised framework should be in place to determine this amount...