Reserve Bank of India governor Urjit Patel on Tuesday said the impact of demonetisation on the economy was “transient” even as he steered clear of controversial issues, including specific question...

RBI governor Urjit Patel on Tuesday appeared before a parliamentary panel to brief members on demonetisation and the NPA situation in public sector banks, among other issues, sources said.Patel was ea...

The Centre may pitch for transferring part of the contingency funds held by the RBI even as the two negotiate over the formation of a panel that will examine the level of reserves to be maintained by ...

Almost half of the country’s ATMs are facing closure — as early as by March next year — as the privately operated service providers of these cash dispensers are concerned over the rising costs o...

Retail inflation is likely to have risen to a near six-year peak in January as food prices stayed high, according to a small majority of economists in a Reuters poll, which may persuade the RBI to kee...

After leaving benchmark interest rates rates unchanged in the second consecutive policy review, RBI governor Shaktikanta Das on Thursday said the central bank has many other instruments to address the...

RBI’s move to infuse liquidity through a dollar rupee swap action had its impact on the markets with financial stocks gaining even as government security prices witnessed some softness on apprehensi...

The Bombay high court on Tuesday declined to give any interim relief to Kotak Mahindra Bank in its dispute with the Reserve Bank of India (RBI) over the latter’s direction to pare promoter's holding...

The Reserve Bank of India’s central board of directors had in November 2016 disagreed that the demonetisation would achieve the government’s stated objectives but approved the move “in public in...

In a late-evening statement, the lender said savings bank deposits with balances of over Rs one lakh will be linked to the repo rate. It currently offers an interest rate of 3.50 per cent on such depo...