Former RBI governor Urjit Patel wrote at least three letters to then finance minister Arun Jaitley in 2017 warning that allowing anyone other than the central bank to issue electoral bonds is fraught ...

The Reserve Bank of India (RBI) is in favour of fundamental changes to ease the flow of loans to micro-businesses through a public credit registry (PCR) instead of providing forbearances, deputy gover...

It is time for the winter session of Parliament. The Narendra Modi government can claim some achievements on the political front, such as the closure of the Ayodhya dispute with the unambiguous Suprem...

The Congress on Monday alleged that electoral bonds became instruments of anonymous donations bordering on 'opaque money laundering' and asked the Modi government to answer how many thousand crores we...

The Union government on Tuesday appointed Michael Debabrata Patra as the deputy governor of the Reserve Bank of India (RBI).Patra, executive director of the central bank, will replace Viral Acharya. L...

The Reserve Bank has flagged falling government revenue as a threat to the overall fiscal numbers — with tax and non-tax revenues lagging way behind targets — saying this along with weaker private...

The RBI on Tuesday said slowdown in the economy has hit bank credit even as it warned of “fault lines” in some private sector banks.In its report “`Trend and Progress of Banking in India 2018-19...

The finance ministry is considering a proposal to cut the tax rate on proprietorship and partnership firms to 25 per cent in line with last year’s budget decision to reduce the corporate tax for lim...

In a fresh twist to Jet Airways’ road to resolution, chairman Naresh Goyal has offered to invest up to Rs 700 crore in the carrier under the condition that his stake should not fall below 25 per cen...

The Bank of England has a new governor, chancellor Sajid Javid announced on Friday, and it’s not Raghuram Rajan, who held the equivalent job at the Reserve Bank of India from 2013 to 2016 and had at...