After raising the MSME credit issue, the government is likely to pitch for stress in the real estate sector in the RBI’s next board meeting scheduled on December 14.
Govt, RBI board meet: After an unprecedented power tussle over the last few weeks, government and RBI, in a 9-hour long board meeting on Monday, appeared to have reached a common ground on providing relief to MSMEs and easing
Clearing stand on the issue of RBI's surplus transfer, Principal Economic Adviser Sanjeev Sanyal on Friday said these reserves should be a legitimate area of discussion and discussed at the board level, even as the tussle bet
Even as the ongoing tug of war between the RBI and government escalates, with Deputy Governor Viral Acharya recently calling for independence of the central bank, pressure on RBI to ease credit to small firms and relax lendin
Firms such as Mastercard, Visa and American Express have in recent months met with Indian policymakers, including Finance Minister Arun Jaitley, to push for an extension of the RBI's deadline.
Even as the domestic currency rupee plunged to a record low, and fell below the 74-mark against the USD for the first time ever, RBI governor Urjit Patel said that rupee fall is moderate in comparison to emerging markets pe
RBI Monetary Policy: Contrary to street expectations, the Reserve Bank of India’s monetary policy committee (MPC) kept repo rate unchanged at 6.5%, while turning hawkish in its stance. We take a look at key resons behind RB
RBI Monetary Policy Announcement Time Today: Reserve Bank of India will release this year’s fourth bi-monthly monetary policy review statement with a decision on repo rate today, after a three-day meeting of the RBI MPC.
RBI Monetary Policy October HIGHLIGHTS: The Reserve Bank of India today kept the repo rate unchanged at 6.5%, surprising the market, which had widely expected a rate hike of 25 basis points.
RBI Monetary Policy: Equity investors are expecting an increase in borrowing costs and want to have plenty of money to deploy when it’s time to invest again.
RBI Monetary Policy: A day before the MPC decision, the rupee hit a new low of 73.76 against US dollar, while crude oil prices were at a 4-year high of $86 a barrel.
RBI has also continued to infuse liquidity through open market purchase of government securities, fiscal year-till date RBI has purchased Rs 50,000 crore worth of government bonds.
In a major crackdown for FEMA violations and KYC lapses, the RBI has imposed Rs 27-crore penalty on 13 public and private sector banks, including PNB and HDFC Bank, while asking eight others including SBI and ICICI Bank to en
