With all eyes rivetted on Governor Raghuram Rajan and whether he will get a second term or not, the Reserve Bank of India (RBI) monetary policy review outcome has, curiously, acquired secondary importance – surprisingly, to
The Reserve Bank is expected to keep key rates unchanged in the next policy meeting on June 7, but might lower rates by another 50 bps during the current financial year, says a report by Morgan Stanley.
RBI today said exporters can be put on a "caution" list in case the trader is not making any efforts for realisation of export proceeds or on the recommendation of investigative agencies like ED and CBI.
Having quit his low-paid job with a contractor in Qatar, electrician Kurian Joseph scrabbles for work each day in his hometown in Kerala, a southwestern state that has one of India's highest unemployment rates.
Reserve Bank of India (RBI) deputy governor SS Mundra on Monday said the central bank is examining whether to issue regulatory directions with regard to limiting liability of customers on fraudulent transactions arising out o
Seeking to clear the air over Rs 570 crore cash seized by poll officials in Tamil Nadu, RBI today told the Madras High Court that it was being transferred as part of regular money movement under currency management function.
Wholesale price inflation turned positive after a gap of 17 months, rising 0.34% year-on-year in April against -0.85% in the previous month, as food and manufactured items turned dearer while deflation in fuel products narrow