The Central Statistical Office (CSO) has released the data about the GDP for the third quarter. The important facts from the data are: Indian economy decelerated at a...
The Union Cabinet headed by Prime Minister Narendra Modi has approved the Rs1,450 crore for the share capital of Reserve Bank of India in the National Housing Bank...
The Reserve Bank of India (RBI) has constituted a panel under the former deputy governor Usha Thorat to examine issues related to offshore rupee markets and recommend policy measures...
Reserve Bank of India (RBI) and Bank of Japan have signed a bilateral swap agreement. The agreement was negotiated during the visit of Prime Minister Narendra Modi to...
The Reserve Bank of India (RBI) has removed three banks, Dhanlaxmi Bank, Allahabad Bank and Corporation Bank from the PCA framework by moving them out of its weak-bank...
The Reserve Bank of India (RBI) will transfer Rs 28,000 crore as interim dividend to the government. RBI had already transferred Rs 40,000 crore to the government in...
The Reserve Bank of India (RBI) has withdrawn the earlier order which stipulated a 20% limit on investments by FPIs in Corporate Bonds. Why the limit was imposed...
The Reserve Bank of India (RBI) has recently raised the limit for collateral-free agriculture loans to Rs 1.6 lakh from Rs. 1 lakh to enhance coverage of small...
The Reserve Bank of India has exercised its powers conferred under Section 47A of the Banking Regulation Act of 1949 & imposed a penalty of Rs 1 crore...
The six-member Monetary Policy Committee (MPC), headed by RBI Governor Shaktikanta Das, announced the sixth bi-monthly monetary policy statement for 2018-19. In it, the RBI has cut the...
