IndusInd Bank up over 2% as RBI allows FIIs to buy shares

Last Updated: Monday, September 7, 2015, 12:10

RBI in a release on September 4 said it has removed IndusInd Bank from its caution list, allowing foreign investors to buy further shares in the lender.

Sensex plunges 563 points; Rajan says don't be scared of markets volatility

Last Updated: Friday, September 4, 2015, 22:11

Stressing investors should not be scared of transient volatility in markets, India`s central bank governor Raghuram Rajan on Friday said the problems facing the global economy include low productivity and low investments with people saving more and spending less.

Raghuram Rajan urges world to hike rates; but not in a 'big bang'

Last Updated: Friday, September 4, 2015, 19:43

Rajan also said that the concerns about market volatility should not come in way of the decision of the central banks.

Rajan completes second year as RBI Governor: What are the expectations

Last Updated: Friday, September 4, 2015, 10:51

Raghuram Govind Rajan took charge as the 23rd Governor of RBI on September 4, 2013 for a three-year term.

Fire breaks out at RBI building in Mumbai

Last Updated: Friday, September 4, 2015, 09:59

A fire broke out in the Reserve Bank of India (RBI) building in suburban Bandra-Kurla Complex (BKC) on Friday.

RBI to issue Rs 5 coin on golden jubilee of 1965 Indo-Pak war

Last Updated: Thursday, September 3, 2015, 18:37

The Reserve Bank of India will shortly put into circulation Rs 5 coins to commemorate golden jubilee of Indo-Pak War 1965.

RBI to consider deflation while deciding interest rates: Sinha

Last Updated: Thursday, September 3, 2015, 15:13

RBI is scheduled to come out with its bi-monthly policy review on September 29.

Services sector improves further on new business orders: PMI

Last Updated: Thursday, September 3, 2015, 11:22

Services sector improved further in August as new orders received by private firms increased at the fastest rate in five months, says a survey.

India's business optimism falls to its lowest level since 2005

Last Updated: Thursday, September 3, 2015, 11:04

India`s services industry grew for a second month in August but optimism fell to its lowest level since late 2005.

Indian banks face broader capital challenges, says Fitch

Last Updated: Wednesday, September 2, 2015, 16:15

Fitch Ratings on Wednesday said that RBI declaring only ICICI Bank and SBI as Domestic Systemically Important Banks (DSIBs) reflects in part some of the broader capital challenges in India.

New Rs 1,000 notes with more security features on anvil

Last Updated: Wednesday, September 2, 2015, 09:55

The notes would come with the rupee symbol and inset letter 'L' with numerals in ascending size in number panels.

RBI for uniform methodology for calculating base lending rate

Last Updated: Tuesday, September 1, 2015, 23:36

To ensure effective transmission of its policy rate decisions by banks, RBI Tuesday proposed a uniform methodology for calculation of their base lending rates on the basis of marginal cost of funds.