RBI cancels Sahara India Financial Corp's NBFC registration

Last Updated: Monday, September 14, 2015, 21:49

In a fresh jolt to Saharas, Reserve Bank has cancelled Sahara India Financial Corporation's certificate of registration as NBFC.

RBI to cut rates irrespective of Fed moves: Ind Ra

Last Updated: Monday, September 14, 2015, 19:17

RBI will consider slashing repo rate by 0.25 percent in its upcoming policy meet, irrespective of a rate hike by US Federal Reserve, Ind-Ra said Monday.

RBI consultant Gangadhar Darbha passes away in office

Last Updated: Friday, September 11, 2015, 23:12

Algorithmic trade specialist Gangadhar Darbha, who joined RBI as a consultant only last week, passed away Friday following cardiac arrest while at work at the central bank's headquarters here.

RBI likely to cut rate on falling inflation: Moody's

Last Updated: Friday, September 11, 2015, 18:45

Reserve Bank is likely to cut interest rate as the wholesale price-based inflation is expected to decline further to 4.3 percent in August, Moody's Analytics said Friday.

Rajan best man to decide on rates; better than Govt too: Rahul Bajaj

Last Updated: Wednesday, September 9, 2015, 18:23

"The best person in India today to decide (on rate cuts) is the present Governor of RBI... He knows better than the government, he wants to control inflation," Bajaj Auto Chairman said.

Low inflation regime to last longer: Gandhi

Last Updated: Wednesday, September 9, 2015, 00:24

The current regime of low inflation is likely to sustain for a longer period, Reserve Bank Deputy Governor R Gandhi said Tuesday.

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 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.

Govt asks RBI to reverse I-T deductions of Telangana

Last Updated: Monday, August 31, 2015, 23:04

Finance Ministry Monday asked RBI to reverse the Rs 1,274.21 crore income tax deductions it had made from the account of Telangana government saying the action was not in consonance with the "Principle of Cooperative Federalism".

RBI says SBI, ICICI Bank systemically important banks

Last Updated: Monday, August 31, 2015, 21:22

RBI Monday identified state-owned SBI and private sector ICICI Bank as systemically important banks and subjected them to higher levels of supervision to prevent disruption to financial services in event of any failure.

RBI official asks banks not to use govt capital to clean books

Last Updated: Monday, August 31, 2015, 19:04

A senior Reserve Bank official Wednesday said state-run lenders should use the capital received from the government to grow their credit books rather than clear their large pile of bad assets.