rbi

Low Inflation Rate may cost a lot for RBI

RBI is targeting an inflation at 4%, and the Consumer Price Index(CPI) based inflation for being at 2.18%, it seems…

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CBI raids NDTV Founder Prannoy Roy’s residence !

The Central Bureau of Investigation (CBI) today conducted raids at the residence of Founder and Executive Chairman of NDTV, Prannoy…

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RBI planning to come up with bank account number portability

In future, one can move the account from one bank to another without having to change the account number. RBI…

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RBI to issue Re.1 currency notes

The Reserve Bank of India (RBI) on Tuesday announced the introduction of currency notes in one rupee denomination, printed by…

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RBI asks banks to open ATM only after software update

RBI has directed banks to open and operate their ATMs only after machines receive a Windows update to protect them…

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IDBI Bank under watch over bad loans : RBI

The Reserve Bank has put IDBI Bank under watch by initiating Prompt Corrective Action against it, a move that will…

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With 6 lakh crore NPAs, PSBs will asked to auction stressed assets

In an ordinance approved by Cabinet that will empower central bank to amend the Banking Regulation law and which will…

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RBI to get power to act against loan defaulters

After being subjected to a lot of criticism regarding no action by RBI on loan defaulters and non performing assets,…

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RBI to issue Rs 5 and Rs 10 coins with new designs

The Reserve Bank of India will soon issue new Rs 10 and Rs 5 coins in the 125th year of…

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