The World Bank on Sunday slashed its growth forecast for India's current fiscal year to 6%, down from 7.5%, warning that the "severe" slowdown could further weaken the country's stuttering financial sector.

World Bank slashes India's growth forecast to 6% for this fiscal year

Indian retail inflation probably reached a 12-month high in September, still leaving room for further interest rate cuts because it's expected to remain below the Reserve Bank of India's target, according to a Reuters poll.

India's inflation surged in September but won't 'bring tears' to RBI: Report

Shiromani Akali Dal (SAD) on Monday demanded that the Reserve Bank of India (RBI) should take over the operations of the Punjab and Maharashtra Co-operative Bank (PMCB) and the money of account holders should be given back to them.

Reserve Bank of India should take over Punjab Maharashtra Cooperative Bank, says Shrimoni Akali Dal leader Sirsa

The RBI's monetary policy committee on October 4, 2019, i.e. Friday announced the fifth consecutive rate cut this year to support government measures for boosting economic activity amid benign inflation. Watch this video to know more.

RBI Credit Policy: Central bank cuts rate by 25 bps to 5.15%

Equity benchmark indices reversed early morning trends and turned red on Friday afternoon after the Reserve Bank of India cut repo rate by 25 basis points to 5.15 per cent but also lowered its GDP growth forecast for the current financial year to 6.

Sensex turns red after RBI lowers GDP forecast to 6.1%

The monetary policy committee (MPC) of the Reserve Bank of India (RBI) on Friday has cut its benchmark repo rate by 25 basis points to 5.15 per cent, in the fifth straight interest rate cut.

Reserve Bank of India cuts repo rate by 25 bps,  from 5.40 per cent to 5.15 per cent

The Indian government may request an interim dividend of around 300 billion rupees ($4.3 billion) from the Reserve bank of India (RBI) in order to meet its fiscal deficit target, a leading business daily reported on Sunday citing news agency Press Trust of India (PTI).

Government may seek $4.3 billion interim dividend from RBI: Report

In a relief for Punjab and Maharashtra Cooperative (PMC) Bank customers, the Reserve Bank of India (RBI) on Thursday increased the withdrawal limit from Rs 1,000 to 10,000.

RBI increases withdrawal limit from Rs 1,000 to 10,000 for PMC Bank customers

The government and Reserve Bank of India (RBI) denied reports on Wednesday that the regulator is closing down at least nine commercial banks soon. "There are mischievous rumours on social media about RBI closing some banks," said Finance Secretary Rajeev Kumar.

Social media rumours of banks shutting down false: Reserve Bank of India

The Reserve Bank of India (RBI) has restricted activities of Punjab and Maharashtra Cooperative Bank (PMC Bank) for six months and asked it to not grant or renew any loans and advances, make any investment or incur any liability, including borrowing of funds and acceptance of fresh deposits.

RBI restricts activities of PMC Bank due to heightened risks

Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday said that there was no recession as of today in the global economy but there was a hostile environment to which India's external sector had shown great resilience and viability.

No recession in global economy, India's external sector shows great resilience, viability: RBI governor

Indian shares settled higher on Wednesday, ahead of key inflation data, with shares of Yes Bank Ltd witnessing its best session in over six months. The broader NSE Nifty ended 0.

Nifty, Sensex end higher; auto stocks among top gainers

The Reserve Bank of India on Thursday released its annual report wherein it stated that the number of frauds reported by banks has shot up by 15 per cent in the financial 2018-19 on a year-on-year basis.

Bank frauds climb 74% to Rs 71,543 Crore In FY19: RBI annual report

Will Surplus Transfer Hurt RBI's Financial Resilience? Is A Stimulus Package On The Cards?

Gravitas: RBI Transfers Rs. 1.76 Lakh Cr. Record surplus to Government

1. The Reserve Bank of India (RBI) has approved the surplus transfer of Rs 1,76,051 crore to the central government. Out of the total sum, Rs 1,23,414 crore was the surplus from the year 2018-2019 and Rs 52, 637 was from the surplus reserves, identified by the committee as per the revised Economic Capital Framework (ECF).

Reserve Bank of India to transfer surplus of Rs 1.76 lakh crore to government: Key points

Fixing India's weak growth has become the highest priority while a benign inflation outlook has given the central bank room to cut rates although transmission remains inadequate, monetary policy committee meeting minutes showed.

Fixing weak growth is highest priority: RBI policy minutes

The Reserve Bank of India (RBI) cut repo rate by 35 basis points to 5.40 per cent on Wednesday. Repo rate is the rate at which the RBI lends money to commercial banks.

RBI cuts repo rate by 35 basis points to 5.40%; loans to get cheaper

Indian shares were little changed on a volatile Wednesday as investors awaited the central bank's monetary policy decision, where it is expected to cut interest rates by 25 basis points.

Nifty, Sensex little changed ahead of RBI policy decision

Reserve Bank of India (RBI) has cut repo rate by 0.35% in its June policy. Watch this video to know more.

India: RBI cuts repo rate by 0.35%

Indian shares reversed early losses to trade higher on Tuesday, a day after the government scrapped the special status of long-disputed Kashmir, while investors awaited the central bank's monetary policy decision scheduled on Wednesday.

Nifty, Sensex edge higher ahead of RBI's policy outcome

The Supreme Court has given the central bank six weeks to report on whether WhatsApp had complied with data localisation norms as the Facebook-owned messenger gears up to launch a payments service in the country, a person involved in the matter said.

Supreme Court asks RBI to confirm WhatsApp's compliance with local data rules

The Indian government had 789.43 billion rupees ($11.47 billion) outstanding loans with the central bank under ways and means advances in the week ended July 12, according to the Reserve Bank of India's (RBI) weekly statistical supplement released on Friday.

Government's outstanding loans from RBI at 789.43 billion rupees in July 12 week

The central bank for all the world’s central banks - the Bank for International Settlements (BIS) - has gone on the offensive against unjustified criticism that a head-strong monetary policy of central banks was responsible for the global economic slowdown.

Union Budget 2019: Monetary policy not enough

The government is considering giving more powers to the central bank to regulate the struggling shadow banking sector, Finance Minister Nirmala Sitharaman informed Parliament on Monday.

Government considering more powers for RBI to regulate shadow banking sector

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