Reserve Bank of India Deputy Governor Viral Acharya has put in his papers about six months ahead of the completion of his term.

RBI Deputy Governor Viral Acharya quits

The Indian economy has been clearly losing traction and needs a decisive monetary policy to promote growth, said Reserve Bank of India Governor Shaktikanta Das while voting for a 25 basis points (bps) rate cut along with other five members at the MPC meet earlier this month.

Economic activity clearly losing traction: RBI Governor Shaktikanta Das at MPC meet

Finance Minister Nirmala Sitharaman on Wednesday held a preparatory meeting for the upcoming G20 summit slated to be held in Osaka and Japan on June 28 and 29. Commerce Minister Piyush Goyal, Telecom Minister Ravi Shankar Prasad, External Affairs Minister S Jaishankar and RBI Governor Shaktikanta Das attended the meeting.

Nirmala Sitharaman holds preparatory meeting for upcoming G20 summit

The Reserve Bank on Friday asked banks to ensure their ATMs are grouted to a wall, pillar, or floor by September-end, except those installed in high secured premises such as airports, to enhance the security of the cash vending machines.

RBI asks banks to grout ATMs to wall, pillar or floor to enhance security

The Manipur government is facing an acute financial crisis. At the root of this crisis is the Reserve Bank of India (RBI) which monitors and controls the banking system in India.

Overdraft haunts Manipur government, employees to suffer

The Reserve Bank of India(RBI) today cut repo rate for the third consecutive time this year to 5.75 per cent from the current 6 per cent amid falling economic growth and uncertain global scenario.

RBI cuts repo rates to boost growth; lowers GDP growth forecast to 7% in FY20

The BSE benchmark Sensex plunged 554 points Thursday, dragged down by losses in banking, energy and capital goods stocks even as the RBI cut the policy rate to shore up growth.

Sensex dives 554 points despite RBI rate cut; financial stocks crack

In a move that may lead to lower home, auto and other loan EMIs, the RBI Thursday cut interest rates for the third time this year by 25 basis points to their lowest level in nine years and signalled more easing as it looked to support an economy growing at the slowest pace since the BJP first came to power in 2014.

RBI cuts interest rates to 9-year low, expects banks to quickly lower home, auto loan EMIs

The Reserve Bank of India is likely to cement its position as Asia’s most dovish central bank with a third straight interest-rate cut Thursday. The six-member monetary policy committee led by Governor Shaktikanta Das will reduce the repurchase rate by 25 basis points to 5.75 per cent on Thursday, say 31 of 43 economists

WION Wallet: RBI cuts repo rate by 25 bps to 5.75%, Changes policy as GDP slows to 5-year lowv

The Reserve Bank of India (RBI) Monetary Police Committee Thursday unanimously cut repo rate — the rate at which it lends to banks — by 25 basis points from 6 per cent to 5.75 per cent.

RBI slahes Repo rates again; cuts by 0.25%

The Reserve Bank will issue a revised circular on bad loan recognition within the next three-four days, replacing the February 12 circular that was struck down by the apex court.

New NPA resolution norms in 3-4 days: RBI Governor Shaktikanta Das

India Ratings and Research (Ind-Ra) said on Wednesday that an interest rate cut by the Reserve Bank of India (RBI), which is almost certain in the second bi-monthly monetary policy statement for 2019-20, is unlikely to stimulate demand in the near-term due to the absence of quick resonance in the financial market.

Reserve Bank of India's interest rate cut in monetary policy unlikely to stimulate growth: Report

Domestic equity benchmarks BSE Sensex and NSE Nifty opened on a cautious note Tuesday as investors await RBI's monetary policy decision, amid weak cues from global markets.

Sensex, Nifty start on a cautious note as investors await RBI's monetary policy decision

The benchmark BSE Sensex rallied over 200 points in early trade Monday driven by gains in financial stocks ahead of the Reserve Bank's bi-monthly policy review. The 30-share index was trading 203.

Sensex jumps over 200 points ahead of RBI policy meet

Odisha Information and Public Relations secretary said that the government has provided enough food to the cyclone-affected districts Puri and Khordha. "We have given around 3500 quintals of dry food in Puri and Khordha districts.

Cyclone Fani: Officers hold review meeting, provide food in affected areas of Odisha

The Model Code of Conduct for the Lok Sabha polls is unlikely to have any bearing on the issuance of a revised framework for resolution of stressed assets by the Reserve Bank and the guidelines are expected to be announced before May 23, sources said.

RBI's revised guidelines for resolution of stressed assets likely before May 23

The Reserve Bank of India (RBI) has exited the National Housing Bank (NHB) and the National Bank for Agriculture & Rural Development (Nabard), by selling its entire stake to the government for Rs 1,450 crore and Rs 20 crore, respectively, making them fully government-owned.

Reserve Bank of India sells entire stake in National Housing Bank, Nabard to govt for Rs 1,470 cr

Even as its petition is pending at the NCLAT seeking a review of the ban on banks classifying the IL&Fs accounts as NPAs, the Reserve Bank Wednesday directed lenders to disclose their exposure to the bankrupt infra lender in their forthcoming earnings announcements.

RBI asks banks to disclose IL&FS provisions in Q4 accounts

The Reserve Bank of India (RBI) said on Saturday it has not issued any direction with regard to a five-day a week working for commercial banks. "It has been reported in certain sections of the media that commercial banks would have a 5-day week in terms of RBI instructions.

No 5-day a week in commercial banks: RBI

Observing that the global financial crisis has exposed several limitations of conventional and unconventional monetary policy tools, Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said monetary economics in emerging markets needs a rethink.

Monetary economics in emerging markets needs a rethink, says RBI Governor

The Delhi High Court on Wednesday asked the Reserve Bank as to how was GPay, Google’s mobile payment app, facilitating financial transactions without its authorisation.

How is 'Google Pay' operating without authorisation: Delhi high court asks RBI

Union Minister of Railways and former Finance Minister Piyush Goyal on Friday expressed his happiness over the rate cuts announced by the RBI. He also praised the RBI Governor Shaktikant Das.

Piyush Goyal 'glad' over RBI governor 'making right moves'

The Reserve Bank of India(RBI) today cut benchmark lending rate by 0.25 per cent to 6 per cent. The decision came as a relief for home loan buyers. The RBI maintained a neutral stance on the monetary policy.

RBI cuts lending rate by 0.25 per cent to 6 per cent; projects GDP growth for 2019-20 at 7.2%

India's Supreme Court on Tuesday quashed a Reserve Bank of India circular on resolving bad debt, providing relief for some major corporate defaulters but throwing the country's still nascent bankruptcy regime into question.

Supreme Court quashes RBI directive on resolving bad debt

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