The six-member Monetary Policy Committee (MPC), headed by RBI governor Urjit Patel, began three-day deliberations Wednesday to decide on the key policy rates amid expectations that it would go for a 25 basis points hike to counter the impact of rising oil prices on inflation.

RBI rate-setting panel begins three-day meet, may hike repo rate on Friday

Rupee depreciation does not benefit exporters, instead, a stable currency is needed for long-term sustainable growth of India's international trade, industry body CII said Monday.

Stable currency needed to boost India's international trade: CII

RBI’s policy meeting, macroeconomic data announcements, and the trend in rupee and crude oil prices would set the tone for the stock markets in a holiday-shortened week ahead, say experts.

RBI policy, macro data key for stock markets in holiday-shortened week

The Reserve Bank of India (RBI) eased a mandatory liquidity rule on Thursday, by tweaking its liquidity coverage ratio requirements for banks. In a circular the RBI said it would allow banks to account for up to two percentage points more of government securities, held in their statutory liquidity ratio reserves, to help them meet liquidity coverage ratio norms.

RBI eases some cash requirement rules for banks

The SDR-rupee figure will be based on this rate, the statement added

RBI sets rupee reference rate at 67.3353 against dollar

The central bank hiked the benchmark lending rate for the first time in four-and-half-years on inflation concerns arising from a surge in international oil prices.

Sensex soars 276 pts even as RBI hikes rate

This was the first hike in over 4 years. The reverse repo rate is now 6.5%

RBI hikes repo rate to 6.25%, EMIs to get costlier

The RBI's Monetary Policy Committee began its three-day meeting yesterday amid speculation that it may hike the key interest rate for the first time in over four years on account of firming inflation

Sensex down 102 points in cautious trade

Benchmark Sensex tanked over 215 points to close at 35,011.89 on Monday as cautious investors trimmed their portfolios amid the RBI's monetary policy meeting getting underway

Sensex slumps 215 points; RBI policy meet gets underway

Jain was appointed as IDBI's MD and CEO of IDBI bank in April 2017 before which he was Managing Director & Chief Executive Officer of Indian Bank

Mahesh Kumar Jain appointed as Deputy Governor of RBI for three years

Earlier this year the government said banks' bad loans were worth more than $120 billion.

How strike by 1 million bank workers affected India on Day 1

The audits revealed by the Reserve Bank of India for the year ended March 31, 2017 showed that the banks were experienced large losses

RBI discovers Rs 47,000 crore bad loan at five biggest state-run banks

Thirteen state banks have reported combined losses of $8.6 billion for the year to March - including $6.5 billion in the last quarter

India state banks' bailout stumbles as losses mount

The CBI has made the allegation in its charge sheet. It added that other than the MD and CEO Usha Ananthasubramanian, other senior officials of the bank were also in the know

Former PNB MD knew of Nirav Modi scam but 'kept misleading' RBI, says CBI

The Reserve Bank of India's medium-term target is 4 per cent

Retail inflation inches up for first time in four months

The Nikkei Manufacturing Purchasing Managers' Index rose to 51.6 last month from March's 51.0 and above the 50-point mark that separates growth from contraction for a ninth straight month

India's factory growth accelerates in April on strong domestic demand

Currency withdrawals in the January-March quarter stood at 1.4 trillion rupees, about 27 percent more than in the same quarter of 2016

RBI data suggests Indians may have gone back to hoarding cash

Indian-origin Baroness Shriti Vadera could also be a candidate for the post

Raghuram Rajan could be next Bank of England Governor

'Several factors are expected to help accelerate the pace of growth in 2018-19. There are now clearer signs that the revival in investment activity will be sustained,' he said

India's pace of growth to accelerate in 2018-19: RBI governor

A day after claiming that there was Rs 70,000-crore cash shortfall in the system, SBI Reseach termed the ongoing shortage in cash supplies as 'superficial', citing a decline in cash withdrawals from ATMs in the March quarter over the previous quarter

SBI research says cash crunch superficial citing fall in cash withdrawals

Finance minister Arun Jaitley said that he had reviewed the currency situation in the country

No currency shortage, sufficient cash available in vaults, assures RBI

Proper implementation of the Goods and Services Tax (GST) in India can be worked upon and is not an 'unfixable problem', former RBI governor Raghuram Rajan has said, reiterating that demonetisation was 'not a well-planned, well thought-out' move

Implementation of GST not 'unfixable' problem: Ex RBI governor Raghuram Rajan

The SIT called cryptocurrencies 'illegal' & asked probe agencies such as the I-T department, the ED, and the NCB to detect and stop their usage.

After RBI's no to cryptocurrency, the SIT on black money orders clamp down on them

RBI directs banks and regulated entities not to deal in or provide services to individuals or businesses dealing in virtual currencies

RBI planning on introducing digital currency

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