WION Evening News brief, 5 January 2018

The central bank has so far ordered corrective action for about 10 lenders, mostly due to their high bad loan ratios.

RBI puts Allahabad Bank under prompt corrective action

The International Monetary Fund (IMF) made these observations in its Financial System Stability Assessment (FSSA) for India

India needs to strengthen RBI's independence: IMF

WION Evening News Brief, December 20 2017

Heavy rainfalls, damage of perishable fruits and vegetables, rising crude oil prices, higher raw material cost, and risen wholesale prices - the inflation rate in India is likely to pass 4 per cent marked target of RBI for the month of November.

India's November inflation likely to exceed RBI's 4 per cent target

The RBI also kept the reverse repo rate unchanged at 5.75 per cent.

RBI keeps repo rate unchanged at 6 per cent

Bitcoin is a cryptocurrency or currency in the digital form similar to Paytm or BHIM

RBI warns users against the risks of virtual currencies like Bitcoin

The NSE Nifty too was quoting 28.30 points, or 0.27%, down at 10,099.45

Sensex slips 108 points ahead of RBI meet, on Asian cues

On Wednesday, after a two-day meeting, the RBI is likely to reiterate concern about inflation, as the annual rate increased to 3.58 per cent in October

Preview: RBI, wary on inflation, set to keep rates on hold

The Monetary Policy Committee headed by RBI Governor Urjit Patel will meet on December 5 and 6 for the Fifth Bi-monthly Monetary Policy Statement for 2017-18

RBI likely to keep interest rate on hold for second time in row

The prices of food articles, led by onions and vegetables, rose sharply

WPI inflation at 6-month high of 3.59%

'Specified Bank Notes are being processed in all earnest in double shift on all available machines (sophisticated counting machines),' the RBI said in reply to an RTI query

One year after demonetisation, RBI says returned notes still being counted

The clarification followed media reports suggesting the apex bank has not issued any such order

Mandatory to link bank accounts to Aadhar, clarifies RBI

The finance minister said demonetisation had succeeded in controlling black money in the economy, reducing the flow of cash, increased digitisation, and expanded the tax base

Demonetisation has succeeded in its objectives: Arun Jaitley hits back at Opposition

India's central bank said that out of 632.6 crore pieces of the Rs 1,000 currency notes in circulation, 8.9 crore were not returned

RBI says almost 99% demonetised currency returned, Chidambaram says 'shame'

This can be considered a serious security breach in India

Mumbai man has new Rs 50 note even before RBI released it

The base colour of the note is bright yellow and it has motif of the historical icon, the Sanchi Stupa on the reverse

Rs 200 note to be introduced by RBI today

The new Rs 200 currency will ease pressure on the the lower-denomination currency bills.

Government notifies new 200-rupee notes

The rate cut is the RBI's first easing move since one of the same size in October and the first by a central bank in Asia since December

RBI cuts repo rate by 25 bps to 6 per cent

In the first six months of 2016, Rs 150 million of fake currency went through the banking system of the country, says RBI

Indian banks are being used to circulate fake notes in the country

The decision to introduce Rs. 200 notes was taken by the RBI with the consultation of Finance Ministry in March

RBI to soon unveil new Rs 200 notes, printing order placed: Report

The new 10-year bond jumped as much as 11 basis points to 6.62 per cent in early trade, its highest level since June 7, from its close of 6.51 per cent

India bonds slump after RBI announces open market bond sale

The interest rate was unchanged at 6.25 per cent on Wednesday

RBI keeps key interest rate unchanged, cuts inflation projections

The stance could open the prospect of earlier interest rate hikes than expected by markets

RBI to target 4 per cent inflation

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