Reserve Bank of India (RBI)

Mumbai:  The Reserve Bank of India (RBI) has debarred chartered accountants Haribhakti and Co LLP from undertaking any type of audit assignments in any of the entities regulated by it for a period of two years with effect from April 1,…

New Delhi:  The Central government, in consultation with the Reserve Bank of India (RBI), has finalised its borrowing programme for the second half (H2) of FY 2021-22. Out of gross market borrowing of Rs 12.05 lakh crore projected for…

New Delhi: Prospects have brightened for India's economy as the impact of second Covid wave wane and aggregate demand gains firmer ground, the Reserve Bank of India (RBI) said in its monthly Bulletin for August 2021. The central bank…

Mumbai:  The Reserve Bank of India (RBI) has extended restrictions on People's Co-operative Bank Limited, Kanpur, for a further period of three months from September 11 to December 10. The bank has been under restrictions since June 10,…

Mumbai:  The Reserve Bank of India (RBI) has imposed a penalty of Rs 25 lakh on Axis Bank for violation/non-compliance of Know Your Customer (KYC) regulations. The penalty has been imposed in exercise of powers vested in the RBI under…

Mumbai:  The Reserve Bank of India (RBI) will fine tune liquidity operations from time-to-time, when needed, Governor Shaktikanta Das said on Tuesday. Addressing the FIMMDA-PDAI Annual Conference, he said that the Reserve Bank will…

New Delhi:  The Reserve Bank of India (RBI) has appointed Ajay Kumar as Executive Director (ED). An RBI statement on Thursday said that the appointment came into effect from August 20. Prior to being promoted as ED, Kumar was heading…

New Delhi: The months of May, June and July gave a fierce glimpse of the natural disasters - cyclones on east and west coast, excess rainfall, floods and cloudbursts - that reigned havoc in India and are set to increase in frequency and…

Mumbai:  Although transmission of deposit and lending rates has significantly improved in recent times, several factors continue to obstruct effective monetary transmission to these bank rates, the Reserve Bank of India (RBI) has said.…

Mumbai:  Although the Indian economy is poised to recover and witness positive growth in the current fiscal, the Reserve Bank of India (RBI) has said that there will be "substantial slack" in it. The RBI Bulletin for July 2021 noted that…