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The RBI in its draft master directions issued on Thursday has proposed that lenders should label defaulting borrowers as 'wilful defaulters' within six months of an account turning non-performing asset (NPA).

Despite the RBI having categorised it as a priority sector, loans up to only Rs 30 crore are provided for renewable energy projects and a high-level Parliamentary panel has directed the Renewable Energy Ministry to pursue the…

RBI announced the launch of its much-awaited Central Bank Digital Currency (CBDC).

As the rupee continues with its downward trend against the dollar, touching 82.32 on Friday, Finance Minister Nirmala Sitharaman has said that she sees the phenomenon as dollar strengthening and not the Indian currency…

The Monetary Policy Committee of the Reserve Bank of India unanimously decided on Friday to raise the repo rate by 50 basis points (bps) to 5.4 percent with immediate effect, focusing on the withdrawal of accommodation. It…

Experts believe that the RBI may hike policy rates by 25-35 basis points for the third time in a row to combat high retail inflation, just days after the US Fed raised interest rates. The Fed has already stated that it will…

The Reserve Bank, on Monday, asked banks to put in place additional arrangements for export and import transactions in Indian rupees in view of increasing interest of the global trading community in the domestic currency.…

GARIMA SINGH Editor In Chief  On Wednesday, Reserve Bank of India presented its annual report (2017-2018), although through this report various crucial information’s came out in front of the nation, but also through the…

New Delhi , (ANI): Ahead of the Reserve Bank of India (RBI) policy today, there is little hope of a cut in the key policy rates from the apex bank in its first bi-monthly monetary policy for the new fiscal 2018-19, owing to…

New Delhi , (ANI): The Enforcement Directorate (ED) will on Tuesday begin attaching the properties of liquor baron Vijay Mallya, under Section 83 of the Criminal Procedure Code. Section 83 of the Criminal Procedure Code…