The Bimal Jalan Committee-recommended surplus transfer by the Reserve Bank of India (RBI) has offered a much-needed respite to the Centre, in the current fiscal. Excluding the Rs 28,000 crore interim ...

RBI's latest release on banknotes issued to public till December 19, has brought in many questions. Parliament reply is the only place where the government has given a break up of the high ...

Central banks are not profit-making institutions. Nevertheless, they earn profits that are incidental to the nature of operations performed by them. (Image: IE) Central banks are not profit-making ...

Despite much criticism, the Reserve Bank of India (RBI) has failed to give a credible account of the new notes supplied to the public. In its latest press release on Wednesday, the RBI said it had ...

MUMBAI (Reuters) - Some Reserve Bank of India (RBI) officials are worried that a populist budget could put the onus of driving growth on them but limit their ability to respond through big rate cuts ...

Reserve Bank of India (RBI) Governor Shaktikanta Das, who will outline the Monetary Policy Committee’s decisions on Friday, is expected to convey a continuation of the central bank’s hawkish stance ...

Mumbai: Indian banks will soon have to price their loans based on rules announced by the central bank on Thursday in a move that is aimed at making lending rates more responsive to policy rate changes ...

On December 7, during the monetary policy press conference, the Deputy Governor of RBI, R. Gandhi, informed the media that a total of Rs 4 trillion or Rs 4 lakh crore had been disbursed to the public ...

Finance Minister Arun Jaitley increased spending on farm and social sectors in the 2016-17 fiscal year on Monday in a boost to rural India, where most of the country's 1.3 billion people live. Some ...