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Bengaluru techie suicide: Karnataka Police issues summons to wife Nikita, her family members | French President Macron appoints centrist leader Francois Bayrou as new Prime Minister | Congress always prioritised personal interest over Constitution: Rajnath Singh | Jaishankar calls attack on Hindus in Bangladesh 'a source of concern' | Allu Arjun arrested over woman's death in stampede during Pushpa 2 premiere show | RBI receives bomb threat in Russian language, case filed | UP teenager kills mother, lives with body for 5 days | At least six people including a child killed in Tamil Nadu hospital fire | Amid Atul Subhash row, SC says mere harassment is not enough to prove abetment to suicide | India's D Gukesh becomes youngest ever world champion in chess

Arun Jaitley congratulates new RBI Guv

Aug 21, 2016, at 04:07 am

New Delhi, Aug 20 (IBNS): Congratulating Urjit Patel, Union Finance Minister Arun Jaitley said he hopes that the new Reserve Bank of India Governor will successfully lead the bank and contribute to India's economic development.

Urjit R Patel named new Governor of RBI, to succeed Rahuram Rajan

Aug 21, 2016, at 04:02 am

New Delhi, AUg 20 (IBNS): The Indian government on Saturday announced Urjit R Patel has been appointed as the New Governor of Reserve Bank of India (RBI) .

First Bi-monthly Policy Statement for 2016-17 to be announced on Tuesday

Apr 04, 2016, at 06:52 pm

Mumbai, Apr 4 (IBNS) Dr. Raghuram Rajan, Governor, Reserve Bank of India will announce the First Bi-monthly Policy Statement for the year 2016-17 on Tuesday, which will determine the direction to be followed by the Indian market in the coming months.

Penalties for wilful defaulters strengthened: RBI Governor

Mar 12, 2016, at 08:06 pm

New Delhi, Mar 12 (IBNS) Reserve Bank of India Governor Raghuram Rajan on Saturday said penalties for wilful defaulters of banks have been strengthened.

RBI keeps key rates on hold at 6.75 pc

Feb 02, 2016, at 07:05 pm

Mumbai, Feb 2 (IBNS): With the annual general budget awaited end of the month, on expected lines the Reserve Bank of India (RBI) kept its policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.75 per cent, announced RBI Governor Raghuram G. Rajan on Tuesday.

RBI keeps key rates unchanged at 6.75 pc

Feb 02, 2016, at 04:57 pm

Mumbai, Feb 2 (IBNS) On expected lines, the Reserve Bank of India (RBI) kept its policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.75 per cent, announced RBI Governor Raghuram G. Rajan on Tuesday.

GST Bill will reduce barriers between states: RBI Governor

Dec 11, 2015, at 01:32 am

Kolkata, Dec 10 (IBNS): Reserve Bank of India (RBI) Governor Raghuram Rajan on Thursday backed the proposed Goods and Services Tax (GST) Bill and said that it will reduce barriers between states.

RBI keeps repo rate unchanged

Dec 01, 2015, at 05:49 pm

Mumbai, Dec 1 (IBNS) As expected, the Reserve Bank of India on Tuesday kept the key policy rate unchanged as the repo rate was allowed to be at 6.75 per cent and the cash reserve ration at 4 per cent.

RBI cuts repo rate to four-year low by 50 basis points

Sep 29, 2015, at 05:46 pm

Mumbai, Sept 29 (IBNS) The Reserve Bank of India has cut repo rate by 50 basic points to four-year low to 6.75 per cent in a bid to spur the economy which has been witnessing tardy credit growth, reports said.