Now government wants interim dividend from RBI

20 Dec 2018

According to earlier reports, the government is seeking 3,60,000 crore out of RBI’s over 9,00,000 crore reserves, which include gold, foreign currencies, SDR, sovereign bonds etc

PSBs seek roll-back of Rajan-Urjit regulations

14 Dec 2018

Public sector banks are in a strange situation with 11 of the 21 PSBs under prompt corrective action (PCA) and face restrictions on their lending activity, which in turn make their turnaround more difficult

Former bureaucrat Shaktikanta Das appointed RBI governor

11 Dec 2018

Das, an experienced bureaucrat who has held key positions both under the ruling BJP as well the previous UPA government, had also worked closely with the central bank and is currently a member of the Finance Commission of India and government’s representative at the G 20 summits

Reserve Bank governor Urjit Patel resigns

10 Dec 2018

While a brief statement from the governor carried on the RBI website said he was stepping down for "personal reasons," the fact that the resignation is the result of developments that indicated the government wanted RBI as its extension is clear to all

Kotak Mahindra moves Bombay HC against RBI’s promoter share ruling

10 Dec 2018

The bank said it had clarified and conveyed to the RBI its position that the issue of perpetual non-convertible preference shares for dilution of shareholding is permissible under the Banking Regulation Act

RBI to trim banks’ liquidity reserve ratio to 18% in 6 quarters

06 Dec 2018

Since the reduction in SLR from 19.5 per cent to 18 per cent will limit banks’ need for government securities, finance ministry officials say the measure that will help release over Rs1,00,000 crore of liquidity into the system will have some implications for the government securities

RBI keeps policy repo rate unchanged at 6.5%

05 Dec 2018

The RBI noted a declining trend in consumer price inflation with year-on-year inflation falling from 3.7 per cent in September to 3.3 per cent in October, pulled down by a large fall in food prices

WhatsApp seeks RBI nod to expand payment service to all users

04 Dec 2018

RBI eases hedging norms for external commercial borrowings

27 Nov 2018

Govt won’t need RBI cash for next 6 months: Arun Jaitley

26 Nov 2018

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