RBI
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
RBI to ease banks’ capital adequacy norms, boost liquidity
20 Nov 2018
The RBI at the board meeting decided to relax Basel III capital norms for banks that will free up Rs2,50,000 crore to Rs3,00,000 crore of cash for onward lending
Govt pins hopes on its nominees as RBI board meeting continues
19 Nov 2018
The ongoing meeting of the Reserve Bank of India board is likely to find new ways to ease tension between the government and the central bank and ease credit flow
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