Oct 26, 2016 at 21:26 | Source: PTI
Worried over circulation of fake currency notes of Rs 500 and Rs 1,000 denomination, the RBI on Wednesday asked the public to make it a habit to examine the notes before accepting them in the usual course of transactions.
Oct 26, 2016 at 16:00 | Source: PTI
According to global financial services major HSBC, even if food inflation settles at a lowly 4 percent, it will not be enough to take headline inflation all the way down to 4 percent.
Oct 26, 2016 at 09:24 | Source: PTI
"The government has liberalised its FDI policy in Other Financial Services and non-banking finance companies (NBFCs), the DIPP said in a press note.
Oct 25, 2016 at 21:22 | Source: PTI
State Bank of India (SBI) on Tuesday said it has raised Rs 2,500 crore from bonds to fund business expansion.
Oct 25, 2016 at 16:00 | Source: PTI
In 2015-16, the country's economy grew 7.6 percent and the Economic Survey in February had projected a growth rate of 7-7.75 percent for the current fiscal while RBI had forecast 7.6 percent.
Oct 25, 2016 at 10:25 | Source: Moneycontrol.com
Speaking to Business Standard, Vijay Shekhar Sharma, Founder and CEO of Paytm said that the company has everything in place and is still waiting for RBI's final approval.
Oct 25, 2016 at 09:16 | Source: PTI
"Foreign Institutional Investors/Registered Foreign Portfolios Investors can under the portfolio investment scheme (PIS) now invest up to 30 percent of the paid up capital of Aditya Birla Nuvo Ltd," RBI said in a notification.
Oct 25, 2016 at 07:52 | Source: PTI
The RBI held a meeting with senior officials from select banks, the National Payment Corporation of India (NPCI) and card network operators to review the steps taken by various agencies to contain the adverse fall-out of certain card details alleged to have been compromised.
Oct 24, 2016 at 21:28 | Source: PTI
India's receipts from invisible services remained almost flat at USD 58.6 billion in the April-June quarter of current fiscal, while payments towards those activities rose by 13.8 per cent to USD 35.05 billion, RBI data showed on Monday.
Oct 24, 2016 at 21:20 | Source: PTI
Housing prices increased by an average 7.3 per cent during April-June period of this fiscal in major cities after moderating for last four consecutive quarters, according to the Reserve Bank of India.