Rbi Act

Decriminalising these provisions will help the government to replace many offences that involve imprisonment with just a monetary penalty to boost its ease-of-doing-business initiatives.

Government under fiscal pressure: WMA trend suggests so

The frequency with which RBI is advancing loans to the Centre is a reminder that public finances need to be set right at the earliest

Law doesn't allow transfer of RBI reserves to govt: YH Malegam

The Act would have to be amended for the RBI to start transferring its surplus from previous years to the government, Malegam said

Govt vs RBI: All you need to know about Section 7 of the RBI Act

Multiple media reports say the government has decided to invoke Section 7 of the RBI Act. The Section, when invoked, clamps down on the autonomy of the central bank.

Budget 2017: Reforms that the realty sector needs the most

As budget 2017 closes in, the real estate market is ready with its list of demands from the finance minister. Of these, some demands have a good chance of being addressed in the upcoming &#82

Govt to amend RBI Act to annul old Rs 500/1000 currency notes

The government is likely to amend the Reserve Bank of India Act to extinguish the validity of Rs 500 and Rs 1000 printed before November 9 and a reference to this effect would be made in the upcoming Budget.

Monetary Policy Committee: A job well begun

The MPC has six members, three from RBI (ie. governor, and deputy governor and executive director in charge of momentary policy) and three external members appointed by the government.

RBI nominates Dr Michael Patra as third member of MPC

In its third bi-monthly monetary policy statement, 2016-17, Governor Raghuram Rajan said: “My hope is the next monetary policy statement will be by the proposed MPC”.

Govt pegs inflation target at 4% for 5 years

Government has notified 4 percent inflation target with upper tolerance level of 6 percent and lower limit of 2 percent.

N S Vishwanathan to be new RBI deputy governor

N S Vishwanathan is set to become new deputy governor of the Reserve Bank, replacing of H R Khan whose term will end next week

Govt to soon decide Monetary Policy Committee structure:Das

The government has proposed to set up the MPC, which will consist of representatives from the Finance Ministry and RBI, to decide on interest rate.

Par Panel for providing insurance cover for NBFC deposits

The Reserve Bank of India (RBI) has admitted that many defaults during 1960s-90s by NBFCs were partly due to lack of regulation.

Was govt right in handing over money mkt oversight to Sebi?

Isn‘t it unfair to put important amendments to an important Act like the RBI Act into the Finance Bill and thereby rob the Rajya Sabha of the right to discuss these bills?

Easing inflation provides room for rate cut by RBI: Jaitley

The framework objective is to keep inflation below 6 percent and we will move to amend the RBI Act this year and provide for monetary policy committee," Finance Minister said while presenting the Budget for 2015-16.