RBI News

Reserve Bank of India (RBI) - Latest news, stories and discussions from the press

Reserve Bank of India - Latest news

Bitcoin gaining ground in city despite RBI warnings

Bitcoin, the shadowy cryptocurrency whose exchanges were surveyed by income tax authorities earlier this week, has arrived in the city as an investment option. Not many know it is fraught with risk...

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Capital infusion in banks to help in credit growth: Jaitley

Finance Minister Arun Jaitley has said the government has decided to recapitalise public sector banks (PSBs) to enhance credit growth and job creation. The government has decided to infuse Rs 2.11 ...

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Credit flow to agri sector dull in first half of 2017-18

In the first two quarters of this financial year, the achievement under the annual credit plan with regard to credit flow into the agriculture sector in the district was only 27.72%, though the ove...

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Govt fixed responsibility on big defaulters: Goyal

Blaming the previous UPA government for the current banking sector stress, Railway Minister Piyush Goyal said this government has fixed responsibility on big defaulters and banks are being strength...

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Government fixed responsibility on big defaulters, says Piyush Goyal

Blaming the previous UPA government for the current banking sector stress, Railway Minister Piyush Goyal said this government has fixed responsibility on big defaulters and banks are being strength...

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Bitcoins: What RBI, Arun Jaitley, Other Authorities Said

On March 15, 2017, the finance ministry had constituted an inter-disciplinary committee chaired by Special Secretary in Department of Economic Affairs to take stock of the present status of virtual...

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The Reserve Bank of India (RBI) is India's central banking institution, which formulates the monetary policy with regard to the Indian rupee. It was established on 1 April 1935 during the British Raj in accordance with the provisions of the Reserve Bank of India Act, 1934.