RBI News

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

Reserve Bank of India - Latest news

Government to soon acquire RBI's stake in National Housing Bank

The stake transfer would be cash neutral and there would be no cash outgo, sources said. RBI currently holds 100 per cent stake in the NHB.

2 hours
7th pay commission: Hike in HRA leads to CPI inflation, claims RBI's research

7th pay commission: Hike in HRA leads to CPI inflation, claims RBI's research - A research paper by the Reserve Bank of India has found that the revised House Rent Allownce (HRA) under the seventh ...

5 hours
Data shows India reverts to hoarding cash habit

India Business News: MUMBAI: Having speeded up printing presses to refill banks’ empty ATMs in some parts of the country, the Reserve Bank of India (RBI) released data on .

5 hours
After Rs 13,000 crore scam, PNB plans to hire detective agency services

After the infamous Rs 13,000 crore scam got unearthed, Punjab National Bank has decided to hire services of detective agencies. The decision to hire detective firms has been taken lately and PNB ha...

7 hours
Letter to BS: Sacrifice convenience for business transactions

This is with reference to “In defence of Rs 2,000” (April 25). The convenience of a Rs 2,000 currency note for business and social transactions is well known. In the past, we have experiences the c...

19 hours
IDFC Bank to raise up to Rs 5,000 cr via bonds

Private sector lender IDFC Bank today said it will raise up to Rs 5,000 crore by issuing bonds in next 12 months in one or more tranches from the domestic or overseas markets. The board of the bank...

21 hours

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.