RBI News

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

Reserve Bank of India - Latest news

Govt’s Chief Economic Advisor calls for better RBI regulation

Referring to the PNB fraud, Arvind Subramanian, “We know that, for whatever reason, internal control has broken down. But another important question is what about the external controls in the banki...

7 hours
PM Narendra Modi put people’s money in banks, friends stealing it: Rahul Gandhi

Stepping up his attack on Prime Minister Narendra Modi over the alleged fraud in Punjab National Bank, Congress president Rahul Gandhi on Saturday linked it to demonetisation of high-value currency...

8 hours
Gennett wins arbitration case against Reds

Cincinnati Reds second baseman Scooter Gennett won his arbitration case Saturday afternoon and will earn $5.7 million in 2018. The Reds lost their bid to pay Gennett a salary of $5.1 million. The r...

10 hours
Red Sox 2B Pedroia 'ahead of schedule' after knee surgery

Boston Red Sox second baseman Dustin Pedroia arrived at spring training camp on Saturday with a four-inch scar down the front of his left knee. The 34-year-old Pedroia is not sure when he will be r...

11 hours
Red Sox 2B Pedroia progressing after knee surgery

Boston Red Sox second baseman Dustin Pedroia arrived at spring training camp on Saturday with a four-inch scar down the front of his left knee. The 34-year-old Pedroia is not sure when he will be r...

11 hours
Rs 10 plastic note field trial to begin soon in 5 cities

The government has asked the Reserve Bank of India to complete preparations for the field trial of Rs 10 notes soon. These notes are expected to first hit Mysuru, Kochi, Jaipur, Bhubaneshwar and Sh...

14 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.