MillenniumPost

Rs 200 notes to be issued on Friday: RBI

24 Aug 2017 10:15 AM GMT
Mumbai: The new Rs 200 notes will be in circulation from Friday, the Reserve Bank of India (RBI) announced on Thursday. The Rs 200 denomination...

RBI to transfer ₹ 30,659 crore surplus to government

10 Aug 2017 1:23 PM GMT
The Reserve Bank of India on Thursday said it will transfer Rs 30,659 crore surplus to the government for the year ended June 30, 2017. According...

'Opportune time for RBI to cut key interest rates'

15 July 2017 12:39 PM GMT
This is the opportune time for the Reserve Bank of India to cut key interest rates to boost manufacturing and investment which are in the lacklustre...

Sena claims credit for RBI accepting old notes from co-op banks

21 Jun 2017 11:54 AM GMT
The Shiv Sena on Wednesday claimed credit for the central government granting permission to the Reserve Bank of India (RBI) to accept the demonetised...

RBI maintains short-term lending rate, cuts SLR

7 Jun 2017 10:01 AM GMT
Belying hopes of both the government and India Inc., the Reserve Bank of India (RBI) - in its second bi-monthly monetary policy review of 2017-18 - on...

RBI likely to hold interest rate on Wednesday

5 Jun 2017 11:39 AM GMT
The Reserve Bank of India (RBI) is expected to keep interest rates unchanged in its second bi-monthly policy review scheduled for Wednesday, despite...

RBI governor suggests merging public sector banks

25 April 2017 5:46 AM GMT
Reserve Bank Governor Urjit Patel says that merging public sector banks and having fewer of them would be better for the sector and also help deal...

Patel says still more scope for banks to cut lending rates

6 April 2017 3:26 PM GMT
The Reserve Bank today said there is more scope for the banks to cut lending rates and also asked for a downward revision in the small savings rates...

Kanungo takes over as RBI Deputy Governor

3 April 2017 1:34 PM GMT
B.P. Kanungo has been elected as the Deputy governor of the Reserve Bank Of India on Monday for a period of three years post the retirement of R. Gandhi.

Balance of payments worries

1 July 2012 11:35 AM GMT
The Reserve Bank’s release of balance of payments data for 2011-12 reveals growing stresses, after two decades of comfort, with serious imbalances in...

Bringing back the confidence

12 Jun 2012 12:50 AM GMT
When the government becomes weak, everybody starts talking. Now regulatory body chiefs and Reserve Bank deputy governors are all in the fray to make...
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