RBI sets rupee reference rate at 67.4325 against
MUMBAI: The Reserve Bank of India on Friday fixed the reference rate of the rupee at 67.4325 against the US
Aadhaar not mandatory for DBT scheme
Mumbai, Jan 14 (PTI) Use of Aadhaar cards and seeding of bank accounts with those numbers are purely voluntary and
We Need to Change: RBI’s Raghuram Rajan Memo
Mumbai: Reserve Bank of India Governor Raghuram Rajan has challenged the staff to improve the work culture at the 81-year
Economic growth to gather momentum in coming quarters:
“We have achieved macro stability to large extent but the growth moderation in the global economy and policy uncertainties among
Urjit Patel May Get Extension as RBI Deputy
Mumbai: The government is set to extend the term of the central banker behind monetary policy changes that have helped
Educomp lenders looking at strategic debt restructuring
Mumbai: Lenders to digital education provider Educomp Solutions Ltd are mulling conversion of debt to a majority equity holding under
RBI imposes Rs. 1 crore fine on State
Reserve Bank has imposed a penalty of Rs. 1 crore on an SBI associate bank, State Bank of Travancore, for
Growth in retail loans tops that of corporate
MUMBAI: Retail loans have grown at more than double the pace than overall loans till the end of last year,
Interest subvention should be phased out: central bank
MUMBAI: The government must do away with the interest subvention scheme and plough back the subsidy into a universal crop
Utkarsh Micro Finance plans to raise Rs 500
MUMBAI: Utkarsh Micro Finance plans to raise as much as Rs 500 crore by privately selling shares to institutions as