The decision was taken in view of the bank’s deteriorating financial position and eroding net worth.
According to a team of economists that included Michel Patra, the Reserve Bank of India (RBI) Deputy Governor in-charge of monetary policy, the country’s economy is...
The Reserve Bank of India on Friday filed a new affidavit in the Supreme Court related to the loan moratorium case. In the affidavit, the RBI...
In a regulatory filing on Wednesday, the government-owned PNB stated a fraud of Rs. 1203.26 crore is being reported by the bank to Reserve Bank of...
Minister of Finance and Corporate Affairs Nirmala Sitharaman today assured Yes Bank depositors that their money is safe and the Reserve Bank of India (RBI) is working towards for...
Moody’s slashed its growth forecast for India to 5.8% due to economic slowdown caused by long-lasting factors like rural fiscal stress and unemployment
The Reserve Bank of India cut its repo rate by 25 basis points to 5.15 percent, the fifth cut this year, in a bid to boost...
[vc_row][vc_column][vc_column_text]The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) headed by Governor Shaktikanta Das today (Wednesday, Aug 7) cut the key interest rate for the...
[vc_row][vc_column][vc_column_text]RBI Deputy Governor Viral V Acharya has resigned from his post, six months before the scheduled end of his term citing “unavoidable personal circumstances”, said media...
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC), led by Governor Shaktikanta Das, on Thursday unanimously lowered key lending rate or repo rate by...
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She sarcastically asked, "Why did he not fulfill his own promise? Has he developed diabetes?"
Trivedi mockingly questioned whether Kharge was truthful in his statements made the previous day, implying that his critiques of the...
“Such irresponsible actions will have serious consequences for bilateral ties," said the MEA.
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