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Reserve Bank of India

Here's why the Modi government is showering sops on SMEs

Economy

11 January, 2019

Here's why the Modi government is showering sops on SMEs

Prime Minister Narendra Modi’s government and other institutions are leaving no stones unturned to woo small businessmen. On 2 January, the ......

RBI accountable to govt, says chairman of central bank panel

Economy

10 January, 2019

RBI accountable to govt, says chairman of central bank panel

The Reserve Bank of India is accountable to the government and should make policies within the framework set by the ......

YES Bank finalises potential candidates for top job

Finance

09 January, 2019

YES Bank finalises potential candidates for top job

Yes Bank Ltd said on Wednesday it has finalised the potential candidates for the position of chief executive officer to ......

RBI asks banks to classify loans to IL&FS as non-performing

Finance

09 January, 2019

RBI asks banks to classify loans to IL&FS as non-performing

The Reserve Bank of India (RBI) has asked lenders of Infrastructure Leasing and Financial Services Ltd (IL&FS) to classify loans ......

RBI open to injecting liquidity, may pay up to $5.8 bn interim dividend to govt

Economy

07 January, 2019

RBI open to injecting liquidity, may pay up to $5.8 bn interim dividend to govt

The Reserve Bank of India (RBI) is open to infusing “need-based” liquidity into the financial system, Governor Shaktikanta Das said ......

Banks likely to recover bad loans worth $10 bn by March-end: Finance minister

Economy

03 January, 2019

Banks likely to recover bad loans worth $10 bn by March-end: Finance minister

Indian banks are likely to recover Rs 70,000 crore ($9.95 billion) of bad loans by the end of March, helped ......

RBI to allow banks to restructure some defaulting SME loans

Finance

02 January, 2019

RBI to allow banks to restructure some defaulting SME loans

The Reserve Bank of India (RBI) said it will allow banks to restructure loans to small and medium sized-companies that ......

How NBFCs are using tech to boost MSME lending

Finance

24 December, 2018

How NBFCs are using tech to boost MSME lending

Over the last few quarters, public sector banks’ (PSBs’) share in lending to micro, small and medium enterprises (MSMEs) has ......

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Flashback 2018: Inside the Indian economy's year of extremes

Economy

24 December, 2018

Flashback 2018: Inside the Indian economy's year of extremes

For the Indian economy, the year gone by was defined by extremes. The stock markets rose to record highs by the ......

Pro-demonetisation bureaucrat Shaktikanta Das appointed RBI governor

Finance

11 December, 2018

Pro-demonetisation bureaucrat Shaktikanta Das appointed RBI governor

Seasoned bureaucrat Shaktikanta Das has been appointed as the new governor of the Reserve Bank of India, a day after ......