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Sensex, rupee stage sharp recovery as RBI governor exit, election results swing sentiment

Markets

11 December, 2018

Sensex, rupee stage sharp recovery as RBI governor exit, election results swing sentiment

  Indian bonds and stocks rebounded after early falls on Tuesday to end stronger while the rupee recovered from the day's ......

RBI governor Urjit Patel quits amid friction with govt over autonomy

Finance

10 December, 2018

RBI governor Urjit Patel quits amid friction with govt over autonomy

Reserve Bank of India (RBI) governor Urjit Patel on Monday announced that he was leaving the post with immediate effect ......

Kotak Mahindra Bank challenges RBI decision on stake reduction plan

Finance

10 December, 2018

Kotak Mahindra Bank challenges RBI decision on stake reduction plan

India's Kotak Mahindra Bank has petitioned a court against a central bank rule preventing the company from issuing preference shares ......

RBI's monetary policy committee unanimously votes to keep rates on hold

Economy

05 December, 2018

RBI's monetary policy committee unanimously votes to keep rates on hold

India's central bank kept interest rates unchanged on Wednesday, in a decision that was widely expected as inflation has eased ......

RBI eases asset securitisation norms for NBFCs

Finance

29 November, 2018

RBI eases asset securitisation norms for NBFCs

The Reserve Bank of India (RBI) on Thursday relaxed rules for non-banking financial companies (NBFCs) to sell or securitise their ......

RBI governor Urjit Patel could resign on 19 November: Report

Economy

08 November, 2018

RBI governor Urjit Patel could resign on 19 November: Report

Reserve Bank of India (RBI) Governor Urjit Patel could resign at the central bank’s next board meeting on 19 November, ......

Govt set to put more pressure on RBI governor Urjit Patel

Economy

06 November, 2018

Govt set to put more pressure on RBI governor Urjit Patel

The Indian government intends to keep pressing demands for the country’s central bank to relax lending curbs and hand over ......

RBI tweaks norms to help NBFCs refinance debt

Finance

02 November, 2018

RBI tweaks norms to help NBFCs refinance debt

The Reserve Bank of India (RBI) said late on Friday it would allow banks to partially stand-in as guarantors for ......

Why PM Modi wants to increase control over the RBI

Economy

02 November, 2018

Why PM Modi wants to increase control over the RBI

An incendiary speech by a top Reserve Bank of India (RBI) official last Friday blew the lid off an increasingly ......

Govt says RBI autonomy 'essential' amid reports that governor Urjit Patel may resign

Economy

31 October, 2018

Govt says RBI autonomy 'essential' amid reports that governor Urjit Patel may resign

The government stressed on Wednesday that the autonomy of the Reserve Bank of India (RBI) is "essential" as it sought to calm ......