RBI included the implementation of house rent allowance or HRA, under the 7th Pay Commission (7th CPC) could lead to inflation.
After months of government pressure to cut interest rates, central bank RBI delivered on Wednesday, putting the onus back on Prime Minister.
The Reserve Bank of India (RBI) has stopped printing the Rs 2,000 currency notes and will not be bringing new notes of that denomination in the current financial year.
RBI to introduce three new currency notes – Rs 200, Rs 50, and Rs 20 RBI to introduce three new currency notes – Rs 200, Rs 50, and Rs 20 are expected to be introduced soon by Reserve Bank of India (RBI). The new notes come months after the government had scrapped Rs 500 an […]
The Reserve Bank of India RBI introduces new Rs 500 note, old notes to stay valid
The government’s top economist criticised the Reserve Bank of India’s (RBI) inflation math and its decision not to cut interest rates on Wednesday.
The Reserve Bank of India (RBI) on Wednesday said 82.6% of currency present before the demonetisation exercise was back in the system.
The union cabinet today cleared an ordinance empowering the Reserve Bank of India (RBI) to act against wilful defaulters.
As the RBI Monetary Policy is stating that inflation risk in the enhancement HRA, on the other hand the RBI also want to be neutral .
After springing surprises in all three of its past monetary policy meetings, some analysts have not ruled out another one from the RBI later today.
The move to introduce lower denomination 200 rupee by the RBI notes comes against the backdrop of the government’s move to rework the currency mix.
Reserve Bank of India (RBI) Deputy Governor Viral Acharya said India needs to urgently address the large amounts of bad debt held by its lenders.
ATM cash withdrawal limit increased to 4500 – RBI Circular for Cash withdrawal from ATMs – Enhancement of daily limits to 4500
The macro stress test shows that total bad loans of banks may increase further if macroeconomic conditions deteriorate sharply.
RBI Instructions on Withdrawal of cash from bank deposit accounts – No limit for cash withdrawal from bank accounts specified