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RBI dispels rumours of fake 10 rupee coins in circulation

Dispelling rumours of fake Rs. 10 coin in circulation, the Reserve Bank of India asked people not to give credence to such canards and...

Cannot disclose details on release of new Rs 500 notes: RBI

The Reserve Bank of India today informed the Madras High Court that it cannot disclose details regarding the release of new Rs 500 denomination...

Kejriwal, Mamata knock at RBI’s door, seek info on currency

Taking their fight against demonetisation to the street, Delhi and West Bengal chief ministers Arvind Kejriwal and Mamata Banerjee on Thursday held a demonstration...

Watch how govt bank official refuses to exchange invalid notes to...

A video of a government bank employee, reportedly from the State Bank of India, rudely refusing to exchange invalid notes to a hapless woman customer...

Demonetisation policy: Cover up strategy for Modi’s failure, says Kerala CPI

CPI’s Kerala unit Saturday hit out at the Centre over the demonetisation of Rs 1,000 and Rs 500 currency notes, saying it was a...

Demonetisation would only affect common man: P Chidambaram

Disputing government's claim that demonetisation of higher value currency notes would check black money, former union finance minister P Chidambaram on Saturday said it...

Enough currency with banks for exchange: RBI

As millions queued up outside banks and at ATMs, which opened after two days today, RBI said enough is cash available for exchanging the...

Donations to temples, Fixed Deposits in co-operative banks under government scanner

Hurried donations made to nearly 100 temples and trusts and sudden spurt in cash reserves in nearly 1,000 cooperative banks and credit societies in...

Long queues at banks to exchange old notes

Long queues were seen outside banks across the country and also at RBI counters for replacement of old Rs 500 and 1,000 notes as...

All banks to remain open this Saturday and Sunday, says RBI

Reserve Bank of India said on Wednesday that banks will remain open this Saturday and Sunday after government scrapped Rs 500 and Rs 1000...

RBI clears the air on note exchanges, says one can only...

After the government made a surprise announcement of making Rs 1,000 and Rs 500 banknotes illegal from midnight, the monetary authority posted a 25-point...

Air India looking at Rs. 10,000 crore debt rejig under new...

Air India, which is operationally profitable now, is looking to rejig debt worth Rs.10,000 crore under the scheme for sustainable restructuring of bad assets floated by the...

WPI inflation slows to 3.57% as vegetable prices soften

Wholesale inflation eased to 3.57 per cent in September as food articles, led by vegetables, witnessed softening of prices. The wholesale price-based inflation, reflecting the...

RBI cuts key rate by 0.25% to 6-year low

In the first monetary policy review under RBI Governor Urjit Patel, the interest rate was on Tuesday cut by 0.25 per cent to six-year...

Want to come to India but passport suspended: Vijay Mallya to...

Liquor baron Vijay Mallya today informed a Delhi court that he wants to come to India but is unable to travel back as his...

Just Dial gets RBI’s in-principle nod for its prepaid wallet

Local search engine Just Dial said on Thursday it has got in-principle nod from the Reserve Bank of India (RBI) for launching its prepaid...

RBI to infuse Rs 10,000 crore via bond purchase on Thursday

The Reserve Bank will conduct open market operations (OMO) to purchase government bonds to infuse liquidity of Rs 10,000 crore on Thursday. "Based on the...

SIT asks RBI to share black money data with govt agencies

The Special Investigation Team on black money has asked Reserve Bank to develop an institutional mechanism to share data with enforcement agencies to track...

Urjit Patel assumes charge as new RBI Governor

Urjit Patel has assumed charge as the 24th Governor of Reserve Bank, succeeding Raghuram Rajan whose three-year controversy-ridden tenure ended yesterday. Patel has assumed charge...

3-year-term of rockstar and James Bond of Mint Street as RBI...

As Mint Street readies for a new sheriff, the three-year tenure marked with numerous controversies ended on Sunday for Raghuram Rajan — who sacrificed...