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Reserve Bank Of India And State Bank Of India

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US SC clears 26/11 terror attack convict Tahawwur Rana's extradition to India

The US Supreme Court has cleared Mumbai attack convict Tahawwur Rana's extradition to India, dismissing his review petition against the move. IMAGE: Tahawwur Rana. Photograph: ANI Photo India......

B'luru engineer loses Rs 11.8 crore to 'digital arrest' scam

A 39-year-old software engineer became a victim to a "digital arrest" scam and lost Rs 11.8 crore when fraudsters impersonating police officials claimed that his Aadhaar card was being misused to......

Fake Rs 2000 notes from 'Children Bank of India' at Delhi ATM

A man who had gone to withdraw money at an ATM in Sangam Vihar in New Delhi allegedly ended up getting four notes of Rs 2,000 with ‘Children Bank of India’ written on them, police said......

'We Are Always Watchful. We Will Be Nimble'

'We will be very, very proactive in providing whatever liquidity requirements are needed.' IMAGE: RBI Governor Sanjay Malhotra addresses a post-monetary policy press conference in Mumbai, February......

How Modi Has Changed Babus

At the PMO, policies are framed by factoring in analytical perspectives, implications, sustainability, and other dimensions. Illustration: Dominic Xavier/Rediff.com   The past 10 years have......

Reserve Bank of India net sold $6.5 billion in August, shows data

The Reserve Bank of India (RBI) was a net seller of the US dollar in August, reversing its net buying position from July. Photograph: Shailesh Andrade/Reuters During the current financial year up......

Reserve Bank of India may conduct OMO auction in first week of Nov

Bond market participants expect an open market operation (OMO) auction in the first week of November as the banking system liquidity is expected to ease on the back of government spending and......

Should depositors put money in co-operative banks?

The co-operative banking sector is well regulated, and a few cases of restrictions being imposed by the Reserve Bank of India (RBI) should not paint a negative picture of the entire sector, said......

State Bank of India cuts base rate by 5 basis points

State Bank of India, the country's top lender, has cut its key lending rate, or base rate, by 5 basis points, R. Venkatachalam, deputy managing director at the bank, told Reuters on Wednesday.The......

Sitharaman on India's rising gold reserves

Finance Minister Nirmala Sitharaman on Monday clarified in the Lok Sabha that India's rising gold reserves, including those held by the Reserve Bank of India (RBI), is not intended to replace any......

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