Former Reserve Bank of India governor Shaktikanta Das was on Saturday appointed the second Principal Secretary to Prime Minister Narendra Modi. IMAGE: Shaktikanta Das. Photograph: ANI Photo P K......
'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......
The Reserve Bank of India’s (RBI’s) $10 billion US dollar-rupee buy-sell swap auction for three years received bids worth $16.23 billion on Friday, reflecting robust demand amid......
The RBI is likely to reduce the key interest rate by 25 basis points this week after keeping it on hold for two years, complementing the Union Budget initiatives to push consumption-led demand,......
Account holders of the New India Co-operative Bank woke up to a rude shock on Friday morning, after the Reserve Bank of India's bar on withdrawal of funds came into effect. The order was issued on......
The changes will take effect on March 28, with portfolio adjustments expected before the market closes on March 27. Illustration: Dominic Xavier/Rediff.com The rebalancing of the Nifty 50......
While liquidity in the banking system has turned surplus in the last few weeks, it could go back to deficit again, mainly due to corporate advance tax outflows. Illustration: Uttam......