RBI Governor is not a government servant : Raghuram Rajan
India needs a strong and independent Reserve Bank for macroeconomic stability, which is the most important says former RBI governor.
India needs a strong and independent Reserve Bank for macroeconomic stability, which is the most important says former RBI governor.
A day after GDP numbers released by RBI, Congress has demanded white paper on the state of the economy and release GDP data for past 10 years.
Former Finance Minister P Chidambaram attacks the Modi government over its claim of saying that demonetisation is a success.
RBI issued the 1st report giving data after demonetisation. While the government claims the note ban as a success, opposition criticises it.
Reserve Bank of India has issued a list of 50 loan defaulters owing over 2 lakh crores of the banks. It has asked banks to take immediate action.
Reserve bank has officially confirmed that it is launching Rs 200 note tomorrow, i.e. 25th August 2017.
To ensure smooth transactions and currency circulation, RBI is planning to launch 200 rupee note by the first week of September.
RBI is set to launch new ₹50 note in the coming days. The note will be of fluorescent blue colour and have motif of Hampi with chariot.
RBI has transferred ₹30659 crores to the government as dividend for the year 2016-17. The amount transferred is less than half of last year.
Reserve Bank of India has instructed the developers to not furnish loans for real estate projects not registered under Real Estate Regulation Act 2016.