Tag: Reserve Bank of India
RBI issues statement on ₹2,100 crore accounting error at IndusInd Bank
According to media reports, Institute of Chartered Accountants of India (ICAI) is expected to review IndusInd Bank's financial statements.
Shift in policy after Sanjay Malhotra became RBI Governor has led to weakening of Indian rupee: Report
A new report cited Donald Trump tariff policies too for the weakening rupee.
Former RBI governor Shaktikanta Das appointed as 'Principal Secretary-2' to PM Modi
Shaktikanta Das's appointment will be "co-terminus" with the term of the prime minister or until further orders, said a government release.
Ex-CEO of New India Co-Op Bank, banned by RBI, arrested in ₹122 crore embezzlement case
Ex-CEO of New India Co-Op Bank arrested in ₹122 crore embezzlement case
India cancels sale of ₹26,000 crore worth of treasury bills amid tight cash
India’s central bank RBI did not accept any bids for 91 and 182-day treasury bills in an auction Thursday amid a cash squeeze in the nation’s banking system.
Finance Minister Nirmala Sitharaman says income tax and RBI rate cut will boost economy: Report
Sitharaman had announced an income tax reform, allowing zero income tax for those earning up to ₹12 lakh. The RBI then announced a 25 bps repo rate cut
Centre seeks 9% boost from RBI, banks to offset income tax cuts: Report
The huge transfer of funds will help the government to narrow its fiscal deficit to 4.4 per cent of the GDP.
