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RBI governor gets threat mail, sender held in Nagpur

Reserve Bank of India Governor Urjit Patel allegedly received a threat mail asking him to quit the job from a 37-year-old man, who has been arrested from Nagpur, police said on Sunday. The RBI......

EC seeks higher cash withdrawal limit for candidates

The Election Commission on Thursday requested the Reserve Bank of India to enhance the weekly cash withdrawal limit of candidates contesting polls in five states to Rs 2 lakh from the Rs 24,000......

RBI revises framework to resolve stressed bank accounts

Banks given 180-day time for NPA resolution, matter to be referred to Insolvency Board within 15 days.  The Reserve Bank of India on Monday precluded chances of banks reporting divergent......

RBI forecasts lower growth for 2018, sees pickup next fiscal

The Reserve Bank on Wednesday lowered the economic growth projection for 2017-18 to 6.6 per cent, but said that it will accelerate to 7.2 per cent in the next financial year as the roll-out of GST......

Claims worth Rs 3.13 lakh cr under insolvency proceedings

The Reserve Bank had identified 12 accounts, each having more than Rs 5,000 crore of outstanding loans accounting for 25 per cent of total NPAs or bad loans of banks, for immediate referral for......

New Rs 10 notes soon; old ones to remain valid

Dimension of the banknote will be 63 mm by 123 mm. The Reserve Bank will soon bring into circulation new Rs 10 denomination banknotes in chocolate brown colour, which will have India's cultural......

Interest rates unlikely to change in whole of 2018

Growth impulses, while improving, remain fragile, and a rate hike will be disruptive to interest costs. The Reserve Bank of India (RBI) is likely to keep the key policy rates unchanged in 2018,......
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India's 10-year bond yields hit two-year high on hawkish RBI minutes

The minutes showed Reserve Bank of India (RBI) members acknowledging what the bond markets had predicted for long - interest rates had risen in the... ...

http://www.business-standard.com/article/markets/india-s-10-year-bond-yields-hit-two-year-high-on-hawkish-rbi-minutes-118022201353_1.html
Rupee tumbles on capital flight, hits 3-mth low of 65.04

The rupee took another beating after a brief solace and plunged by a staggering 28 paise to end at a new three-month low of 65.04 against the US... ...

http://www.deccanherald.com/content/660969/rupee-tumbles-capital-flight-hits.html
Kotak report

The Rs 11,400 crore fraud detected at Punjab National Bank could trigger prompt corrective action by the Reserve Bank of India, leading to stoppage... ...

http://www.moneycontrol.com/news/business/nirav-modi-fraud-case-could-trigger-pcapnb-kotak-report_10556381.html
PNB adopts strict SWIFT controls after mega fraud case

Punjab National Bank has stepped up its controls on the use of global payments network SWIFT following an alleged $1.77 billion fraud, according to... ...

http://www.deccanherald.com/content/660879/pnb-adopts-strict-swift-controls.html
Rupee down 23 paise to 64.99 in late morning deals

The rupee pared its initial losses, but traded lower by 23 paise against the US dollar on sustained bouts of the American currency's demand from... ...

http://www.business-standard.com/article/pti-stories/rupee-down-23-paise-to-64-99-in-late-morning-deals-118022200347_1.html

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