Mumbai: Making garlands of currency notes, a practice followed in Indian marriages and political rallies, has been sought to be discouraged by the Reserve Bank.
"The Reserve Bank of India has appeale

The Reserve Bank of India (RBI) has increased the priority sector lending target for foreign banks with 20 branches or more to 40 per cent from 32 per cent in a phased manner over a maximum period of five years starting April 1, 2013.

The Reserve Bank of India has cautioned some large foreign banks for encouraging local companies to participate in speculative trades in the foreign exchange market, the Business Standard reported on

Kolkata, Feb. 5: The Union finance minister, Mr Pranab Mukherjee, on Saturday said prosecution has been started against 17 Indians who deposited black money in foreign banks but ruled out disclosure o

Jan. 20: After the Supreme Court’s rap, the Union cabinet on Thursday took up the issue of black money stashed away in foreign banks. Prime Minister Manmohan Singh himself raised the issue and stresse