New Delhi: Ahead of the RBI's central board meet, the central bank chief Raghuram Rajan on Thursday met Finance Minister P Chidambaram and is understood to have discussed economic issues."Our meeting

New Delhi: Refusing to give further extension to banks for complying with security norms, the RBI on Friday said that banks will have to bear the cost of fraudulent card transaction through point of

Mumbai: The Reserve Bank on Monday announced a 13-member committee, including former Citibank CEO Vikram Pandit and Axis Bank chief Shikha Sharma, to frame a "clear and detailed" vision for financial

Mumbai: The rupee fell 46 paise to close at 62.23 against the dollar on Friday, in line with a sharp decline in local stocks, after a surprise hike in a key lending rate by the RBI.
Governor Raghuram

Mumbai: Asserting that Reserve Bank is ‘anti-inflation’, new Governor Raghuram Rajan on Friday said partial easing of its recent liquidity tightening measures coupled with repo rate hike is supportiv

Mumbai: The Reserve Bank of India unexpectedly raised its policy interest rate by 25 basis points on Friday but rolled-back some of the measures it had implemented to support the battered rupee curre

Mumbai: Amidst the euphoria created by the US Federal Reserve’s decision to continue with the quantitative easing programme without a timeline, the government has advised caution while the banks are

 The sensex on Thursday rose 684.48 points to end at 20,647, led by gains in banking stocks after the US Fed stunned markets and decided not to taper its asset-buying programme.The surge in BSE sense

New Delhi: Bhartiya Mahila Bank, the first nationalised bank for women expected to be operational from November, intends to recruit 115 officers initially.The bank has invited applications through on

After a big bang start during the early part of the week ended, markets drifted towards the later part on alternate bouts of buying and selling.
However, benchmark indices, the Sensex and the Nifty,