The spat between the RBI and the Finance Ministry hit its lowest level last week after the ministry wrote to the RBI, threatening to invoke Section 7 of the RBI Act.
08 Nov 2018
When asked about if he feels the RBI was unduly secretive about the information of big loan defaulters, Acharyulu replied that it is illegal, in my opinion.
06 Nov 2018
Homebuyers have filed complaints about non-compliance with regard to 500 housing projects in Noida and Greater Noida.
05 Nov 2018
Prime Minister Narendra Modi has announced a host of measures to boost the ailing Micro, Small and Medium Enterprises (MSME) sector.
04 Nov 2018
GST-registered small and medium enterprises can now avail of loan of up to Rs 1 crore in just 59 minutes, said Modi.
03 Nov 2018
The comments came after reports RBI governor Urjit Patel was on the verge of resigning over the breakdown in relations with the government.
01 Nov 2018
The remarks came amid reports of mounting tension between the finance ministry and the RBI over the autonomy of monetary policy makers.
31 Oct 2018
Rahul linked the governments action of divesting CBI Director Alok Verma of his powers, duties and functions with the controversy over the Rafale contract with the Rafale contract,
27 Oct 2018
The RBI’s Board meeting on Tuesday was also attended by Economic Affairs Secretary Subhash Chandra Garg and Financial Services Secretary Rajiv Kumar.
25 Oct 2018
The government is unlikely to extend ED chief's term, which gets over on October 27, due to Karnail’s alleged proximity to Alok Verma.
25 Oct 2018
IL&FS group’s outstanding debt as on March 31, 2018, stood at `91,000 crore.
23 Oct 2018
Moving forward, the ministry is banking on mergers and acquisitions among CPSEs and share buybacks by state-run companies.
21 Oct 2018
Industry-watchers feel that if this crisis is prolonged, its impact will be far more damaging for the sector.
18 Oct 2018
Reeling under the weight of non-performing assets, Dena Bank is set to receive a Rs 4,100 crore infusion from the government ahead of its merger with Bank of Baroda and Vijaya Bank.
17 Oct 2018
Meanwhile, the new management Board also said that in order to keep the company afloat, it would require `100 crore per month.
11 Oct 2018