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79,669 pieces of fake Rs 500 notes detected by banks in FY22: RBI report

The number of counterfeit notes of Rs 2,000 denomination detected in the system was 13,604 pieces during 2021-22, up 54.6 per cent from the preceding financial year

Inflation fight, monsoon may take pressure off RBI: Former deputy governor

The govt's recent $26-bn fiscal package, which includes tax cuts and subsidies, as well as the RBI's rate increase earlier this month, should be able to cool inflation to 6%, says R Gandhi

Bank of Maharashtra tops PSU lenders chart in loan growth in FY22

The Pune-headquartered lender recorded a 26 per cent increase in gross advances at Rs 1,35,240 crore at the end of March 2022

Rs 500 fake currency notes surge 102% in FY22, says RBI annual report

Fake notes of Rs 2,000 increased by 55% in 2021-22 over the previous fiscal year

Centre looks to woo top US investors for stake sale in IDBI Bank

Senior officials to meet investors in US, seek feedback

Monetary policy will be calibrated to rein in inflation: RBI annual report

Surplus to government fell due to large transfer to Contingency Fund

State finances improve, gross fiscal deficit declines 31.5%: RBI report

In addition to the regular instalment of tax devolution, the Centre released two advance instalments of in November 2021 and January 2022.

Rs 2,000 currency notes continue to fall in circulation: RBI annual report

Circulation of Rs 500 notes has risen consistently and is now 73.3% in terms of the total value

Reserve Bank balance sheet grew by 8.46 per cent in FY22: Annual report

The year ended with an overall surplus of Rs 30,307.45 crore as against Rs 99,122 crore in the previous year, the RBI annual report showed

Growth of shadow banks poses threat to financial stability: RBI report

Balance sheet expanded but asset quality deteriorated, says RBI report

Focus on emerging risks in fintech space, says RBI annual report

"The central bank, while encouraging innovation, is also factoring in emerging risks in the fintech segment. Greater use of technology accentuates the concerns related to cyber security,"

RBI annual report: FY22 saw more bank frauds but value decreased by half

RBI annual report: Private banks contribute more to the number of bank frauds while public sector banks contribute more to the value.

RBI reduces net-worth requirement for non-bank Bharat Bill Payment units

The reduction in net-worth requirements follows an announcement regarding the same by the central bank in April

RBI likely to introduce a comprehensive IT outsourcing framework

Move could be in sync with new privacy Bill

RBI to hike repo rate by 50 bps, lower FY23 growth to 7% in June: Barclays

The central bank will likely revise its inflation estimate to 6.2-6.5 per cent, which is way above the upper end of its tolerance band of 2-6 per cent, the economists at Barclays said

Dilemma over bank licences: NBFCs struggle to make the cut for RBI's rules

The RBI has also tightened guidelines, narrowing the regulatory arbitrage that existed between NBFCs and banks

Union Bank to raise up to Rs 8,100 cr in capital for business expansion

The lender's board approved raising equity capital up to Rs 3,800 crore, within overall limit of Rs 8,100 crore, said the company in filing with BSE

Union Bank of India gets board approval to raise up to Rs 8,100 cr

State-owned Union Bank of India (UBI) on Thursday said its board of directors has approved raising up to Rs 8,100 crore by issuing equity shares through various modes.

Dollar steady near one-month low as Fed minutes contain few surprises

By Samuel Indyk

Should central bankers consider pitfalls of making declarative statements?

In recent times, central bankers have stressed the need to be nimble, humble even. Recent mistakes warrant some humility