RBI

Accusing Prime Minister Narendra Modi of impinging upon the autonomy of institutions like the RBI, Congress Vice President Rahul Gandhi said on Monday the Central Bank’s Governor was informed of his decision on demonetisation just a day…

Despite the Reserve Bank of India dismissing reports that suggested 97 per cent of the demonetised currency had returned to the bank's coffers by December 30, its own weekly figures on "currency in circulation" indicate that this number is…

Contrary to popular belief, it was the government which had "advised" the Reserve Bank to junk Rs 500/1000 notes on November 7 and the board of the central bank the very next day recommended the demonetisation. In a 7-page note to the…

RBI today said GST and demonetisation have the potential to transform the economy, "notwithstanding some inconvenience to public and momentary adverse impact on growth", even as it flagged elevated risks due to continuous deterioration in…