A SC bench of Justice L Nageswara Rao and M R Shah ordered RBI to withdraw their current disclosure policy under which the information cannot be disclosed on public domain under Right to information act. The court also pulled up RBI for not complying with its 2015 order.

Home loans, Car loans and even personal loans are set to get cheaper as the Reserve Bank of India has slashed its repo rate by 25 basis points to 6% from 6.25% with the objective of achieving the medium-term target for consumer price index (CPI) inflation of 4% and to support growth.

In a major setback to the efforts of bringing the bad debts of companies owing Rs 2,000 crore or more to banks, the Supreme Court on Tuesday quashed the RBI's circular which allowed banks to move against the defaulters if a payment is not made within 180 days.

The consumer inflation stands at provisional 2.57% in the month of February as mentioned by the latest data released by the government. Consumer inflation in January was revised downwards to 1.97 per cent from 2.05 per cent, according to the official statement.

The Reserve Bank of India (RBI) has issued a warning to the smartphone users against fraud online applications being used to steal money. The download links that appear in mobile phones including device control apps like AnyDesk convinces people to download them on their mobile. Such applications give access to fraudsters in remotely using your mobile device for carrying out fraudulent transactions.

In its latest Monetary Policy, the Reserve Bank of India (RBI) slashed repo rate by 25 basis points to 6.25 from 6.5 per cent. The reverse repo rate stands adjusted to 6.0 per cent, and the marginal standing facility rate and the bank rate has been kept 6.5 per cent. The new announcement has potential to reduce interest rates on loans.

The Reserve Bank of India governor Urjit Patel on Monday stepped down from his post, citing personal reasons behind his decision.

The RBI is expected to keep its key interest rate unchanged at itspenultimate monetary policy review of the fiscal on Wednesday at a time when inflation - the central bank's key concern - has softened, as has GDP growth, according to the figures for the second quarter ending in September.

Finance Minister Arun Jaitley on Friday said that the government does not need the Reserve Bank of India (RBI) fund for next six months.

Here's an alert message for SBI customers, as the State Bank of India may block your internet banking account if you don't follow the instructions before November 30. As announced on website, SBI will block those internet banking users who have not registered their mobile numbers with their bank accounts. If any SBI bank account doesn’t have a mobile number linked to it and if you are using it for Internet banking, the bank will block internet banking access from December 1. Conversely, the bank account will continue to be operational and only internet banking access would be used.