Press Releases

An Analysis of Properties and Sources of Divergence

Press Release : 2016-2017/2556 (24/03/2017)

A key feature of the inflationary process during 2015-16 was the large divergence in the Consumer Price Index (CPI) and Wholesale Price Index (WPI) inflation....

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Now RBI website at your fingertips

Press Release : 2016-2017/2419 (10/03/2017)

Reserve Bank of India today formally launched a mobile application (app) version of Reserve Bank of India’s website (www.rbi.org.in). The app is available on Android as well as iOS platforms and can be downloaded from the Play Store/App Store in one’s Android phone/iPhone, respectively, using the keyword Reserve Bank of India...

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Shri Ajay Tyagi takes charge as Chairman, SEBI

Press Releases No. 15/2017 (01/03/2017)

Shri Ajay Tyagi took charge as Chairman, Securities and Exchange Board of India, today. Prior to this, Shri Tyagi was Additional Secretary, Department of Economic Affairs, Ministry of Finance, Government of India, handling the portfolios of Capital Market Division, Investment Division, Infrastructure Division and Currency and Coinage Div...

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RBI forms Inter-disciplinary Standing Committee on Cyber Security

Press Release: 2016-2017/2303 (28/02/2017)

Reserve Bank of India has set up an Inter-disciplinary Standing Committee on Cyber Security to, inter alia, review the threats inherent in the existing/emerging technology; study adoption of various security standards/protocols; interface with stakeholders; and suggest appropriate policy interventions to strengthen cyber security and resi...

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Draft Circular: Rationalisation of Merchant Discount Rate for Debit Card Transactions

Press Release : 2016-2017/2218 (16/02/2017)

Recent developments have given a fillip to electronic transactions including card payments even at smaller merchant establishments. Keeping this in mind, for encouraging a wider segment of merchants to accept card payments, consultations were held with stakeholders for rationalising the MDR structure for debit card transactions....

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SEBI Board Meeting on Budget, Offshore Derivative Instruments etc.

Press Release No. 11/2017 (11/02/2017)

The Board also discussed the plan of action for FY 2017-18. Some of the major initiatives proposed are as follows: Reducing the listing time gap by bringing down the issue timing from the existing requirement of T+6. Allowing, in consultation with Stakeholders and Regulators, institutional participation in commodity derivatives markets i...

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Union Finance Minister addresses members of SEBI Board

Press Release No. 10/2017 (11/02/2017)

Besides Shri U.K.Sinha, Chairman, SEBI, the meeting was attended by members of the SEBI Board namely, Shri Tapan Ray, Shri. Arun P. Sathe. Shri S. Raman and Shri. G. Mahalingam. Executive Directors and other senior officials of SEBI were also present....

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Honest taxpayers will be treated with dignity and courtesy: CBDT

DO FTS No. 384553/2017 (10/02/2017)

While pursuing the path of revenue mobilisation, which is an integral part of our core work, we must always keep in our view, the assurance given by Hon'ble Finance Minister that all honest, tax-compliant persons will be treated with dignity and courtesy....

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RBI keeps policy repo rate unchanged at 6.25 percent

Press Release: 2016-2017/2126 (08/02/2017)

On the basis of an assessment of the current and evolving macroeconomic situation at its meeting today, the Monetary Policy Committee (MPC) decided to...

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RBI releases revised draft directions on Commercial Papers (CPs)

Chief General Manager Press Release: 2016-2017/2072 (06/02/2017)

Commercial Papers (CPs) were introduced to enable corporate borrowers to diversify their sources of short-term borrowings as also to provide an additional instrument to investors. ...

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