The government had appointed him as a deputy governor in March 2017 when Urjit Patel was the governor and he took charge on April 3, 2017, ...

The meeting was chaired by the central bank governor Shaktikanta Das.

"The central government has re-appointed B P Kanungo as deputy Governor, Reserve Bank of India for a further period of one year with effect...

Kanungo acknowledged that global economic scenario is not very encouraging.

All three RBI members were for 35 basis points cut and Ravindra Dholakia was for 40 basis points.

Deputy Governor Kanungo will now be responsible for overseeing the Monetary Policy Department.

Deputy governor Kanungo assures industry while saying data generated in India has to be localised.

The board also reviewed the current economic situation, global and domestic challenges and various areas of operations of the Reserve Bank.

This may also address the sharp volatility of rupee in currency market.

Kanungo said state government expenditure has outstripped central government’s since 2011-12.

As the pricing of other financial products is based on the yield curve, this has a "cascading effect" on the interest rate in other segment...

In the past, the Indian government and the Reserve Bank of India have issued several warnings against dealing in cryptocurrencies including...

The rules will be laid out by the end of this month. RBI will start with deposit-taking NBFCs and widen the scope to cover NBFCs with asset...

Small shopkeepers complain that the Rs 20 lakh turnover limit is too small, which means many of them they pay charges equivalent to large r...

Deputy governor Viral Acharya will be handling the central security cell, the Rajbhasha department and the human resources function, it sai...

The regulator has replaced more than 100% of cash in terms of number of notes.

Significantly, Kanungo will look after crucial department of external investment and operations at a time when RBI has been working over ti...