RBI Governor Urjit Patel resigns

He added, it has been my privilege and honor to serve in the RBI in various capacities over the years.

Sensex, Nifty fall, RBI keeps repo-rate steady at 6.50pc

The Nifty Bank index dropped 0.58 percent, Realty down 0.61 percent and Auto plunged 2.32 percent reacting to the RBI move.

RBI buys bonds worth Rs. 12,000-Cr through OMO on Nov 15

Bond prices gained on Wednesday on account of RBI’s announcement of buyback of government securities through open market operations (OMO).

Sensex, Nifty rise; Rupee Drops on RBI-Govt Tension

Coal India was the top loser on the NSE, down 3.57 percent after the company has announced that the govt will be selling up to 9%of its stake in the prized public sector company as part of its ambitious disinvestment plan.

Rupee drops to 74.14 on RBI rift with Govt

Meantime, the RBI has said that it will infuse Rs 40,000 crore into the system in November by buying govt bonds by way of open market operations for maintaining liquidity in the market.

RBI to infuse Rs 40,000 crore in November

In a move that will help ease cash shortage in the system and stabilize debt market rates, the RBI on Friday said that it will infuse Rs 40,000 crore in the banking system in November.