Central board of reserve bank of india, Latest News
The Reserve Bank of India is India's central bank, which controls the issue and supply of the Indian rupee. RBI is the regulator of entire Banking in India. RBI plays an important part in the Development Strategy of the Government of India.RBI regulates commercial banks and non-banking finance companies working in India. It serves as the leader of the banking system and the money market. It regulates money supply and credit in the country. Read More
With coronavirus posing severe health and economic ramifications for the country, the government has set up -- PM CARES Fund -- to deal with emergency or distress situation like that posed by COVID-19 and to provide relief to the affected people. ...
The Jammu and Kashmir Bank, which has the largest number of branches in J&K and Ladakh union territories, has decided to fully implement the RBI guidelines seeking a three-month long moratorium on term loans. ...
Yes Bank resumed full-fledged banking operations on Wednesday. However, there were initial glitches with customers complaining of problems in using online banking services and the mobile app. ...
A combination of monetary as well as fiscal policy could be the best option to deal with the economic fallout of coronavirus, a State Bank of India report said on Tuesday. ...
Lender IndusInd Bank on Wednesday reiterated that it is "financially strong, well-capitalised, profitable, and a growing entity with strong governance". ...