Deputy governor of reserve bank of india, Latest News
The Reserve Bank of India is India's central bank and regulatory body under the jurisdiction of Ministry of Finance, Government of India. It is responsible for the issue and supply of the Indian rupee and the regulation of the Indian banking system. It also manages the country's main payment systems and works to promote its economic development.Until the Monetary Policy Committee was established in 2016, it also had full control monetary policy in India. It commenced its operations on 1 April 1935 in accordance with the Reserve Bank of India Act, 1934. The original share capital was divided into shares of 100 each fully paid. Following India's independence on 15 August 1947, the RBI was nationalised on 1 January 1949. Read More
Indian currency rupee on Tuesday hit a fresh all-time low of 78.59 per US dollar, primarily due to a sell-off in equities, rising inflationary pressures, and elevated global crude oil prices. ...
The Reserve Bank of India (RBI) on Friday announced an extension of the deadline for card data storage and tokenisation implementation by another three months to September 30, 2022. ...
The ongoing geopolitical developments in Ukraine have challenged India's economic prospects, thereby darkening the country's outlook and making it highly uncertain, said the Reserve Bank of India's Deputy Governor Michael Patra. ...
The Reserve Bank of India (RBI) on Tuesday granted three months extension to banks and non-banking financial companies (NBFCs) to comply with certain provisions related to issuing credit and debit cards, including activation of cards without customer ...
