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
The Reserve Bank of India (RBI) on Friday revised upward the inflation forecast for the current financial year to 5.7 per cent from its earlier projection of 4.5 per cent announced in February. ...
While maintaining an accommodative stance, the Reserve Bank of India (RBI) on Friday cut the real Gross Domestic Product (GDP) growth projection for the current Financial Year 2022-23 to 7.2 per cent, against the earlier projection of 7.8 per cent. ...
Reserve Bank of India's (RBI) Monetary Policy Committee on Friday voted to keep the benchmark repo and reverse repo rates unchanged for the 11th consecutive time. ...
Equity indices opened flat on Friday amid the volatility ahead of the policy outcome of the Reserve Bank of India's (RBI) first Monetary Policy Committee meeting this fiscal year. ...
OneBanc Technologies, an AI-driven neo banking start-up, today said it has signed an agreement with Visa, the global leader in digital payments, to issue India's first credit and debit cards without the magnetic strip. The innovation makes these card ...
