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 Tuesday launched a unified payments interface (UPI) service for feature phones, a move which is expected to give a big boost to digital payment adoption in the country. ...
Amid the ongoing military conflict in Ukraine, the Asian Infrastructure Investment Bank (AIIB) has decided to hold and review all activities relating to Russia and Belarus. ...
Amid growing pressure to increase policy rates to control inflation, the Reserve Bank of India (RBI) Governor Shaktikanta Das said on Friday monetary policy is an art of managing expectations and central banks have to make continual efforts to shape ...
Amid the ongoing military conflict in Ukraine, the Asian Infrastructure Investment Bank (AIIB) has decided to hold and review all activities relating to Russia and Belarus. ...
The Reserve Bank of India (RBI) on Thursday launched a household level survey, which is aimed at capturing subjective assessments on price movements and inflation. The results of the survey provide useful inputs for monetary policy. ...
The Reserve Bank of India (RBI) said on Wednesday that it has cancelled the licence of Maharashtra-based Sarjeraodada Naik Shirala Sahakari Bank Limited as it has failed to comply with the regulations and does not have "adequate capital and earning p ...
India and Japan have renewed bilateral swap arrangement under which the two countries can swap their local currencies in exchange for the US Dollar, the Reserve Bank of India (RBI) said on Monday. ...
