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
The Reserve Bank of India (RBI) on Tuesday released data relating to India's International Investment Position as it stood at the end of March 2020. ...
The country's foreign exchange reserves increased by USD 59.5 billion during 2019-20, on a balance of payments basis (excluding valuation effects), the Reserve Bank of India said on Tuesday. ...
India's current account balance (CAB) has recorded a marginal surplus of USD 0.6 billion, which is 0.1 per cent of GDP, in the fourth quarter i.e. January-March 2020, the Reserve Bank of India (RBI) said on Tuesday. ...
Reserve Bank of India on Monday sensitised members of the public regarding safe usage of digital transactions and asserted that many mechanisms have been put in place to ensure the security and safety of these transactions. ...