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 Friday reduced the repo rate by 40 basis points to 4 per cent and extended the loan repayment moratorium for another three months up to August 31. ...
The Reserve Bank of India (RBI) on Friday unveiled a series of measures to minimise the impact of coronavirus (COVID-19) pandemic and subsequent countrywide lockdown which is likely to contract GDP growth rate in the first half of current financial y ...
Equity benchmark indices fell by 1 per cent during the afternoon on Friday as the Reserve Bank of India forecast contraction in H1 FY21 GDP growth, cut repo rate by 40 basis points and extended the loan repayment moratorium for another three months u ...
Union Minister Piyush Goyal on Friday welcomed the Reserve Bank of India's (RBI) move to cut repo rate and reducing the reverse repo rate saying that it will boost demand amid COVID-19 by extending affordable credit to MSMEs and other businesses. ...
The Reserve Bank of India (RBI) on Friday reduced repo rate by 40 basis points to 4 per cent in an effort to further boost liquidity in the economy which has been reeling under the impact of COVID-19 induced countrywide lockdown. ...
