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 Thursday extended the regulatory benefits announced under the SLF-MF scheme to all banks, irrespective of whether they avail funding from the Central Bank or deploy their own resources.It has now been decided that a ...
The Reserve Bank of India on Thursday said the truncated market timings for the government bond and forex markets among others which come under its regulatory ambit will be maintained beyond April 30 till further notice. ...
On April 27, the RBI had announced the SLF-MF to ease liquidity strains on mutual funds, which intensified in the wake of redemption pressures related to the closure of some debt mutual funds and potential contagious effects. ...
The Reserve Bank of India (RBI) on Thursday extended the regulatory benefits announced under the SLF-MF scheme to all banks, irrespective of whether they avail funding from the Central Bank or deploy their own resources.It has now been decided that a ...
India's jewellery demand in January to March (Q1) fell by 41 per cent to an 11-year low of 73.9 tonnes as COVID-19 compounded the impact of higher domestic gold prices amid a depreciating currency and softer economic growth, the World Gold Council sa ...
In a veiled attack on the Central government over the handling of COVID-19 situation, Congress leader Rahul Gandhi said that there is too much centralisation of power and conversations are stopping.There is too much centralisation of power taking pla ...
The official support measures announced for mutual funds in India may struggle to be effective as under-capitalised banks are unlikely to be tempted to extend liquidity to the sector without capital relief on the facilities, according to Fitch Rating ...