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
India's doubling rate of coronavirus cases is 6.2 days for the past seven days while it was about three days before the lockdown as efforts to deal with the crisis continued at various levels with the total number of confirmed cases rising to 13835. ...
(IANS) Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday announced a 90-day extension for the resolution period for large stressed assets which have not been resolved within the 210 day deadline as per the central bank's June 7, 2019 ord ...
Finance Minister Nirmala Sitharaman and Commerce Ministry Piyush Goyal applauded the Reserve Bank of India's (RBI) fresh slew of measures to ease liquidity and regulatory norms. ...
To mitigate the impact of economic fallout on financial liquidity due to Covid-19 pandemic, the Reserve Bank of India on Friday announced a set of new measures including a reduction in reverse repo rate. ...
To mitigate the impact of economic fallout on financial liquidity due to Covid-19 pandemic, the Reserve Bank of India on Friday announced a set of new measures including a reduction in reverse repo rate. ...
In a bid to curb bad loans and maintain capital adequacy of banks, the Reserve Bank of India has said that banks will have to maintain a higher provision of 10 per cent of all the accounts which have availed the moratorium on loan repayment till June ...
Equity benchmark indices jumped over 3 per cent on Friday as the Reserve Bank of India unveiled measures to ease liquidity and bank credit as part of economic relief to offset the fallout of coronavirus lockdown. ...
Defence Minister Rajnath Singh on Friday said the announcements made by the Reserve Bank of India (RBI) will not only maintain adequate liquidity in the system but will also boost the economic recovery in the country. ...