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
Recommendations urging the Centre and the Reserve Bank of India to provide an urgent bank-backed credit lifeline to the country's Non-Banking Financial Companies (NBFCs) in the name of Covid-19 relief package are unfounded, industry insiders and sect ...
Recommendations urging the Centre and the Reserve Bank of India to provide an urgent bank-backed credit lifeline to the country's Non-Banking Financial Companies (NBFCs) in the name of Covid-19 relief package are unfounded, industry insiders and sect ...
Amid spreading coronavirus and subsequent lockdown, borrowers of a gold metal loan (GML) are facing excessive heat as the price of the yellow metal has risen astronomically, triggering margin calls that need to be fulfilled. ...
India Ratings and Research (Ind-Ra) has revised its outlook for energy infrastructure companies to negative from stable for FY21 as the COVID-19-driven lockdown is likely to affect liquidity level in all companies across the power sector value chain. ...
Outlining a grim picture for the global economy amid the coronavirus crisis, the Reserve Bank of India's (RBI) Monetary Policy Report says that the global economy may slump into recession in 2020. ...
To ease the cashflow mismatches which might occur due to Covid-19 lockdown, the Reserve Bank of India on Tuesday extended the time period for States and Union Territories to avail overdraft facilities. ...
A Mumbai court refused to grant bail to Yes Bank founder Rana Kapoor, and he will continue to remain in judicial custody till April 16, his lawyer said here on Friday. ...