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 the 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
Finance Minister Nirmala Sitharaman on Thursday referred to COVID-19 pandemic as an "act of God" and said there could be contraction of the economy. ...
The Reserve Bank of India will not unwind all recent measures taken to shore up the economy amid COVID-19 pandemic and act when the situation arises, Governor Shaktikanta Das said on Thursday. ...
While the Reserve Bank of India's (RBI's) moratorium on repaying loans was a temporary solution in the context of COVID-19 lockdown, the resolution framework is expected to give a durable relief to borrowers facing the pandemic-related stress, Govern ...
The Delhi High Court on Monday issued notice to the Centre, the Reserve bank of India (RBI) and others on a plea seeking action against Google Pay for allegedly violating RBI guidelines related to data localisation, storage and sharing norms. ...