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
In the face of mounting sanctions against Russia for launching military operations in Ukraine, India in line with its old ties and friendly relations will allow Moscow to invest and borrow in the domestic market. ...
Russian President Vladimir Putin discussed gas payment issues and Russia-Ukraine talks during a telephone call with German Chancellor Olaf Scholz on Wednesday. ...
India Ratings and Research (Ind-Ra) on Wednesday cut India's GDP growth forecast for the 2022-23 financial year to 7 - 7.2 per cent from its earlier estimate of 7.6 per cent announced in January. ...
India's foreign exchange (forex) reserves dipped by $2.59 billion in the week ended March 18, recording a sharp drop for the second consecutive week as the Reserve Bank of India (RBI) heavily sold dollars to prevent slide in the value of rupee. ...
The Delhi High Court has permitted Yes Bank promotor Rana Kapoor to appear through a virtual hearing before the trial court in a money laundering case related to allegedly wrongful loss of Rs 466.51 crore registered by the Directorate of Enforcement ...
