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
The Reserve Bank of India (RBI) on Monday said it has cancelled the license of Kanpur-based People's Co-operative Bank Limited as the bank does not have adequate capital and earning prospects. ...
All COVID-related liquidity relief measures extended by the central bank have come with a sunset date and would be withdrawn in due course, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Monday. ...
India's foreign exchange (forex) reserves declined by $9.646 billion to $622.275 billion in the week ended March 11, the sharpest decline in nearly two years, as the Reserve Bank of India (RBI) heavily sold dollars to prevent the slide in the value o ...
World Consumer Day is celebrated every year on March 15 to mark the sovereignty and supremacy of the rights and needs of the consumers and highlights their unqualified claim to a fair and just treatment. ...
Retail inflation in India rose to 6.07 per cent in February, the highest level in eight months, due to a sharp increase in the prices in rural areas, the government data showed on Monday. ...
India's foreign exchange (forex) reserves rose by $394 million to $631.92 billion in the week ended March 4 led by a sharp jump in foreign currency assets, the Reserve Bank of India (RBI) data showed. ...