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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.
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RBI bars Paytm Payments Bank from onboarding new customers - Hindi News | RBI bars Paytm Payments Bank from onboarding new customers | Latest maharashtra News at Lokmattimes.com

Maharashtra :RBI bars Paytm Payments Bank from onboarding new customers

The Reserve Bank of India (RBI) on Friday said it has banned Paytm Payments Bank from onboarding new customers with immediate effect. ...

Banks should not use public deposits to finance risky projects, says former RBI Deputy Governor - Hindi News | Banks should not use public deposits to finance risky projects, says former RBI Deputy Governor | Latest business News at Lokmattimes.com

Business :Banks should not use public deposits to finance risky projects, says former RBI Deputy Governor

Projects with implementation risks should normally be financed by the capital markets and not by banks using public deposits, N S Vishwanathan, Former Deputy Governor, Reserve Bank of India, said on Thursday. ...

RBI says it has not authorised any third party for collecting fees for grievance redressal - Hindi News | RBI says it has not authorised any third party for collecting fees for grievance redressal | Latest business News at Lokmattimes.com

Business :RBI says it has not authorised any third party for collecting fees for grievance redressal

The Reserve Bank of India (RBI) said on Wednesday that it has not authorized any third party for providing support in grievance redressal of the central bank's regulated entities, as claimed in messages being spread through certain sections of the so ...

RBI launches UPI service for feature phones - Hindi News | RBI launches UPI service for feature phones | Latest business News at Lokmattimes.com

Business :RBI launches UPI service for feature phones

The Reserve Bank of India (RBI) on Tuesday launched a unified payments interface (UPI) service for feature phones, a move which is expected to give a big boost to digital payment adoption in the country. ...

AIIB puts all Russia, Belarus projects on hold, review - Hindi News | AIIB puts all Russia, Belarus projects on hold, review | Latest international News at Lokmattimes.com

International :AIIB puts all Russia, Belarus projects on hold, review

Amid the ongoing military conflict in Ukraine, the Asian Infrastructure Investment Bank (AIIB) has decided to hold and review all activities relating to Russia and Belarus. ...

India's forex reserves dip by USD 1.42 billion to USD 631.52 billion - Hindi News | India's forex reserves dip by USD 1.42 billion to USD 631.52 billion | Latest business News at Lokmattimes.com

Business :India's forex reserves dip by USD 1.42 billion to USD 631.52 billion

India's foreign exchange (forex) reserves declined by USD 1.425 billion to USD 631.527 billion in the week ended February 25 due to a sharp drop in foreign currency assets, the Reserve Bank of India (RBI) data showed on Friday. ...

Timing, communication key to effective monetary policy, says Shaktikanta Das - Hindi News | Timing, communication key to effective monetary policy, says Shaktikanta Das | Latest business News at Lokmattimes.com

Business :Timing, communication key to effective monetary policy, says Shaktikanta Das

Amid growing pressure to increase policy rates to control inflation, the Reserve Bank of India (RBI) Governor Shaktikanta Das said on Friday monetary policy is an art of managing expectations and central banks have to make continual efforts to shape ...

AIIB puts all Russia, Belarus projects on hold, review - Hindi News | AIIB puts all Russia, Belarus projects on hold, review | Latest international News at Lokmattimes.com

International :AIIB puts all Russia, Belarus projects on hold, review

Amid the ongoing military conflict in Ukraine, the Asian Infrastructure Investment Bank (AIIB) has decided to hold and review all activities relating to Russia and Belarus. ...