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 Indian equities markets benchmark Sensex closed 460 points higher on Thursday after the Reserve Bank of India (RBI) decided to keep repo and reverse repo rates unchanged in the first monetary policy for the 2022 calendar year in order to support ...
Axis Bank on Monday said its net profit surged 224 per cent to Rs 3,614 crore during the third quarter of the current financial year as compared with the same quarter of last year. ...
ICICI Bank on Saturday said its net profit rose to Rs 6,194 crore ($833 million) in the third quarter of the current financial year, posting a year-on-year growth of 25 per cent. ...
Private sector lender Bandhan Bank on Friday said its net profit surged by 35.7 per cent to Rs 859 crore for the third quarter of the current financial year as compared with Rs 632.6 crore profit recorded in the corresponding quarter of 2020-21. ...