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
India Ratings and Research (Ind-Ra) has upgraded its FY21 credit growth estimates to 6.9 per cent from 1.8 per cent, given the improved economic environment in 2H FY21 and the government's focus on higher -- spending especially on infrastructure. ...
The present inflation target of 2 to 6 per cent is appropriate for the next five years to ensure price stability, the Reserve Bank of India (RBI) said on Friday. ...
Standard Chartered Bank has been constantly innovating while building out technical capabilities and remaining agile in its ways of working. This has aided the Bank in providing efficient and seamless banking services to all its clients especially th ...
The Reserve Bank of India (RBI) has imposed a withdrawal cap of Rs 1,000 on customers of Deccan Urban Cooperative Bank and barred the Karnataka-based lender from granting fresh loans or accepting deposits. ...