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) guidelines for non-banking finance companies (NBFCs) to implement a risk-based internal audit framework in line with banks is credit positive, Moody's Investors Service said on Monday. ...
The Reserve Bank of India (RBI) on Friday kept the repo rate and reverse repo rate unchanged at 4 per cent and 3.35 per cent respectively while continuing the accommodative stance. ...
The Reserve Bank of India's (RBI) Monetary Policy Committee has voted unanimously to keep the policy repo rate unchanged at 4 per cent, said RBI Governor Shaktikanta Das on Friday. ...