The Reserve Bank of India is India's central banking institution, which controls the issuance and supply of the Indian rupee. Until the Monetary Policy Committee was established in 2016, it also controlled monetary policy in India. Read More
Equity benchmark indices were up during early hours on Monday on the back of RBI's support to liquidity and indications of robust corporate earnings from segments like IT, pharma, metal and leading financials. ...
Fitch Ratings has affirmed India's long-term foreign-currency issuer default rating (IDR) at BBB-minus and said the surging second wave of Covid-19 might delay GDP recovery but will not derail the economy. ...
Bankers and real estate experts have welcomed the Reserve Bank of India's (RBI's) decision to keep repo rate unchanged at 4 per cent amid rising Covid-19 cases in the country which is threatening a promising economic recovery. ...
