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
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. ...
The Reserve Bank of India (RBI) said on Monday it plans to buy bonds worth Rs 20,000 crore through open market operations (OMOs) to support the government's borrowing programme. ...