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
Shirom Akali Dal (SAD) on Monday demanded that the Reserve Bank of India (RBI) should take over the operations of the Punjab and Maharashtra Co-operative Bank (PMCB) and the money of account holders should be given back to them. ...
With the RBI's monetary policy on Friday allowing rupee derivatives to be traded in IFSC Gift City in Gujarat, the launch of rupee-dollar trading will increase liquidity, India International Exchange (INX) MD and CEO V. Balasubramaniam said. ...
The Reserve Bank of India on Friday allowed rupee derivatives (with settlement in foreign currency) to be traded in International Financial Services Centres (IFSCs) to deepen the local bourses by bringing rupee trading home. ...
The Reserve Bank of India (RBI) has delivered steady rate cuts but micro, small and medium enterprises (MSMEs) still complain of banks not passing on the benefits of lower lending rates. ...
The Finance Ministry on Friday said it has taken into account RBI's downward revision of GDP growth rate for the fiscal to 6.1 per cent while hailing the 25 bps cuts in repo rates which will complement the recent measures. ...
Bank stocks slid dragging the Sensex over 440 points lower on Friday as investors reacted to the RBI's cut in the countries economic growth forecast to 6.1 per cent for 2019-20 from 6.90 earlier. ...
