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
Criticising Nirmala Sitharaman over her "rhetorical" and "non-serious" response, Congress leader Kapil Sibal on Wednesday said that the Union Finance Minister should tell the people why the central government needed Rs 1.76 lakh crore from the Reserv ...
Stocks advanced as the government was set to receive 1.76 lakh crore of RBI's surplus, which will give it more room for a stimulus in order to revive economic growth. ...
The 10-year government bond yield fell another 8 basis points on Tuesday to hit a three-week low after the Reserve Bank of India (RBI) said it would transfer Rs 1.76 lakh crore surplus to the government this fiscal, removing worries over the Centres ...
The Rs 1.76 lakh crore RBI surplus transfer to the government may give limited relief to the fisc while risk to the fiscal remains on account of the expected shortfall in Goods and Services Tax (GST) revenues and also possible slump in direct tax rev ...
The Congress on Tuesday slammed the BJP government over the Reserve Bank of India's transfer of Rs 1.76 lakh crore in dividend and surplus reserves to the government and accused it of pushing the country towards bankruptcy. ...
As the RBI central board accepted the recommendations of the Bimal Jalan panel on capital transfer and decided to pay the government Rs 1.76 lakh crore for the current fiscal, criticism of the panel and the government poured in on social media, with ...
The Congress on Tuesday slammed RBI Governor Shaktikanta Das over the central bank's decision to transfer Rs 1.76 lakh crore to the government, saying an "obliging, pliant" RBI Governor has done what none of his predecessors was willing to do. ...
Criticising the Reserve Bank of India's (RBI) move to transfer Rs 1.76 lakh crore to the government, AIMIM president Asaduddin Owaisi on Tuesday urged the Centre to generate employment in the country. ...