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 recommendations of the Bimal Jalan committee and has decided to transfer Rs 1,76,051 crore to the government. This is broken as Rs 1,23,414 crore as surplus for year 2018-19 and another Rs 52,637 crore of excess provisions identified by the commi ...
After the Central Board of the Reserve Bank of India (RBI) approved the transfer of Rs 1,76,051 crore to Centre, Congress leader Jairam Ramesh on Tuesday said that the central government now "usurps a huge windfall" from RBI. ...
A day after the Central Board of the Reserve Bank of India (RBI) approved the transfer of Rs 1,76,051 crore to Centre, Congress leader Rahul Gandhi slammed Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman over their 'self created ...
Top ratings firm Moody's on Tuesday said the measures announced by the government to boost the sagging economy would support investors and business sentiments, but domestic and external headwinds would persist over the fiscal. ...
A day after the Reserve Bank of India's (RBI) Central Board accepted the Bimal Jalan panel recommendations and decided to transfer Rs 1.76 lakh crore in dividend and surplus reserves to the government, Congress on Tuesday slammed the move. ...
On Monday, the government won and the RBI lost in what turned out to be an attritional war that saw a Governor being scalped. One can argue that the central bank works at the pleasure of the government and the RBI Act says this with great clarity. Mi ...
The Central Board of the Reserve Bank of India (RBI) on Monday accepted the Bimal Jalan panel recommendations and decided to transfer Rs 1.76 lakh crore in dividend and surplus reserves to the Government of India. ...