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 higher pay-out from the RBI to the government could make up for its lower than expected tax collection and provide more fiscal leg room, economists said. ...
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. M ...
The Reserve Bank of India (RBI) employees union has urged the central bank to seek consensus on the Bimal Jalan panel report "in view of wider and long-term implications of the recommendations, irreversibility thereof" . ...
After it returned to power with a thumping majority this May, the exhilaration of having achieved 303 seats dimmed slightly for the BJP with Arun Jaitley's announcement that he would not be a part of the Narendra Modi government. The party's chief tr ...
With the economy in slowdown mode and expected to falter further, the Modi government on Friday came out with slew of measures including the reversal of the income tax surcharge on FPIs, an upfront recap of PSBs and relief for the struggling auto sec ...
The Reserve Bank of India had raised quite a few eyebrows when it announced an unconventional 35 basis points rate cut during its bi-monthly policy meet earlier this month. ...
policy is now conclusively on ensuring better transmission. Towards this, for the first time in recent history the RBI has consciously moved liquidity stance to positive. Indeed, the Governor has lately referred to the Rs 1-1.5 lakh crore positive sy ...
Violating regulations and advisories seems to be a part of the 'standard operating procedure' of the crisis-ridden IL&FS and its group companies, during the erstwhile management's administration. ...
