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 rot at IL&FS started right from the top. Fresh revelations show how the Managing Director of IL&FS flouted rules and whose corrupt practices pretty much triggered the liquidity crises in India. ...
The liquidity crisis in the lending major IL&FS and its group companies such as IFIN is something the erstwhile management itself created and should have been aware of the dire consequences of their blatant financial mismanagement. ...
Indicating a softer approach on rate cuts in the wake of economic slowdown, RBI Governor Shaktikanta Das on Monday said growth is the top priority at a time when the Indian banking system is facing many challenges. ...
In most cases it takes a tragedy to bring the worlds focus to a plight prevailing for long, the same happened with V.G. Siddharthas death, as it brought to light the dark side of the Indian entrepreneurial environment. ...
The Finance Ministry is holding back-to-back discussions with the Prime Minister's office and the Reserve Bank of India to come out with a sectoral policy package at the earliest but sources rule out any fiscal stimulus having direct revenue implicat ...
The Bimal Jalan committee tasked to recommend the formula to be adopted for transfer of the RBI's surplus to the government has finalised its report, official sources said here on Wednesday. ...
Challenging a Reserve Bank of India (RBI) circular prohibiting banks and financial institutions from providing services in relation to cryptocurrencies, the Internet and Mobile Association of India (IAMAI) on Wednesday told the Supreme Court that the ...
After the 12-day rescue operations, which is still on in some pockets, the task of providing relief and rehabilitation has been launched in Sangli, Kolhapur and surrounding areas as the skies cleared. The flood toll increased to 43 on Monday. ...