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
Swadeshi Jagran Manch, the economic wing of the Rashtriya Swayamsevak Sangh has hit out at the Reserve Bank of India for not lowering rate of interest even when the inflation is down to 2 per cent, holding it responsible for the current slowdown in t ...
With demand still slackening, global agencies downgrading India's growth and no stimulus from the Budget, the Reserve Bank of India (RBI) is expected to administer another rate cut to boost the economy. ...
State-run Punjab Natiuonal Bank (PNB) subsidiary PNB Housing Finance Ltd on Monday announced it has raised $100 million (around Rs 690 crore) from the International Finance Corporation (IFC) under the recently allowed automatic External Commercial Bo ...
The Swadeshi Jagran Manch, an influential economic affiliate of the ruling BJP, has said government is the sole owner of the RBI profits and surpluses and has hit out at the earlier central bank management for sending out the impression that the Cent ...
Union IT and Telecom Minister Ravi Shankar Prasad on Friday said if the global messaging company WhatsApp meets the regulatory norms from RBI and National Payments Corporation of India (NPCI), then it should be allowed to start digital payment operat ...
Former Finance Secretary Subhash Chandra Garg on Friday dismissed any connection between his decision to seek voluntary retirement from service and his transfer to Secretary in the Power Ministry, which is seen as a downgrade from the coveted positio ...
As Facebook-owned WhatsApp announced launching its Payments service in India later this year, the fears of data privacy came back to the fore, with the government reportedly asking the National Payments Corporation of India (NPCI) to ensure that user ...
The vacuum in the team of Monetary Policy Committee (MPC), after the resignation of Viral Acharya from Deputy Governor post of the Reserve Bank of India (RBI), has been filled by another Deputy Governor B.P. Kanungo. ...
