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
Finance Minister Nirmala Sitharaman will brief the RBI's central board on Monday on Budget measures and sources said the upcoming sovereign bonds, NBFC issues and RBI dividend will figure in the discussion at the Central Board meeting. ...
Another fraud, this time amounting to Rs 3,805.15 crore has been reported at the state-run Punjab National Bank (PNB), this time by the now-insolvent Bhushan Power and Steel Ltd (BPSL). ...
India's exports might become an unwarranted casualty of the government's plans to raise a part of its gross borrowings from external markets, according to analysts. ...
Finance Minister Nirmala Sitharaman on Saturday said the non-banking finance company (NBFC) sector crisis has plateaued but not ended yet and her ministry will monitor the emerging situation with the RBI, a day after she announced a slew of measures ...
Minister Narendra Modi has set a bold target of making India a $5 trillion economy by 2024 at a NITI Aayog meeting early last month, the conversations in the mass media have disproportionately centred on the idea. ...
Retail investors will soon get a chance to invest in government securities (G-Secs) and treasury bills with the Union Budget proposing a new mechanism to attract individual investors to the bond market. ...
Finance Minister Nirmala Sitharaman on Friday announced that public sector banks will be provided with a recapitalisation of Rs 70,000 crore to support lendings. ...
