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
As the country's NBFC sector struggles with a severe liquidity crisis, the Union Budget 2019-20 came out with several announcements to support and regulate the non-banking financial companies (NBFCs). ...
The Union Budget 2019-20 presented by Finance Minister Nirmala Sitharaman on Friday, had major announcements across various sectors. Here are a few major takeaways from the Union Budget. ...
The performance of banking system improved as non-performing asset (NPA) ratios declined and credit growth accelerated, says the Economic Survey 2018-19 report which Finance and Corporate Affairs Minister Nirmala Sitharaman tabled in Parliament on Th ...
The panel set up to review the Reserve Bank of India's economic capital framework estimated the transferable surplus, or the amount the central bank could potentially pass on to the government, at close to Rs 8,000 crore, financial news portal Bloomb ...
The total unclaimed deposits of scheduled commercial banks increased to Rs 14,578 crore in 2018, up 26.8 per cent from Rs 11,494 crore in 2017, Parliament was informed. ...
RBI's Economic Framework Panel will meet sometime in mid July to finalise and submit its report to the central bank, panel chairman Bimal Jalan said. ...
The RBI, in important initiatives, has three committees and a working group with the aim of develop the Indian capital markets further, while to boost derivatives markets, efforts are required in encouraging better risk management by domestic institu ...
As the Indian government steps up the pressure on Internet and social media giants to store consumers' data locally especially the payments-related data the road ahead is not easy for over one billion citizens as Internet giants have lobbied agains ...