The Reserve Bank of India is India's central bank, which controls the issue and supply of the Indian rupee. RBI is the regulator of the entire Banking in India. RBI plays an important part in the Development Strategy of the Government of India.RBI regulates commercial banks and non-banking finance companies working in India. It serves as the leader of the banking system and the money market. It regulates money supply and credit in the country. Read More
The Multi-Agency Group (MAG) on Pandora Papers has begun its preliminary investigation of entities and persons named in Pandora Papers and held its first meeting last week. ...
The Reserve Bank of India (RBI) imposed a monetary penalty of Rs 1 crore on the State Bank of India on Monday for non-compliance with the directions contained in "RBI (Frauds classification and reporting by commercial banks and select FIs directions ...
The Reserve Bank of India (RBI) on Tuesday debarred Haribhakti & Co. LLP from undertaking any type of audit assignments in any of the entities regulated by the RBI for a period of two years with effect from April 1, 2022. ...