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 Reserve Bank of India (RBI) on Wednesday removed Indian Overseas Bank from its prompt corrective action (PCA) framework, subject to certain conditions and continuous monitoring. ...
Punjab Chief Minister S Charanjit Singh Channi on Friday requested the Centre to help the state in getting the authorization of Cash Credit Limit (CCL) for the Kharif Marketing Season (KMS), 2021-22 from Reserve Bank of India (RBI) expeditiously. ...