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
Snapping 10 consecutive weeks of decline, India's foreign exchange (forex) reserves rose by USD 4.23 billion to USD 597.509 billion for the week ended May 20, the Reserve Bank of India (RBI) data showed. ...
The Reserve Bank of India (RBI) on Friday said that it is proposing to adopt a graded approach to the introduction of Central Bank Digital Currency (CBDC) in conformity with the objectives of monetary policy, financial stability and efficient operati ...
India's economic growth recovery has lost some momentum due to the Russia-Ukraine conflict and performance in the near future will depend on the reform measures like addressing the supply-side bottlenecks to control inflation and capital spending, th ...
PayU has launched Checkout for Bharat today, which offers payment flow and checkout in major Indian languages. With this feature, merchants can offer customers a localized shopping experience in Hindi, Gujarati, Bengali, Marathi, Telugu, Tamil, and K ...
The Reserve Bank of India (RBI) on Wednesday said it has cancelled the Certificate of Registration (CoR) of five Non-Banking Financial Companies (NBFCs) due to irregular lending practices. ...
