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) said on Monday it has imposed a monetary penalty of Rs 17.63 lakh on Manappuram Finance Limited for non-compliance of norms related to Know Your Customer (KYC) and Prepaid Payment Instruments (PPIs). ...
India's foreign exchange (forex) reserves dipped by $2.47 billion in the week ended April 8, registering the fifth straight week of fall, as the Reserve Bank of India (RBI) appears to keep selling dollars to prevent a slide in the value of rupee amid ...
The Centre has introduced fresh Pension Fund Regulatory and Development Authority (Employees' Service) Regulations in the country seeking different modes of recruitment and proportion of posts. ...
The Bank of Canada raised its benchmark interest rate for the most in 20 years, saying that it has added half a percentage point to bring rates to 1 per cent in a bid to rein in inflation. ...
India's retail inflation surged to a 17-month high of 6.95 per cent in March from 6.07 per cent in the previous month due to a sharp increase in food prices, the National Statistical Office (NSO) data showed on Tuesday. ...
The Reserve Bank of India (RBI) on Monday said effective from April 18 it will restore the pre-pandemic timing of 9 am for money market trading opening from the current 10 am. ...
