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
India's foreign exchange (forex) reserves declined by $4.531 billion to $629.755 billion in the week ended January 28 due to a sharp drop in foreign currency assets and fall in the value of gold reserves, the Reserve Bank of India (RBI) data showed. ...
The proposed digital rupee to be issued by the Reserve Bank of India (RBI) starting from the next financial year will not only give a boost to the digital economy but also help curb the menace of black money, a senior finance ministry official said. ...
The Reserve Bank of India (RBI) on Thursday said it has cancelled the licence of Nashik-based cooperative lender Independence Co-operative Bank Limited and requested Commissioner for Cooperation and Registrar of Cooperative Societies, Maharashtra, to ...