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 Ratings and Research (Ind-Ra) has upgraded its FY21 credit growth estimates to 6.9 per cent from 1.8 per cent, given the improved economic environment in 2H FY21 and the government's focus on higher -- spending especially on infrastructure. ...
The present inflation target of 2 to 6 per cent is appropriate for the next five years to ensure price stability, the Reserve Bank of India (RBI) said on Friday. ...
The Reserve Bank of India (RBI) has imposed a withdrawal cap of Rs 1,000 on customers of Deccan Urban Cooperative Bank and barred the Karnataka-based lender from granting fresh loans or accepting deposits. ...