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
Following an application submitted by the Reserve Bank of India (RBI), the Central government on Tuesday brought Lakshmi Vilas Bank under moratorium for 30 days, and restricted withdrawals by depositors to Rs 25,000 each. ...
The Reserve Bank of India (RBI) has directed all lending institutions to implement provisions of the scheme for grant of ex-gratia payment of the difference between compound and simple interest from March 1 to August 31 to borrowers in specified loan ...
Jharkhand Chief Minister Hemant Soren on Thursday wrote a letter to Prime Minister Narendra Modi and condemned the act of deduction of Rs 1,417 crore from the account of state with the Reserve Bank of India (RBI) in connection with the pending paymen ...