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
The securitisation volumes declined substantially in Q1 FY21 to Rs 7,500 crore from Rs 50,300 crore in Q1 FY20 primarily due to disruptions caused by the Covid-19 pandemic, investment information firm ICRA said on Tuesday. ...
Indian jewellery demand fell 74 per cent in Q2 (April to June) year-on-year to 44 tonnes due to nationwide lockdown, lost festival demand and higher gold price, the World Gold Council (WGC) said on Thursday. ...
The Reserve Bank of India's recent financial stability report and results of banking system stress tests show that banks' gross non-performing assets will rise meaningfully under all four stress test scenarios with their common equity tier one ratio ...