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
Defence Minister Rajnath Singh on Friday said the announcements made by the Reserve Bank of India (RBI) will not only maintain adequate liquidity in the system but will also boost the economic recovery in the country. ...
Union Home Minister Amit Shah on Friday said that Prime Minister Narendra Modi-led Central government is leaving no stone unturned in the fight against COVID-19, "ensuring minimum disruption in people's lives while planning for a strong and stable In ...
BJP National President JP Nadda on Friday stated that the Narendra Modi government is taking all necessary steps to help the economy cope with the COVID-19 crisis. He added that Reserve Bank of India's announcements today on providing liquidity and ...
The Reserve Bank of India has hinted at further cuts in interest rates to maintain adequate liquidity in the system and counter the intensification of risks to growth and financial stability brought on by COVID-19. ...
Banks will not be required to pay any further dividend from their profits from financial year 2019-20 as the Reserve Bank of India wants these financial institutions to conserve capital so as to deal with heightened uncertainty amid the coronavirus s ...
To mitigate any economic fallout on financial liquidity due to Covid-19 pandemic, the Reserve Bank of India on Friday announced a set of new measures including a reduction in reverse repo rate. ...
The Reserve Bank of India has turned its attention to meeting the funding requirements of NBFCs, MFIs and housing finance by providing special refinance facilities of Rs 50,000 crore to All India Financial Institutions (AIFIs) such as the NABARD and ...
