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
Fintech major Paytm on Tuesday said it has witnessed a massive surge in digital payments as more people work from home, avoid venturing out and touching cash to stop the spread of coronavirus. ...
Equity benchmark indices gyrated between gains and losses on Tuesday as mounting coronavirus cases and the biggest plunge in US markets in three decades gave ammunition to the bears while the Reserve Bank of India's steps to reign in volatility gave ...
State Bank of India (SBI) chairman Rajnish Kumar on Monday welcomed the "statements" of Reserve Bank of India (RBI) on Yes Bank, saying the move will reassure the market further. ...
In a bid to ease the US dollar requirements of open market, the Reserve Bank of India on Monday decided to conduct a six-month swaps worth $2 billion to provide liquidity to the foreign exchange market. ...
In a bid to ease the liquidity strain that might be caused due to the coronavirus outbreak and its subsequent economic fallout, the Reserve Bank of India on Monday decided to conduct more long term repo operations (LTROs). ...
The moratorium on crisis-hit Yes Bank imposed early this month will be lifted on Wednesday at 6 pm, said Reserve Bank of India (RBI) Governor Shaktikanta Das here on Monday. ...
Reserve Bank of India (RBI) Governor Shaktikanta Das today held a press conference. He addressed the media Yes Bank Crisis and said that the action for its relief was quick and timely. In a release dated March 16, the RBI has also advised all banks i ...
