The Reserve Bank of India is India's central bank, which controls the issue and supply of the Indian rupee. RBI is the regulator of the entire Banking in India. RBI plays an important part in the Development Strategy of the Government of India.RBI regulates commercial banks and non-banking finance companies working in India. It serves as the leader of the banking system and the money market. It regulates money supply and credit in the country. Read More
India's external buffers appear sufficient to cushion risks associated with rapid monetary policy tightening in the US and high global commodity prices, says Fitch Ratings. ...
Private sector lender HDFC Bank on Saturday said its consolidated net profit surged by 22.3 per cent to Rs 11,125 crore for the July-September quarter of the current financial year led by strong growth in loan. ...
Volatility in Indian stock markets continues to remain as they again declined on Thursday morning. Today's decline was largely due to elevated inflation levels in the country. ...
The unseasonal rains in different parts of India, particularly in cereal-producing states, could have a "significantly large impact" on cereal and vegetable prices, said SBI Research in its latest 'Ecowrap' report. ...
The Reserve Bank of India (RBI) on Wednesday said it has cancelled the 'certificate of registration' of four non-banking financial companies (NBFCs). ...
The Supreme Court's Constitution Bench on Wednesday asked the Centre and Reserve Bank of India (RBI) to file a comprehensive affidavit on the decision to demonetize currency notes of Rs 500 and 1,000 in 2016. ...
