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
Retail inflation in India rose to 6.07 per cent in February, the highest level in eight months, due to a sharp increase in the prices in rural areas, the government data showed on Monday. ...
India's foreign exchange (forex) reserves rose by $394 million to $631.92 billion in the week ended March 4 led by a sharp jump in foreign currency assets, the Reserve Bank of India (RBI) data showed. ...
Projects with implementation risks should normally be financed by the capital markets and not by banks using public deposits, N S Vishwanathan, Former Deputy Governor, Reserve Bank of India, said on Thursday. ...
The Reserve Bank of India (RBI) said on Wednesday that it has not authorized any third party for providing support in grievance redressal of the central bank's regulated entities, as claimed in messages being spread through certain sections of the so ...
The Reserve Bank of India (RBI) on Tuesday launched a unified payments interface (UPI) service for feature phones, a move which is expected to give a big boost to digital payment adoption in the country. ...
Amid the ongoing military conflict in Ukraine, the Asian Infrastructure Investment Bank (AIIB) has decided to hold and review all activities relating to Russia and Belarus. ...
India's foreign exchange (forex) reserves declined by USD 1.425 billion to USD 631.527 billion in the week ended February 25 due to a sharp drop in foreign currency assets, the Reserve Bank of India (RBI) data showed on Friday. ...
