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
Amid growing pressure to increase policy rates to control inflation, the Reserve Bank of India (RBI) Governor Shaktikanta Das said on Friday monetary policy is an art of managing expectations and central banks have to make continual efforts to shape ...
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. ...
The Reserve Bank of India (RBI) on Thursday launched a household level survey, which is aimed at capturing subjective assessments on price movements and inflation. The results of the survey provide useful inputs for monetary policy. ...
The Reserve Bank of India (RBI) said on Wednesday that it has cancelled the licence of Maharashtra-based Sarjeraodada Naik Shirala Sahakari Bank Limited as it has failed to comply with the regulations and does not have "adequate capital and earning p ...
India and Japan have renewed bilateral swap arrangement under which the two countries can swap their local currencies in exchange for the US Dollar, the Reserve Bank of India (RBI) said on Monday. ...
India's foreign exchange (forex) reserves rose by USD 2.762 billion to USD 632.952 billion for the week ended February 18, led by a sharp jump in the value of gold reserves, the Reserve Bank of India (RBI) data showed. ...
