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 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
Union Minister Piyush Goyal on Friday welcomed the Reserve Bank of India's (RBI) move to cut repo rate and reducing the reverse repo rate saying that it will boost demand amid COVID-19 by extending affordable credit to MSMEs and other businesses. ...
The Reserve Bank of India (RBI) on Friday reduced repo rate by 40 basis points to 4 per cent in an effort to further boost liquidity in the economy which has been reeling under the impact of COVID-19 induced countrywide lockdown. ...
Congress leader Kapil Sibal on Sunday urged the judiciary to take note and seek answers regarding the hardships being faced by migrant workers, as they strive to return to their native places. ...
The World Bank's board of executive directors has approved a one billion dollar social protection response programme to support India's efforts at providing social assistance to the poor and vulnerable households which have been severely impacted by ...
Delhi High Court has issued notices to the Central government, Reserve Bank of India (RBI), Google India Digital Services Private Limited and others on a petition seeking suspension of Google Pay UPI for alleged wilful non-compliance of directives. ...