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
The Reserve Bank of India (RBI) on Thursday extended the regulatory benefits announced under the SLF-MF scheme to all banks, irrespective of whether they avail funding from the Central Bank or deploy their own resources.It has now been decided that a ...
India's jewellery demand in January to March (Q1) fell by 41 per cent to an 11-year low of 73.9 tonnes as COVID-19 compounded the impact of higher domestic gold prices amid a depreciating currency and softer economic growth, the World Gold Council sa ...
In a veiled attack on the Central government over the handling of COVID-19 situation, Congress leader Rahul Gandhi said that there is too much centralisation of power and conversations are stopping.There is too much centralisation of power taking pla ...
The official support measures announced for mutual funds in India may struggle to be effective as under-capitalised banks are unlikely to be tempted to extend liquidity to the sector without capital relief on the facilities, according to Fitch Rating ...
Equity benchmark indices trimmed early gains in the afternoon session on Monday but closed in the green with a surge in financial stocks after the Reserve Bank of India launched a special liquidity facility worth Rs 50,000 crore for mutual funds to e ...
To ease liquidity pressures on Mutual Funds, the Reserve Bank of India on Monday decided to open a special liquidity facility (SLF-MF) worth Rs 50,000 crore. ...
