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
Banks will not be required to pay any further dividend from their profits from financial year 2019-20 as the Reserve Bank of India wants these financial institutions to conserve capital so as to deal with heightened uncertainty amid the coronavirus s ...
To mitigate any economic fallout on financial liquidity due to Covid-19 pandemic, the Reserve Bank of India on Friday announced a set of new measures including a reduction in reverse repo rate. ...
The Reserve Bank of India has turned its attention to meeting the funding requirements of NBFCs, MFIs and housing finance by providing special refinance facilities of Rs 50,000 crore to All India Financial Institutions (AIFIs) such as the NABARD and ...
The real estate sector which saw some revival during the last quarter of 2019 received a serious setback with the outbreak of coronavirus and subsequent lockdown. The current sentiment of real estate stakeholders in India dropped to an all-time low o ...
The Reserve Bank of India (RBI) on Friday announced a reduction in reverse repo rate by 25 basis points from 4 per cent to 3.75 per cent to facilitate bank credit flows amid the coronavirus crisis and subsequent countrywide lockdown which has brought ...
The Reserve Bank of India (RBI) today reduced the reverse repo rate by 25 basis points from four per cent to 3.75 per cent in a bid to inject liquidity in financial markets. However, the repo rate remains unchanged. ...
