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
Prime Minister Narendra Modi on Friday lauded the decisions taken by the Reserve Bank of India to combat the economic slowdown triggered by the coronavirus lockdown and said that it will improve liquidity, reduce the cost of funds and help the middle ...
Former Union finance minister P Chidambaram called the Reserve Bank of India's (RBI) direction on the deferment of equated monthly instalments (EMIs) as "ambiguous" and "half-hearted". ...
The Reserve Bank of India (RBI) on Friday lowered the key repo rate by 75 basis points to 4.4 per cent in a bid to arrest the economic slowdown amid coronavirus (COVID-19) outbreak. ...
Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said that Monetary Policy Committee (MPC) has taken note of the global economic activity coming to a near standstill due to the coronavirus pandemic and added that large parts of the worl ...
Equity benchmark indices were buoyant during early hours on Friday ahead of a media briefing by Reserve Bank of India (RBI) Governor Shaktikanta Das, raising hopes of liquidity-infusing steps to absorb the economic impact of coronavirus amid a countr ...