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
Home loans are set to become costlier after the Reserve Bank of India's (RBI) decision to hike the policy repo rate by 0.40 per cent, experts said. ...
The Indian stock markets' key indices, Sensex and Nifty, slumped by more than two per cent on Wednesday after the Reserve Bank of India (RBI) made a surprise announcement to hike policy repo rate by 0.40 per cent. ...
In a surprise move, the Reserve Bank of India (RBI) on Wednesday increased the policy repo rate by 40 basis points to 4.40 per cent with immediate effect. ...