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
Public sector lender Bank of Baroda on Monday said it has lowered the interest rate on car loans by 0.25 per cent to 7 per cent per annum and reduced processing charge for a limited period till June 30 in order to boost lending in car loan segment. ...
India's foreign exchange (forex) reserves dipped by $3.27 billion to $600.42 billion for the week ended April 22, registering the seventh straight week of fall, as the Reserve Bank of India (RBI) appears to keep selling dollars to prevent a slide in ...
The Central Bureau of Investigation is conducting raids on the premises of builders Avinash Bhonsle, Vinod Goenka, and Shahid Balwa in Pune and Mumbai on Saturday in connection with a cheating case related to the Yes Bank and Dewan Housing Finance Li ...
The Indian economy is likely to take over 12 years to overcome the COVID-19 losses, according to a report released by the Reserve Bank of India (RBI) on Friday. ...
The Reserve Bank of India (RBI) on Monday said it has imposed a monetary penalty of Rs 1.12 crore on Bank of Maharashtra for non-compliance with certain directions related to Know Your Customer (KYC). ...
Countering Yes Bank promoter Rana Kapoor's allegation against the senior party leader, Congress Party on Sunday accused Bharatiya Janata Party (BJP) of keeping the pot boiling without any basis. ...
Yes Bank promoter Rana Kapoor informed the Enforcement Directorate (ED) that he was 'forced' by a then Congress Union Minister to buy an MF Hussain painting from Priyanka Gandhi Vadra for Rs 2 crores. ...
