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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.
Reserve Bank of India (RBI) on Monday constituted a six-membered committee on the functioning of Asset Reconstruction Companies (ARCs) and review of regulatory guidelines applicable to them.
The Real Time Gross Settlement (RGTS) service for fund transfers will not be available for 14 hours on April 18, the Reserve Bank of India (RBI) has said.
Aurangabad, April 10: The City Chowk police have cracked the murder case of Vikas Devichand Chavan (23, Haricha Tanda, ...
Fitch Solutions has revised its forecast for the Reserve Bank of India (RBI) to keep its policy repurchase (repo) rate on hold at 4 per cent over the course of FY22 (April 2021 to March 2022) from its prior view for a 25 basis points cut to 3.75 per cent.
Aurangabad, April 9: A youth came to the city on Thursday night to attend an examination for the recruitment ...
The Monetary Policy Committee, constituted by the Reserve Bank of India and led by Shaktikanta Das, RBI Governor, decided to keep repo rates unchanged at 4 per cent on April 7, 2021. This is the fifth consecutive time the RBI kept lending rates unchanged, in line with market expectations.
Bankers and real estate experts have welcomed the Reserve Bank of India's (RBI's) decision to keep repo rate unchanged at 4 per cent amid rising Covid-19 cases in the country which is threatening a promising economic recovery.
Equity benchmark indices gained nearly one per cent on Wednesday as the Reserve Bank of India kept repo rate unchanged at 4 per cent and maintained 10.5 per cent growth projection for FY22.
The Reserve Bank of India (RBI) on Wednesday enhanced the maximum end-of-day balance limit for payment banks from Rs 1 lakh per individual to Rs 2 lakh with immediate effect.
The Reserve Bank of India (RBI) on Wednesday kept key interest rates on hold and maintained an accommodative policy stance to nurture a fragile economic recovery amid a sharp new wave of Covid-19 cases.