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Central board of reserve bank of india

Central board of reserve bank of india

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.

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Citizens forced to exchange damaged currency with commission agents
Aurangabad

Citizens forced to exchange damaged currency with commission agents

Aurangabad, Feb 27: Over the last few months, citizens have been bringing in new Rs 500 and Rs 2,000 ...

Ind-Ra upgrades FY21 credit growth estimates to 6.9 pc
Business

Ind-Ra upgrades FY21 credit growth estimates to 6.9 pc

India Ratings and Research (Ind-Ra) has upgraded its FY21 credit growth estimates to 6.9 per cent from 1.8 per cent, given the improved economic environment in 2H FY21 and the government's focus on higher -- spending especially on infrastructure.

India's foreign exchange reserves rise by $169 mn
Business

India's foreign exchange reserves rise by $169 mn

Mumbai, Feb 26 India's foreign exchange reserves rose by just $169 million during the week ended February 19. ...

Inflation target of 2 to 6 pc appropriate for next 5 years: RBI report
Business

Inflation target of 2 to 6 pc appropriate for next 5 years: RBI report

The present inflation target of 2 to 6 per cent is appropriate for the next five years to ensure price stability, the Reserve Bank of India (RBI) said on Friday.

No sanitisers, no thermal guns in the ATM centres
Aurangabad

No sanitisers, no thermal guns in the ATM centres

Aurangabad, Feb 25: The number of Cocid-19 patients has been increasing again since last week. But no security measures ...

Standard Chartered Bank bolsters its digital capabilities with video KYC and virtual credit cards
Business

Standard Chartered Bank bolsters its digital capabilities with video KYC and virtual credit cards

Standard Chartered Bank has been constantly innovating while building out technical capabilities and remaining agile in its ways of working. This has aided the Bank in providing efficient and seamless banking services to all its clients especially the new-age ones.

RBI puts Rs 1,000 withdrawal cap on Deccan Urban Cooperative Bank
Business

RBI puts Rs 1,000 withdrawal cap on Deccan Urban Cooperative Bank

The Reserve Bank of India (RBI) has imposed a withdrawal cap of Rs 1,000 on customers of Deccan Urban Cooperative Bank and barred the Karnataka-based lender from granting fresh loans or accepting deposits.

Locker management vital for cashless economy, frame rules: SC
National

Locker management vital for cashless economy, frame rules: SC

New Delhi, Feb 19 The Supreme Court on Friday said the present state of affairs on management on ...

Surging bond yields may stem Indian equities' bull run
Business

Surging bond yields may stem Indian equities' bull run

New Delhi, Feb 19 As the stock markets correct from record high levels, further decline may well be in ...

RBI approves Piramal Group' proposed takeover of DHFL
Business

RBI approves Piramal Group' proposed takeover of DHFL

Mumbai, Feb 18 The Reserve Bank of India (RBI) has approved the takeover of Dewan Housing Finance Corporation ...

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