RBI

Mumbai: The Reserve Bank of India (RBI) has exalted the government interventions and actions taken by financial regulators in maintaining market integrity and resilience during the ongoing COVID-19 pandemic. RBI's Financial Stability…

New Delhi: For the first time, India’s foreign exchange reserves crossed the half-a-trillion mark after a $8.22 billion surge during the week ending on June 5. As per the latest Reserve Bank of India (RBI) data, the forex reserves rose to…

Mumbai: The Reserve Bank of India (RBI) on Thursday barred Kanpur-based People's Co-operative Bank from carrying out certain public transactions till further notice, reported The LiveMint. Granting of loans and accepting deposits for a…

New Delhi: The Supreme Court (SC) on Thursday took exception to banks levying interest on loans after the Reserve Bank of India (RBI) announced a moratorium on loan repayments between March and August 31 to ease people’s hardships caused by…

New Delhi: The Monetary Policy Committee (MPC) set up by the Reserve Bank of India (RBI) has predicted a slump in total inflation below the target of 4 per cent by Q3 and Q4 of FY21. Amid the nationwide lockdown, the supply of food items…

New Delhi: RBI Governor Shaktikanta Das on Friday extended the loan moratorium by another three months. The borrowers can defer the loan EMI installments during the moratorium period till August 31. "Since the businesses are shut amid the…

New Delhi: The Reserve Bank of India (RBI) on Friday asked card companies to enable contact-less payment options for all transactions in a bid to make them safer amid the coronavirus crisis. The option will be available for transactions…

New Delhi: Reserve Bank of India (RBI) governor Shaktikanta Das on Friday announced a slew of measures to tackle the liquidity crisis in the economy. Addressing the media, the RBI governor said that the reverse repo rate has been reduced…

The Reserve Bank of India (RBI) imposed a moratorium on Yes Bank effective Thursday restricting withdrawals to Rs 50,000 citing “serious deterioration in the financial position of the Bank." Withdrawals above Rs 50,000 will require RBI's…