However, the Congress is trying very hard that the party's image during this crisis should not look negative among the people and the Congress model of relief through Congress-ruled states should also be shown to the public.
RBI Governor Shaktikanta Das today announced cut in benchmark interest rate, Repo Rate by 75 basis points to 4.4 per cent to deal with the hardship caused due to the outbreak of COVID-19.
As the nation grapples with the failing Yes Bank Ltd leaving lakhs of account holders flustered and jittery, the Reserve Bank of India (RBI) on Friday announced a draft scheme of reconstruction of the bank.
Reserve Bank on Thursday increased the withdrawal limit from Rs 1,000 to Rs 10,000. The RBI had capped withdrawals at Rs 1,000 per customer during the six-month period, and banned the bank from extending new loans.
The Reserve Bank of India (RBI) on Thursday cut repo rate for the second consecutive time this year to 6 per cent from the current 6.25 per cent, with immediate effect.
The RBI board on Monday decided to pay Rs 28,000 crore as interim dividend to the central government. This is the second successive year that the central bank will transfer an interim surplus.
BSE, India’s first universal exchange has announced the launch of a mobile app for investors to participate in the auction of Government securities (G-sec) and Treasury bills (T-bills) conducted by Reserve Bank of India
New Delhi: After rolling out currency notes of Rs 50 and Rs 10 denominations, the Reserve Bank of India (RBI)...
New Delhi: The Reserve Bank on Friday cancelled the certificate of registrations of as many as 31 non-banking finance companies...
New Dehi: Finance Minister Arun Jaitley on Tuesday held the central bank responsible for the mountain of bad loans, saying...