India's central bank is taking another step to internationalise the rupee, seeking approval to allow domestic banks to lend ...

Investopedia / Michela Buttignol The Reserve Bank of India (RBI) is the central bank of India, originally established as a private entity in 1935, then nationalized in 1949. What Is the Reserve ...

India central bank gives Emirates NBD 'in-principle' nod to set up local unit The Reserve Bank of India has given "in-principle" approval to Emirates NBD Bank PJSC to set up a wholly owned unit in ...

With inflation in India expected to remain close to target during the current fiscal year, the Reserve Bank of India (RBI) has room for further monetary easing, members of the Monetary Policy ...

The Reserve Bank of India (RBI) is seeking to expand its cross-border payments platform — which will allow instant settlements — by adding new trading partners in Asia and the Middle East.

To ease the potential liquidity stress, the Reserve Bank on Friday slashed Cash Reserve Ratio (CRR) by 50 basis points to 4 per cent, a move that would unlock Rs 1.16 lakh crore bank funds. The RBI on ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation This report provides a brief summary of the purpose and findings of a technical assistance (TA) mission that was intended ...

The Reserve Bank of India was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934. The Central Office of the Reserve Bank was initially ...