The fifth volume on the history of the Reserve Bank of India covers the years from 1997–98 to 2007–08. During this period, it introduced key institutional and financial market reforms in a rapidly ...

Central banks can intervene in forex market to influence exchange rate. Analysis by ThePrint shows RBI has been doing this ...

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The Reserve Bank of Australia (RBA) is Australia's central bank and derives its functions and powers from the Reserve Bank Act 1959. Its duty is to contribute to the stability of the currency ...

The Reserve Bank of India’s upbeat growth estimates for the world’s fastest-growing major economy is causing both confusion and concern among economists. The central bank has stuck to its ...

On October 10, several private and public banks in India will be closed in observance of Maha Saptami. The Reserve Bank of India (RBI) has declared a bank holiday in specific states for this day ...

India's gold reserves, managed by the Reserve Bank of India, total 854.73 metric tonnes, with 510.46 metric tonnes stored domestically and 324.01 metric tonnes internationally. Gold’s share in ...

The Fed calculates a bank’s reserve requirements as a ratio based on its liabilities. The federal funds rate is based on simple supply and demand for these federal funds. The rate fluctuates ...

The Reserve Bank of New Zealand (RBNZ) announced on Wednesday that it lowered the Official Cash Rate (OCR) by 50 basis points (bps) from 5.25% to 4.75%, following the conclusion of the October ...

State Bank of India engages in the provision of commercial banking services. It operates through the following segments: Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking ...

As of Nov. 5, 2024, banks in India are offering home loans at interest between 8.35% and 14.50% to eligible applicants. Meanwhile, the Reserve Bank of India (RBI) has kept the repo rate unchanged ...