Reserve Bank has asked banks as well as small finance banks (SFBs) to continue lending to the NBFCs for the purpose of on-lending to certain priority sectors.
Mumbai: The Reserve Bank of India’s $5 billion two-year sell/buy swap is a positive step in improving its position in multiple ways, according to analysts.
Mumbai, Oct 5 (IBNS) :The Reserve Bank of India (RBI) on Friday kept the repo rate (key lending rate) unchanged at 6.5 per cent while, maintaining its steady plummeting rate, rupee breached the 74-mark against US dollar for the first time.
Mumbai, July 19 (IBNS): The Reserve Bank of India will shortly issue Rs 100 - Rupee banknotes in the Mahatma Gandhi (New) Series.
Mumbai, Nov 17 (IBNS) : Assuring that there is a sufficient supply of notes, the Reserve Bank of India on Thursday urged the people not to panic and hoard currencies.