The Reserve Bank of India's (RBI) recent fight to defend the rupee has had muted success, with the currency hitting a record closing low on Monday despite several administrative measures as well as se

The Reserve Bank of India has decided to rope in a third-party consultancy firm to help it incorporate global best practices in its supervisory role and prepare the risk ratings for various banks in t

Chief minister J. Jayalalithaa has opposed Reserve Bank of India (RBI) enhancing the interest rate on rural infrastructure development fund (RIDF) to 8 per cent per annum, and urged Prime Minister Man

Those wanting to own a house or buy a new car can start thinking about it now as the Reserve Bank of India, after nearly three years, has signalled an interest rate cut, making clear that loans will c

Signaling interest rate cut to boost economy at its annual credit policy on Tuesday, the Reserve Bank said it would shift the focus to arresting declining growth while keeping inflation under control.

The Reserve Bank of India (RBI) on Tuesday cut some key rates by 50 basis points in a bid to push industrial growth and stimulate economy - a move that may also see interest rates falling on housing,

India's central bank has projected the country's economic growth at 7.3 percent this fiscal, even as it has assessed the inflation rate to rule at around 6.5 percent by end-March, 2013.

"The global o

Concerned over spurt in gold imports, RBI on Tuesday asked banks to reduce exposure to NBFCs giving loan against the precious metal and has set up a working group to suggest ways to deal with the issu

Making a case for raising prices of diesel, kerosene and LPG, the Reserve Bank on Tuesday said hike in rates of petroleum products is necessary to arrest fiscal slippages.

"Overall from the perspecti

Car makers are hoping that bank will reduce interest rates on car loans following the RBI's cut on lending rates as the industry looks forward to overcome slow growth witnessed last fiscal.

Describi