Reuters: The Reserve Bank of India (RBI) chief said on Monday the country is facing surging inflation and it needs to calibrate monetary policy in order to manage inflation and also support growth.

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Mumbai: The Reserve Bank of India (RBI) on Monday further curbed transactions with Iran, saying all current account transactions including trade deals with the Islamic Republic should be settled outsi

Mumbai, Dec. 22: Concerned over the possibility of repayment default by microfinance institutions to banks, the RBI on Wednesday asked the lenders to maintain funding lines to MFIs to prevent the prob

Mumbai: India's headline inflation is not easing as fast as the Reserve Bank of India (RBI) would like it to and upside risks remain, Subir Gokarn, a deputy governor at the RBI said on Wednesday.

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Dec. 16: The Reserve Bank of India gave borrowers one reason to cheer as it didn’t raise any of the policy rates on Thursday. The Central Bank also produced a pleasant surprise by cutting the statuto

Dec. 8: The Reserve Bank of India (RBI) on Wednesday said that it will take “countrywide” action against errant micro-finance institutions (MFIs) once its sub-committee submits a report on the issue i

The Reserve Bank on Tuesday hiked its key short-term lending and borrowing rates by 25 basis points each with immediate effect to rein in inflation, a move that could increase banks' commercial lendin

New Delhi: The Reserve Bank of India (RBI) move to raise interest rates for the sixth time this year will have a negative impact on interest sensitive sectors like consumer durables, auto and housing,

Mumbai, Nov. 2: Stock market benchmark Sensex closed marginally down on Tuesday, after the RBI increased key short-term lending and borrowing rates to rein in high inflation, a step which Dalal Street

New Delhi: Finance minister Pranab Mukherjee Monday hinted that The Reserve Bank of India (RBI) may increase key interest rates further to contain inflation.

"RBI monitory policy will be announced