Indian shares rise on banking, IT boost; Dr. Reddy's hits 5-week high
Gains in the Nifty and Sensex came even as concerns lingered about India's relations with China
Reuters News - 16-Sep-2020
Reserve Bank of India
Also known as: RBI Last updated on: 21 September 2013
fast facts
Business SummaryCentral monetary authority supervising the banking sector and the implementation of the law to help enhancing the stability of the currency.Country of IncorporationIndiaOwnership TypeGovernmentEstablished In1935Primary SectorFinancial ServicesLatest News
markets
S&P expects India's economy to contract 9% in fiscal 2021
India's high deficit also limits the scope for further fiscal stimulus
Reuters News - 14-Sep-2020Pandemic likely to force India to borrow more, deficit monetisation is last resort -sources
India's GDP contracted 23.9% on year in the April-June quarter
Reuters News - 10-Sep-2020India is staring at debt-crisis deja vu
Many businesses came to abrupt halt during the lockdown and received little official financial assistance
Reuters News - 10-Sep-2020Indian shares fall on China border tensions, broader weakness
India's economy is projected to contract 11.8% on the year in the current fiscal year
Reuters News - 08-Sep-2020Contact details
Primary address
Central Office BuildingShahid Bhagat Singh Street
21st Floor
Fort
India
Mumbai
400001
Region
MaharashtraCONTACT
- Tel: +91 22-2261-1954
- Tel: +91 22-2266-0500
- Fax: +91 22-2265-8934
- Fax: +91 22-2266-0817
- www.rbi.org.in
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