The term "reverse repo rate" refers to the interest rate that is paid on deposits. The Reserve Bank of India pays interest on deposits at the reverse repo rate, whereas the repo rate is paid on ...

The Reserve Bank of India (RBI) is the highest banking authority in India. Since its establishment in 1935 by the British colonial government, many have worked on the post of the Governor of the ...

The Reserve Bank of India sold a net of $9.28 billion in the spot foreign exchange market in October, data released as part of its monthly bulletin showed on Tuesday. India cenbank sold net $9.28 ...

Sanjay Malhotra, a career civil servant, has become India’s new central bank governor at a time when the country’s economic ...