Thursday, May 24, 2012 9:09 AM IST

RBI

Overview

The Reserve Bank of India (RBI, Hindi: भारतीय रिज़र्व बैंक) is the central banking system of India and controls the monetary policy of the rupee as well as 287.37 billion US-Dollar (2009) currency reserves. The institution was established on 1 April 1935 during the British-Raj in accordance with the provisions of the Reserve Bank of India Act, 1934 [1] and plays an important part in the development strategy of the government.

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Articles About RBI

Indian Rupee Continues To Fall, Crosses 56 Mark Against Dollar; Analysts Seek Strong Corrective Action

By IBTimes

The Indian rupee descended to the all-time-low of 56.04 per dollar Wednesday even as the Reserve Bank of India and the Indian government said that they were monitoring the situation closely and taking corrective measures. (4:16 pm)

MORE TOPICS: BOMBAY STOCK EXCHANGE, INDIA, NEW YORK, INVESTMENT

Rupee Plunges To New Low Of 55.87/$ Amid RBI Intervention

By IBTimes IN

The rupee plunged to a new low of 55.87 in the early Wednesday trade, marking its sixth consecutive record low against the US dollar. (11:15 am)

Falling Indian Rupee: What Government Has Done To Protect Economy

By IBTimes

Blaming the Euro Zone crisis for a weak Indian economy Indian Finance3 Minister Pranab Mukherjee said that government is taking several steps to protect the economy and rupee from further pressures. (May 22)

Indian Rupee Falls To New Low, Sensex Drops 1 Percent

By IBTimes

Bombay Stock Exchange's benchmark Sensex fell Tuesday by more than 145 points, or 1 percent, as the rupee tumbled to a record low of 55.39 against the dollar. (May 22)

MORE TOPICS: BOMBAY STOCK EXCHANGE, INDIA, ICICI, STATE BANK OF INDIA

Andy Van Slyke's Son, Scott Van Slyke, Hits First Career Home Run: Baseball's Top 5 Father-Son Duos

By IBTimes

As Andy Van Slyke's son, Los Angeles Dodgers outfielder Scott Van Slyke has a great baseball pedigree. It showed last night when Scott Van Slyke hit his first major league home run with dad Andy Van Slyke, former All-Star with the Pittsburgh Pirates, in the stands. (May 22)

BSE Sensex Up, Rupee Hits Record Low

By IBTimes IN

The BSE Sensex posts its third consecutive daily gain on Monday after State Bank of India boosted the outlook of the stock market with its impressive earning last week. However, rupee hits a new record low at 55 per dollar, which could affect the stocks. (May 21)

MORE TOPICS: INDIA, MORGAN STANLEY, INFOSYS, ICICI, STATE BANK OF INDIA, INVESTMENT

Indian Rupee Falls To Record Low Of 55 Against Dollar

By IBTimes

The Indian rupee Monday touched a record low of 55 against the dollar because of the strong demand for dollar from importers, weak global cues and delay over policy reforms from the government. (May 21)

MORE TOPICS: FTSE, BOMBAY STOCK EXCHANGE, INDIA, ICICI, STATE BANK OF INDIA