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Financial stocks gain as RBI opens liquidity window for mutual funds
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], April 27 (ANI): Equity benchmark indices trimmed early gains in the afternoon session on Monday but closed in the green with a surge in financial stocks after the Reserve Bank of India launched a special liquidity facility worth Rs 50,000 crore for mutual funds
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RBI announces Rs 50,000 crore special liquidity facility for mutual funds
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], April 27 (ANI): The Reserve Bank of India (RBI) on Monday decided to open a special liquidity facility for mutual funds of Rs 50,000 crore in a bid to arrest redemptions in the asset management industry after last week's collapse of six debt schemes of Franklin
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RBI announces special OMO of simultaneous purchase and sale of government
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], April 23 (ANI): The Reserve Bank of India (RBI) said on Thursday it will conduct simultaneous purchase and sale of government securities under open market operations (OMOs) for Rs 10,000 crore each on April 27.
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Banking, auto stocks jump as RBI unveils steps to ease liquidity
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], April 17 (ANI): Equity benchmark indices jumped over 3 per cent on Friday as the Reserve Bank of India unveiled measures to ease liquidity and bank credit as part of economic relief to offset the fallout of coronavirus lockdown.
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RBI measures will maintain adequate liquidity in system, boost economic re
Updated : 6 years, 2 months ago IST
New Delhi [India], April 17 (ANI): Defence Minister Rajnath Singh on Friday said the announcements made by the Reserve Bank of India (RBI) will not only maintain adequate liquidity in the system but will also boost the economic recovery in the country.
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Modi govt taking necessary steps to help economy cope with COVID-19 crisis
Updated : 6 years, 2 months ago IST
New Delhi [India], April 17 (ANI): BJP National President JP Nadda on Friday stated that the Narendra Modi government is taking all necessary steps to help the economy cope with the COVID-19 crisis. He added that Reserve Bank of India's announcements today on providing liquidity and improvi
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RBI measures will increase credit flow to productive sectors of economy: E
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], April 17 (ANI): Industry experts said on Friday that further revision in reverse repo rate by the Reserve Bank of India (RBI) should add to spurring liquidity in the system and is a positive measure.
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RBI announcements will greatly enhance liquidity, improve credit supply: P
Updated : 6 years, 2 months ago IST
New Delhi [India], April 17 (ANI): Prime Minister Narendra Modi on Friday said that the announcements made by Reserve Bank of India (RBI) will "greatly enhance liquidity and improve credit supply" and would "help small businesses, MSMEs, farmers and the poor".
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RBI slashes reverse repo rate by 25 bps to inject liquidity, no change in
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], April 17 (ANI): The Reserve Bank of India (RBI) on Friday announced a reduction in reverse repo rate by 25 basis points from 4 per cent to 3.75 per cent to facilitate bank credit flows amid the coronavirus crisis and subsequent countrywide lockdown which has
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RBI reduces reverse repo rate by 25 basis points from 4 pc to 3.75 pc
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], April 17 (ANI): The Reserve Bank of India (RBI) today reduced the reverse repo rate by 25 basis points from four per cent to 3.75 per cent in a bid to inject liquidity in financial markets. However, the repo rate remains unchanged.
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Equity indices jump 3 pc ahead of RBI Governor's address
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], April 17 (ANI): Equity benchmark indices jumped over 3 per cent during early hours on Friday in line with firm global cues and ahead of Reserve Bank of India (RBI) Governor Shaktikanta Das' address to the media.
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SBI research unit puts loss of Rs 12.1 lakh crore due to COVID-19 lockdown
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Apr 16 (ANI): With the COVID-19 lockdown being extended till May 3 and simultaneously government providing some relaxations from April 20, a report by State Bank of India's economic research department on Thursday estimated the overall loss for FY21 at Rs 12.
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