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Banking, auto stocks jump as RBI unveils steps to ease liquidity
Updated : 5 years, 11 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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Modi govt taking necessary steps to help economy cope with COVID-19 crisis
Updated : 5 years, 11 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 : 5 years, 11 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 : 5 years, 11 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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IMFC calls on private creditors to join debt standstill amid COVID-19 cris
Updated : 5 years, 11 months ago IST
Washington DC [USA], April 17 (ANI): The International Monetary and Financial Committee (IMFC), the IMF's governing body, has underscored the importance of the Fund in fighting the economic crisis caused by coronavirus pandemic.
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MHA issues order to include activities in four sectors in its consolidated
Updated : 5 years, 11 months ago IST
New Delhi [India], April 17 (ANI): The Ministry of Home Affairs (MHA) has issued an order to include more activities which include Non-Banking financial institutions, cooperative credit societies and other financial institutions with minimum staff, making them exempt from the lockdown wit
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RBI slashes reverse repo rate by 25 bps to inject liquidity, no change in
Updated : 5 years, 11 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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MS Dhoni is my favourite cricketer, says Kedar Jadhav
Updated : 5 years, 11 months ago IST
Chennai (Tamil Nadu) [India], April 17 (ANI): Middle-order batsman Kedar Jadhav has said that MS Dhoni is his favourite cricketer and credited the former Indian skipper for helping him to shape his career.
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CreditEnable gets Aditya Ghosh on board to ramp up funding for SMEs
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], Apr 16 (ANI): CreditEnable, an artificial intelligence driven SME credit business, said on Thursday it is ramping up activities in India to help improve access to finance for small and medium enterprises (SMEs) during COVID19, and is adding Aditya Ghosh to its g
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CBI files chargesheet against 5 persons for causing loss of Rs 1.98 crore
Updated : 5 years, 11 months ago IST
Guwahati (Assam) [India], April 15 (ANI): The Central Bureau of Investigation (CBI) has filed a charge-sheet against former credit manager at Bank of India and four others, before a special CBI court here over an alleged scam amounting to Rs 1.98 crore.
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MP govt to deposit Rs 1,000 in migrant labourers' accounts: Shivraj Chouha
Updated : 5 years, 11 months ago IST
Bhopal (Madhya Pradesh) [India], April 15 (ANI): Madhya Pradesh Chief Minister Shivraj Singh Chouhan on Wednesday announced that Rs 1,000 would be credited in the accounts of the migrant labourers who are stranded in other states, amid the nationwide lockdown enforced to contain the sprea
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Chris Pratt hilariously trolls brother-in-law Patrick Schwarzenegger over
Updated : 5 years, 11 months ago IST
Washington D.C. [USA], April 14 (ANI): American actor Chris Pratt poked fun at his brother-in-law, Patrick Schwarzenegger over the latter's Instagram post caption.
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