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Confident enough that all will revise their GDP growth projection to 10-10
Updated : 4 years, 9 months ago IST
New Delhi [India], June 5 (ANI): After the second wave of Covid-19 pandemic had hit the country hard, which led the Reserve Bank of India (RBI) reduce its Gross Domestic Product (GDP) growth projection by 1 per cent in the current financial year, Rajiv Kumar, Vice-Chairman, NITI Aayog on Sat
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Consumer confidence drops to record low: RBI survey
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 5 (ANI): Consumer confidence has dipped to a new low as the second wave of Covid-19 pandemic continues to take a toll on lives and businesses across the country, a new survey by the Reserve Bank of India (RBI) shows.
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Extension in period for repayment under ECLGS will help MSMEs - Chairman T
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 4 (ANI/News Voir): The Government has modified the ECLGS (Emergency Credit Line Guarantee Scheme). Borrowers who are eligible for restructuring as per RBI guidelines of May 05, 2021 and had availed loans under ECLGS 1.0 of overall period of four years compr
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As repo rates remain unchanged, invest in a Bajaj Finance Online FD
Updated : 4 years, 9 months ago IST
Pune (Maharashtra) [India], June 4 (ANI/NewsVoir): On June 4, 2021, RBI Governor Shaktikanta Das announced that repo rates and reverse repo rates would remain unchanged at 4% and 3.35% respectively.
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Sensex dips 132 points as RBI cuts GDP forecast to 9.5 pc
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 4 (ANI): Equity benchmark indices closed lower on Friday as the Reserve Bank of India (RBI) maintained status quo on key interest rates but cut FY22 GDP forecast to 9.5 per cent due to Covid-19 pandemic's impact on lives and businesses.
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RBI announces G-SAP 2.0 of Rs 1.2 lakh crore in Q2
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 4 (ANI): The Reserve Bank of India (RBI) said on Friday that another round of Government Securities Acquisition Programme (G-SAP 1.0) worth Rs 40,000 crore will be conducted on June 17.
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RBI introduces Rs 15,000 crore liquidity window for contact-intensive sect
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 4 (ANI): The Reserve Bank of India (RBI) on Friday opened a separate liquidity window of Rs 15,000 crore till March 31 next year to mitigate the adverse impact of Covid-19's second wave on certain contact-intensive sectors.
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RBI cuts FY22 GDP forecast to 9.5 pc
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 4 (ANI): The Reserve Bank of India (RBI) on Friday cut its forecast of real GDP growth at 9.5 per cent in the current financial year (2021-2022).
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Equity indices trade flat as RBI keeps interest rates unchanged
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 4 (ANI): Equity benchmark indices traded flat during early hours on Friday as the Reserve Bank of India (RBI) maintained status quo on key interest rates.
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RBI maintains status quo on interest rates
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 4 (ANI): The Reserve Bank of India (RBI) on Friday held key interest rates and maintained an accommodative stance amid uncertainty over the economic impact of the COVID-19 pandemic's second wave.
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Cyril Amarchand Mangaldas welcomes Lily Vadera, P. K. Nagpal and Nilesh Sa
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 2 (ANI/NewsVoir): In its move to strengthen its Financial Institutions Group (FIG) and regulatory bench Cyril Amarchand Mangaldas (CAM) announced joining of three former senior regulators, Lily Vadera, Former Executive Director, Reserve Bank of India (RBI),
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Congress slams Centre for 'weakening of banking system', urges to handle f
Updated : 4 years, 9 months ago IST
New Delhi [India], June 1 (ANI): Congress spokesperson Gaurav Vallabh on Monday hit out at the Centre alleging that the failure of the Central government in controlling the COVID-19 situation in the country dealt a heavy blow to the economy.
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