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RBI keeps repo rate unchanged at 4 pc, pegs GDP growth at 10.5 pc
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], February 5 (ANI): The Reserve Bank of India (RBI) on Friday kept the repo rate and reverse repo rate unchanged at 4 per cent and 3.35 per cent respectively while continuing the accommodative stance.
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RBI keeps repo rate unchanged at 4 pc
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], February 5 (ANI): The Reserve Bank of India's (RBI) Monetary Policy Committee has voted unanimously to keep the policy repo rate unchanged at 4 per cent, said RBI Governor Shaktikanta Das on Friday.
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Equities spurt as RBI keeps rates unchanged, SBI up 12 pc
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], February 5 (ANI): The rally at bourses continued during early hours on Friday as the Reserve Bank of India (RBI) kept key interest rates unchanged.
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Budget should be seen as extension of Atmanirbhar, RBI's economic package
Updated : 5 years, 1 month ago IST
New Delhi [India], February 2 (ANI): Union Minister Ravi Shankar Prasad on Monday said the Union Budget 2021 should be seen as an extension of the Centre's Atmanirbhar and the Reserve Bank of India's economic package of Rs 27 lakh crore.
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India's economic recovery post COVID is strong; Union Budget will be game-
Updated : 5 years, 1 month ago IST
New Delhi [India], January 28 (ANI): Asserting that the economic recovery of India post-COVID is strong and widespread across all segments, the Bharatiya Janata Party (BJP) on Thursday said that Union Budget 2021 will be a game-changer with a focus on areas that have not received full suppor
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RBI proposes revised regulatory framework for NBFCs
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], January 22 (ANI): The Reserve Bank of India (RBI) on Friday proposed tighter regulations for large non-banking finance companies (NBFCs) and creation of a multi-layer model in the fast-growing industry.
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NBFCs, fintech companies urge FM Sitharaman to enhance lending facilities
Updated : 5 years, 2 months ago IST
New Delhi [India], January 19 (ANI): Non-banking finance companies (NBFCs) and fintech players have urged Finance Minister Nirmala Sitharaman to enhance the lending facilities by three to four years which were announced and extended by the Reserve Bank of India (RBI) during Covid-19 lockdown
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Delhi HC directs PMC Bank to consider afresh applications of depositors se
Updated : 5 years, 2 months ago IST
New Delhi [India], January 18 (ANI): The Delhi High Court on Monday directed the administrators of Punjab and Maharashtra Co-operation (PMC) Bank to decide afresh about the applications of depositors seeking money for the medical and educational emergencies.
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Petitions in SC seeking direction for contempt of court proceedings agains
Updated : 5 years, 2 months ago IST
New Delhi [India], January 16 (ANI): A number of petitions had been filed before the Supreme Court seeking its direction for initiation of contempt of court proceedings and punishing Reserve Bank of India Governor Shaktikanta Das, and others for allegedly and willfully violating the apex cou
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RBI open to examine proposal on bad banks: Shaktikanta Das
Updated : 5 years, 2 months ago IST
New Delhi [India], January 16 (ANI): If there is any proposal of bad banks, the Reserve Bank of India (RBI) will examine the proposal, RBI Governor Shaktikanta Das during 39th Palkhiwala Memorial lecture on Saturday.
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Kirit Somaiya wrote to ED, RBI to check Anand Adsul's role in PMC Bank sca
Updated : 5 years, 2 months ago IST
New Delhi [India], January 16 (ANI): Bharatiya Janata Party (BJP) leader Kirit Somaiya on Friday informed that he has written a letter to the Enforcement Directorate (ED) and Reserve Bank of India (RBI) to check the role of Anand Adsul and his family in Punjab and Maharashtra Cooperative (PM
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RBI sets up Working Group to study all aspects of digital lending activiti
Updated : 5 years, 2 months ago IST
New Delhi [India], January 13 (ANI): Reserve Bank of India (RBI) has set up a Working Group to study all aspects of digital lending activities in the regulated financial sector as well as by unregulated players so that an appropriate regulatory approach can be put in place.
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