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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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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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RBI reduces reverse repo rate by 25 basis points from 4 pc to 3.75 pc
Updated : 5 years, 11 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 : 5 years, 11 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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RBI announces fourth TLTRO to further ease liquidity
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 15 (ANI): The Reserve Bank of India (RBI) said on Wednesday it will conduct the next targeted long-term repo operations (TLTRO) for Rs 25,000 crore on April 17.
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Govt must take steps to thwart any attempts of takeover in pharma and insu
Updated : 5 years, 11 months ago IST
New Delhi [India], April 14 (ANI): Following Congress leader Rahul Gandhi's remarks on Sunday that the government must protect corporate entities from "foreign interests", the Congress party has demanded the Centre to be careful and instruct SEBI and RBI to take appropriate steps to thwart a
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Banks not following RBI directive on gold margin calls: Mehrasons
Updated : 5 years, 11 months ago IST
New Delhi [India], Apr 11 (ANI): Amid spreading coronavirus and subsequent lockdown, borrowers of a gold metal loan (GML) are facing excessive heat as the price of the yellow metal has risen astronomically, triggering margin calls that need to be fulfilled.
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SIDBI can't raise demands towards due instalment from ICCL until RBI clari
Updated : 5 years, 11 months ago IST
New Delhi [India], April 10 (ANI): Delhi High Court has said the Small Industries Development Bank of India (SIDBI) will not raise any further demand on Indiabulls Commercial Credit Limited towards the due instalments until it obtains clarification from the RBI.
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Rajasthan CM writes to PM Modi, seeks Rs 1 lakh cr package for States
Updated : 5 years, 11 months ago IST
Jaipur (Rajasthan) [India], April 6 (ANI): Rajasthan Chief Minister Ashok Gehlot has written to Prime Minister Narendra Modi, seeking urgent steps to empower the State governments.
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Congress seeks Rs 1 lakh crore assistance for States in battle against COV
Updated : 5 years, 11 months ago IST
New Delhi [India], April 4 (ANI): Asserting that the real battle to combat coronavirus is being fought in the States, the Congress on Saturday said they were facing a shortage of funds and demanded a special economic package of at least Rs 1 lakh crore to help them deal with the crisis cr
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