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Equity indices dip despite RBI rate cut, fears of global recession loom ov
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], Mar 27 (ANI): Equity benchmark indices trimmed morning gains and slipped into the red on Friday afternoon even as the Reserve Bank of India (RBI) reduced the key repo rate by 75 basis points in line with central banks around the world to help combat the economic
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India Inc applauds robust liquidity infusion steps by RBI
Updated : 5 years, 11 months ago IST
New Delhi [India], Mar 27 (ANI): Industry bodies and market experts on Friday complimented the Reserve Bank of India (RBI) on the decision to reduce repo rate by 75 basis points and introduce a host of other measures to boost liquidity the financial system on account of COVID-19 outbreak and
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PM Modi welcomes RBI's decisions to safeguard economy from coronavirus imp
Updated : 5 years, 11 months ago IST
New Delhi [India], Mar 27 (ANI): Prime Minister Narendra Modi on Friday lauded the decisions taken by the Reserve Bank of India to combat the economic slowdown triggered by the coronavirus lockdown and said that it will improve liquidity, reduce the cost of funds and help the middle class an
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P Chidambaram terms RBI's moratorium on EMIs as 'ambiguous', 'half-hearted
Updated : 5 years, 11 months ago IST
New Delhi [India], Mar 27 (ANI): Former Union finance minister P Chidambaram called the Reserve Bank of India's (RBI) direction on the deferment of equated monthly instalments (EMIs) as "ambiguous" and "half-hearted".
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RBI reduces repo rate by 75 basis points to battle COVID-19 impact
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], Mar 27 (ANI): The Reserve Bank of India (RBI) on Friday lowered the key repo rate by 75 basis points to 4.4 per cent in a bid to arrest the economic slowdown amid coronavirus (COVID-19) outbreak.
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Rising probability that large parts of world will slip into recession due
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], Mar 27 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said that Monetary Policy Committee (MPC) has taken note of the global economic activity coming to a near standstill due to the coronavirus pandemic and added that large parts of the
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Repo rate reduced by 75 points to 4.4 per cent: RBI Governor Das
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], Mar 27 (ANI): Reserve Bank of India Governor Shaktikanta Das announced a reduction in the repo and reverse repo rate on Friday.
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Equities buoyant ahead of RBI briefing, banking stocks surge
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], Mar 27 (ANI): Equity benchmark indices were buoyant during early hours on Friday ahead of a media briefing by Reserve Bank of India (RBI) Governor Shaktikanta Das, raising hopes of liquidity-infusing steps to absorb the economic impact of coronavirus amid a coun
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RBI Governor Shaktikanta Das to address media today
Updated : 5 years, 11 months ago IST
New Delhi [India], Mar 27 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das will address the media at 10 am on Friday.
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RBI advances OMO purchase auction to Mar 24 and 26
Updated : 5 years, 12 months ago IST
Mumbai (Maharashtra) [India], Mar 23 (ANI): The Reserve Bank of India (RBI) on Monday advanced open market operations (OMO) purchase auction of Rs 30,000 crore.
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Odisha Govt requests RBI to ensure availability of sufficient cash in bank
Updated : 5 years, 12 months ago IST
Bhubaneswar (Odisha) [India], Mar 21 (ANI): The Odisha Government on Friday requested the Reserve Bank of India (RBI) to ensure availability of sufficient cash in currency chests, bank branches and ATMs across the state to meet the exigencies in view of COVID-19.
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RBI appoints two Additional Directors on Yes Bank's new board
Updated : 5 years, 12 months ago IST
Mumbai (Maharashtra) [India], Mar 20 (ANI): The Reserve Bank of India (RBI) on Friday appointed R Gandhi and Ananth Narayan Gopalakrishnan as Additional Directors on the board of Yes Bank Ltd from March 26 for a period of two years.
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