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RBI Central Board reviews economic situation at 585th meeting
Updated : 5 years, 5 months ago IST
New Delhi [India], October 23 (ANI): The Central Board of Reserve Bank of India (RBI) met on Friday under the chairmanship of Governor Shaktikanta Das through video conference.
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Jharkhand CM urges PM Modi to return deducted Rs 1,417 cr for DVC dues
Updated : 5 years, 5 months ago IST
Ranchi (Jharkhand) [India], October 23 (ANI): Jharkhand Chief Minister Hemant Soren on Thursday wrote a letter to Prime Minister Narendra Modi and condemned the act of deduction of Rs 1,417 crore from the account of state with the Reserve Bank of India (RBI) in connection with the pending pa
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India at doorstep of economic revival, says RBI Governor
Updated : 5 years, 5 months ago IST
New Delhi [India], October 22 (ANI): Indian economy is nearing revival from the COVID-19 pandemic, said Reserve Bank of India (RBI) Governor Shaktikanta Das, adding it is very important that the financial entities have adequate capital.
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A veiled conspiracy by Centre: Soren on government decision to debit Rs 1,
Updated : 5 years, 5 months ago IST
Ranchi (Jharkhand) [India], October 16 (ANI): After the Union government asked the Reserve Bank of India (RBI) to auto-debit Rs 1,417.50 crore as the first instalment from the state's account towards Damodar Valley Corporation (DVC) dues, Jharkhand Chief Minister Hemant Soren on Thursday hit
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Authorities permitting WhatsApp to start UPI payment app without storing d
Updated : 5 years, 5 months ago IST
New Delhi [India], October 15 (ANI): The Supreme Court on Thursday issued notice to the National Payment Corporation of India (NPCI) and the Reserve Bank of India (RBI) on a petition alleging authorities are permitting WhatsApp to start a UPI payment application in India without the mandator
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Loan moratorium exceeding six months can impact credit behaviour of borrow
Updated : 5 years, 5 months ago IST
New Delhi [India], October 10 (ANI): Extending the loan moratorium, which was announced to cope with the economic fallout of COVID-19, by another six months can impact the credit behaviour of borrowers and increase the risks of delinquencies post resumption of scheduled payments, the Reserve
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Equity indices close higher after RBI keeps key rates unchanged
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 9 (ANI): Equity benchmark indices maintained an upward trajectory on Friday after the Reserve Bank of India's (RBI) kept repo rate unchanged and continued with accommodative stance.
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Industry leaders hail RBI moves to ease liquidity conditions
Updated : 5 years, 5 months ago IST
New Delhi [India], October 9 (ANI): Industry leaders said on Friday the Reserve Bank of India (RBI) has taken several measures to boost growth without cutting key interest rates in view of evolving growth-inflation dynamics.
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RBI announces fresh measures to arrest economic downtrend
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], October 9 (ANI): The Reserve Bank of India (RBI) on Friday said it will maintain comfortable liquidity conditions and conduct market operations in the form of outright and special open market operations.
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GDP to contract by 9.5 pc in FY21, may turn positive by Q4: RBI
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], October 9 (ANI): The Reserve Bank of India (RBI) on Friday projected gross domestic product (GDP) contracting by 9.5 per cent in the current financial year amid disruptions caused by coronavirus pandemic which may turn positive in the last quarter (January to
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Equity indices volatile after RBI keeps key rates unchanged
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], October 9 (ANI): Equity benchmark indices were volatile with a slight positive bias during early hours on Friday after the Reserve Bank of India's (RBI's) Monetary Policy Committee kept repo rate unchanged at 4 per cent and continue with accommodative stance.
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RBI keeps repo rate unchanged amid high inflation
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], October 9 (ANI): The Reserve Bank of India (RBI) on Friday kept key repo rate unchanged at 4 per cent in view of rising inflation and faint signs of economic growth amid gradual lifting of coronavirus (COVID-19) countrywide lockdown.
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