Search For "rbi"
Congress steps up attack on Centre over reduction in interest rates of sav
Updated : 5 years, 10 months ago IST
New Delhi [India], May 29 (ANI): The Congress on Friday stepped up its attack on the BJP-led government at the Centre over the reduction in interest rates of saving and fixed deposit instruments and the decision to discontinue RBI Bond, saying the middle class and lower middle class are in "
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Delhi HC directs RBI, PMC Bank to consider needs of depositors
Updated : 5 years, 10 months ago IST
New Delhi [India], May 29 (ANI): Delhi High Court has directed the Reserve Bank of India (RBI), Punjab Maharashtra Cooperative Bank, and other respondents to consider the needs of the depositors during the coronavirus-induced lockdown.
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Middle class in economic grief, reduction of interest rates brainless: Sur
Updated : 5 years, 10 months ago IST
New Delhi [India], May 29 (ANI): Congress leader Randeep Singh Surjewala on Friday said that the people belonging to the middle class and lower middle class are in economic grief and added that the decision to reduce the interest rates and discontinue the RBI Bonds during the coronavirus loc
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RBI imposes penalty of Rs 1.2 crore on Karnataka Bank for non-compliance o
Updated : 5 years, 10 months ago IST
New Delhi [India], May 29 (ANI): The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1.2 crore on Karnataka Bank Limited for non-compliance of asset classification, divergence and provisioning norms.
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Abolition of RBI bond another cruel blow, citizens must demand its restora
Updated : 5 years, 10 months ago IST
New Delhi [India], May 28 (ANI): Former Union Finance Minister and senior Congress leader P Chidambaram on Thursday said that the abolition of the RBI bond is another "cruel blow" and all citizens must demand that it must be restored immediately.
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Rahul Gandhi speaks to experts Ashish Jha, Johan Giesecke on COVID-19 situ
Updated : 5 years, 10 months ago IST
New Delhi [India], May 27 (ANI): After his interaction with former RBI Governor Raghuram Rajan and Nobel laureate Abhijit Banerjee, Congress leader Rahul Gandhi spoke to Professor Ashish Jha, a globally recognised public health professional and Professor Johan Giesecke, the famous Swedish
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FICCI welcomes RBI's move to cut repo rate, extension of loan repayment mo
Updated : 5 years, 10 months ago IST
New Delhi [India], May 22 (ANI): Federation of Indian Chambers of Commerce and Industry (FICCI) Secretary-General Dilip Chenoy on Friday lauded the Reserve Bank of India's (RBI) decision to slash the repo rate and reverse repo rate and extension of the loan repayment moratorium.
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Equity indices in red after RBI rate cut, banking stocks down as loan mora
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 22 (ANI): Equity benchmark indices closed lower on Friday due to underperformance by banking and financial stocks as the Reserve Bank of India forecast contraction in H1 FY21 GDP growth, cut repo rate by 40 basis points to inject liquidity and extended the l
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Industry appreciates RBI rate cut, loan moratorium extension
Updated : 5 years, 10 months ago IST
New Delhi [India], May 22 (ANI): Industry experts on Friday largely welcomed the Reserve Bank of India's measures to increase private consumption and provide liquidity access to all sectors hit by the Covid-19 pandemic.
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Equity indices tumble by 1 pc on RBI rate cut, banking stocks suffer as mo
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 22 (ANI): Equity benchmark indices fell by 1 per cent during the afternoon on Friday as the Reserve Bank of India forecast contraction in H1 FY21 GDP growth, cut repo rate by 40 basis points and extended the loan repayment moratorium for another three months
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RBI cuts key interest rates, forecasts H1 FY21 GDP growth to contract on C
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 22 (ANI): The Reserve Bank of India (RBI) on Friday unveiled a series of measures to minimise the impact of coronavirus (COVID-19) pandemic and subsequent countrywide lockdown which is likely to contract GDP growth rate in the first half of current financial
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Welcome RBI's move to cut repo rate, it will boost demand amid COVID-19: P
Updated : 5 years, 10 months ago IST
New Delhi [India], May 22 (ANI): Union Minister Piyush Goyal on Friday welcomed the Reserve Bank of India's (RBI) move to cut repo rate and reducing the reverse repo rate saying that it will boost demand amid COVID-19 by extending affordable credit to MSMEs and other businesses.
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