Search For "repo rate"
COVID-19 biggest test of financial system's resilience: RBI Governor Das
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 11 (ANI): The Reserve Bank of India (RBI) has taken several measures to protect the country's financial system and support the economy after COVID-19 crisis, Governor Shaktikanta Das said on Saturday.
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RBI alleviating liquidity stress to offset COVID-19 impact on economy
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 11 (ANI): The Reserve Bank of India (RBI) has cut the repo rate by 250 basis points since February 2019 to alleviate liquidity stress and provide financial stability in the economy, said Governor Shaktikanta Das on Saturday.
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FICCI welcomes RBI's move to cut repo rate, extension of loan repayment mo
Updated : 5 years, 9 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, 9 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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Equity indices tumble by 1 pc on RBI rate cut, banking stocks suffer as mo
Updated : 5 years, 9 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, 9 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, 9 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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RBI slashes repo rate by 40 bps, extends loan moratorium by 3 months
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 22 (ANI): The Reserve Bank of India (RBI) on Friday reduced the repo rate by 40 basis points to 4 per cent and extended the loan repayment moratorium for another three months up to August 31.
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RBI cuts repo rate by 40 bps to 4 pc to increase credit flow
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 22 (ANI): The Reserve Bank of India (RBI) on Friday reduced repo rate by 40 basis points to 4 per cent in an effort to further boost liquidity in the economy which has been reeling under the impact of COVID-19 induced countrywide lockdown.
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RBI measures will maintain adequate liquidity in system, boost economic re
Updated : 5 years, 11 months ago IST
New Delhi [India], April 17 (ANI): Defence Minister Rajnath Singh on Friday said the announcements made by the Reserve Bank of India (RBI) will not only maintain adequate liquidity in the system but will also boost the economic recovery in the country.
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Steps taken by RBI to boost Indian economy further reinforce PM Modi's vis
Updated : 5 years, 11 months ago IST
New Delhi [India], April 17 (ANI): Union Home Minister Amit Shah on Friday said that Prime Minister Narendra Modi-led Central government is leaving no stone unturned in the fight against COVID-19, "ensuring minimum disruption in people's lives while planning for a strong and stable India
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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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