Search For "reserve bank of india"
RBI to follow calibrated unwinding of emergency measures post-COVID: Gover
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], Aug 27 (ANI): The Reserve Bank of India will not unwind all recent measures taken to shore up the economy amid COVID-19 pandemic and act when the situation arises, Governor Shaktikanta Das said on Thursday.
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Resolution framework to give durable relief to borrowers facing COVID-19 r
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], Aug 27 (ANI): While the Reserve Bank of India's (RBI's) moratorium on repaying loans was a temporary solution in the context of COVID-19 lockdown, the resolution framework is expected to give a durable relief to borrowers facing the pandemic-related stress, Gove
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RBI has confirmed what I've been warning for months: Rahul Gandhi
Updated : 5 years, 10 months ago IST
New Delhi [India], Aug 26 (ANI): Congress leader Rahul Gandhi on Wednesday hit out at the Centre over the Reserve Bank of India's latest warning on economic contraction amid the novel coronavirus pandemic and said that "distractions through media will not help the poor".
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RBI calls for wide-ranging reforms to offset COVID-19 losses
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], Aug 25 (ANI): Declining capacity utilisation, weakening of consumption demand and overhang of stressed balance sheets are restraining new investments, the Reserve Bank of India (RBI) said on Tuesday while calling for wide-ranging reforms to regain losses due to
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RBI announces special OMO of purchase and sale of govt securities
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], Aug 25 (ANI): The Reserve Bank of India (RBI) will again conduct simultaneous purchase and sale of government securities under the open market operation (OMO) for Rs 20,000 crore in two tranches of Rs 10,000 crore each.
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Extend moratorium period for repayment of loans, provide financial assista
Updated : 5 years, 10 months ago IST
New Delhi [India], Aug 24 (ANI): A petition was moved in the Delhi High Court on Monday seeking directions to the Central government and the Reserve Bank of India (RBI) to extend the moratorium period for repayment of term loan and credit cards for another 12 months or until the COVID-19 sit
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Plea seeks action against Google Pay for alleged violation of guidelines,
Updated : 5 years, 10 months ago IST
New Delhi [India], Aug 24 (ANI): The Delhi High Court on Monday issued notice to the Centre, the Reserve bank of India (RBI) and others on a plea seeking action against Google Pay for allegedly violating RBI guidelines related to data localisation, storage and sharing norms.
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RBI moratorium on repaying loans should not be extended: PNB
Updated : 5 years, 10 months ago IST
New Delhi [India], Aug 24 (ANI): Punjab National Bank said on Monday that the moratorium on repaying loans till August 31 as announced by the Reserve Bank of India (RBI) should not be extended as green shoots are emerging in the economy.
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RBI unveils 5-year national strategy for financial education
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], Aug 20 (ANI): The Reserve Bank of India on Thursday released a national strategy for financial education to be implemented in the next five years.
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Past instances of bank loan restructuring do not inspire confidence: Ind-R
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], Aug 19 (ANI): The recently announced loan restructuring guidelines for COVID-19 related stress will provide banks with an opportunity to keep viable accounts as standard in their books, India Ratings and Research (Ind-Ra) said on Wednesday.
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Gold loan relaxation of LTV norms to limit exposure appetite of banks: Ind
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], Aug 13 (ANI): Gold loan non-banking finance companies (NBFCs) are unlikely to be significantly impacted by the Reserve Bank of India's new guidelines allowing banks to lend up to 90 per cent of the gold value as prudent lending practices may demand lenders to be
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Refinancing needs to rise as NBFCs roll out restructuring plans: Ind-Ra
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], Aug 12 (ANI): The Reserve Bank of India's decision allowing lenders to restructure loans will increase their refinancing requirements, especially for non-banking banking companies (NBFCs), India Ratings and Research (Ind-Ra) said on Wednesday.
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