Search For "reserve bank"
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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LVB gets an indicative non-binding offer from Clix Group
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 8 (ANI): Beleaguered private sector lender Lakshmi Vilas Bank (LVB) said on Thursday it has received an indicative non-binding offer from Clix Group for the proposed merger.
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International payment gateway, DokyPay joins the Payment Council of India
Updated : 5 years, 5 months ago IST
New Delhi [India], October 8 (ANI/NewsVoir): With a vision to transform India into a digitally empowered society, DokyPay announced its membership with the Payments Council of India.
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Punjab CM directs procurement agencies to pay pending dues of farmers
Updated : 5 years, 5 months ago IST
Chandigarh (Punjab) [India], October 7 (ANI): With the Reserve Bank of India on Wednesday sanctioning a Cash Credit Limit (CCL) amount of Rs 30,220.82 crore for procurement of paddy in the Kharif marketing season 2020-21 for the month of October, Punjab Chief Minister Captain Amarinder Singh
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Economic recovery key to limiting Indian banks' loan losses: Fitch
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra), October 6 (ANI): Indian banks face a tough operating environment in the near term as stressed loans and write-offs increase as a result of the economic fallout from the coronavirus pandemic, Fitch Ratings said on Tuesday.
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RBI to announce monetary policy on Oct 9
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], October 6 (ANI): The next meeting of Reserve Bank of India's (RBI's) Monetary Policy Committee (MPC) will be held from October 7 to 9, the central bank said on Tuesday.
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SC dissatisfied with affidavit on moratorium, interest waiver; orders Cent
Updated : 5 years, 5 months ago IST
New Delhi [India], October 5 (ANI): Dissatisfied with an affidavit filed on two petitions, seeking an extension of the moratorium period on the repayment of loans and waiver of interest on "loans up to Rs 2 crore" in the wake of the COVID-19 pandemic, the Supreme Court on Monday directed
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States, UTs to borrow over Rs 2 lakh cr from markets during Oct-Dec 2020 q
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], September 30 (ANI): The Reserve Bank of India (RBI) on Wednesday announced that the quantum of total market borrowings by the state governments and Union Territories for the quarter October-December 2020 is expected to be Rs 2,02,242.35 crores an official sta
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