Search For "reserve bank"
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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RBI slashes repo rate by 40 bps, extends loan moratorium by 3 months
Updated : 5 years, 10 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, 10 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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Equity indices flat ahead of RBI Governor's press meet
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 22 (ANI): Equity benchmark indices were flat during early hours on Friday as Reserve Bank of India (RBI) governor Shaktikanta Das prepared to address a press conference.
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RBI Governor to hold press conference at 10 am today
Updated : 5 years, 10 months ago IST
New Delhi [India], May 22 (ANI): Reserve Bank of India (RBI) governor Shaktikanta Das on Friday will address a press conference at 10 am.
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SC issues notice to Centre, RBI over plea seeking clarity on loan moratori
Updated : 5 years, 10 months ago IST
New Delhi [India], May 15 (ANI): The Supreme Court on Friday issued notices to the Central government and the Reserve Bank of India (RBI) on a plea seeking clarification whether all non-banking finance companies are eligible for loan moratorium or not.
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Delhi HC notice on plea seeking suspension of Google Pay UPI for 'wilful n
Updated : 5 years, 10 months ago IST
New Delhi [India], May 15 (ANI): Delhi High Court has issued notices to the Central government, Reserve Bank of India (RBI), Google India Digital Services Private Limited and others on a petition seeking suspension of Google Pay UPI for alleged wilful non-compliance of directives.
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Govt-guaranteed COVID-19 crisis liquidity bridge from banks for sustainabl
Updated : 5 years, 10 months ago IST
New Delhi [India], May 12 (ANI): The government, the Reserve Bank of India (RBI) and banks need to collectively take measures to ensure that businesses do not collapse en masse due to COVID-19 impact and in turn push banks into a systemic failure, according to a study by lead industry body F
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Tamil Nadu govt forms high-level committee, headed by former RBI Guv, to a
Updated : 5 years, 10 months ago IST
Chennai (Tamil Nadu) [India], May 9 (ANI): The Tamil Nadu government has constituted a high-Level Committee, headed by Dr C Rangarajan, former Reserve Bank of India Governor, to assess the overall immediate and medium-term impact of COVID-19 on the state's economy, including the impact of th
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