Search For "the reserve bank of india"
RBI cuts key interest rates, forecasts H1 FY21 GDP growth to contract on C
Updated : 6 years, 1 month 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 : 6 years, 1 month 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 : 6 years, 1 month 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 : 6 years, 1 month 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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SC issues notice to Centre, RBI over plea seeking clarity on loan moratori
Updated : 6 years, 1 month 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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Govt-guaranteed COVID-19 crisis liquidity bridge from banks for sustainabl
Updated : 6 years, 2 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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RBI extends regulatory benefits under SLF-MF Scheme
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], April 30 (ANI): The Reserve Bank of India (RBI) on Thursday decided that regulatory benefits announced under the special liquidity facility for mutual funds (SLF-MF) scheme will be extended to all banks, irrespective of whether they avail funding from the cen
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Financial stocks gain as RBI opens liquidity window for mutual funds
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], April 27 (ANI): Equity benchmark indices trimmed early gains in the afternoon session on Monday but closed in the green with a surge in financial stocks after the Reserve Bank of India launched a special liquidity facility worth Rs 50,000 crore for mutual funds
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RBI announces Rs 50,000 crore special liquidity facility for mutual funds
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], April 27 (ANI): The Reserve Bank of India (RBI) on Monday decided to open a special liquidity facility for mutual funds of Rs 50,000 crore in a bid to arrest redemptions in the asset management industry after last week's collapse of six debt schemes of Franklin
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RBI announces special OMO of simultaneous purchase and sale of government
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], April 23 (ANI): The Reserve Bank of India (RBI) said on Thursday it will conduct simultaneous purchase and sale of government securities under open market operations (OMOs) for Rs 10,000 crore each on April 27.
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Banking, auto stocks jump as RBI unveils steps to ease liquidity
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], April 17 (ANI): Equity benchmark indices jumped over 3 per cent on Friday as the Reserve Bank of India unveiled measures to ease liquidity and bank credit as part of economic relief to offset the fallout of coronavirus lockdown.
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RBI measures will maintain adequate liquidity in system, boost economic re
Updated : 6 years, 2 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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