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Tag: Reserve Bank of India

Accelerated Recovery: RBI to maintain accommodative stance, rates
National / News Update

RBI extends regulatory benefits under SLF-MF scheme to all banks

April 30, 2020 - by IANS

Mumbai: The Reserve Bank of India (RBI) on Thursday extended the regulatory benefits announced under the SLF-MF scheme to all banks, irrespective of whether they avail funding from the Central Bank …

RBI extends regulatory benefits under SLF-MF scheme to all banks Read More
RBI revises FY21 growth to (-)7.5% on current recovery rate, vaccine hopes
National / News Update

RBI’s NPA relief for banks comes with requirement for more provisioning

April 17, 2020 - by IANS

Mumbai: In a bid to curb bad loans and main capital adequacy of banks the Reserve Bank of India has said that banks will have to maintain a higher provision of …

RBI’s NPA relief for banks comes with requirement for more provisioning Read More
Accelerated Recovery: RBI to maintain accommodative stance, rates
National / News Update

RBI hints at further cut in interest rate to counter corona risks

April 17, 2020 - by IANS

New Delhi: The Reserve Bank of India has hinted at further cuts in interest rates to maintain adequate liquidity in the system and counter the intensification of risks to growth and …

RBI hints at further cut in interest rate to counter corona risks Read More
Business / News Update

Sensex up 1,000 points ahead of RBI Governor’s briefing

April 17, 2020 - by IANS

Mumbai: The Indian stock market opened on a positive noted on Friday, with the BSE Sensex rising over 1,000 points. The gains came ahead of the briefing by the Reserve Bank …

Sensex up 1,000 points ahead of RBI Governor’s briefing Read More
RBI revises FY21 growth to (-)7.5% on current recovery rate, vaccine hopes
National / News Update

New timings for G-Sec, forex markets till April 30: RBI

April 16, 2020 - by IANS

Mumbai: Reserve Bank of India on Thursday said the new market timings for the government bond and forex markets will be maintained till April 30. Earlier, the RBI notified that market …

New timings for G-Sec, forex markets till April 30: RBI Read More
National / News Update

All-out efforts needed to protect Indian economy: RBI Guv

April 13, 2020 - by IANS

Mumbai: Reserve Bank of India (RBI) Governor Shaktikanta Das is of the view that all-out effort is required to protect the domestic economy against the impact of the cornavirus crisis, according …

All-out efforts needed to protect Indian economy: RBI Guv Read More
RBI revises FY21 growth to (-)7.5% on current recovery rate, vaccine hopes
National / News Update

New reduced timings for G-sec, forex markets: RBI

April 3, 2020 - by IANS

Mumbai: Reserve Bank of India on Friday notified new market timings for the government bond, forex markets, while maintaining the duration of other key banking related activities. Accordingly, the RBI notified …

New reduced timings for G-sec, forex markets: RBI Read More
RBI revises FY21 growth to (-)7.5% on current recovery rate, vaccine hopes
National / News Update

No need to pay EMIs of home, auto, farm loans till May 31

March 27, 2020 - by IANS

New Delhi: An average Indian who has taken a home or an auto loan and a farmer under the stress of a crop loan from banks and NBFCs, can now have …

No need to pay EMIs of home, auto, farm loans till May 31 Read More
India's forex reserves decline by over $3 billion
Business / News Update

RBI rate cut fails to boost market, Sensex falls to trade in red

March 27, 2020 - by IANS

Mumbai: Indian stock markets erased all their initial gains on Friday afternoon, with the BSE Sensex trading over 250 points lower, although the Reserve Bank of India (RBI) announced an emergency …

RBI rate cut fails to boost market, Sensex falls to trade in red Read More
Accelerated Recovery: RBI to maintain accommodative stance, rates
Business / National / News Update

RBI cuts key lending rates to 4.40%; maintains accommodative stance

March 27, 2020 - by IANS

Mumbai: The Reserve Bank of India (RBI) on Friday massively reduced the key lending rates in response to the COVID-19 outbreak. Accordingly, the Monetary Policy Committee of the central bank in …

RBI cuts key lending rates to 4.40%; maintains accommodative stance Read More

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