The exemption in maintaining cash reserve ratio (CRR) for incremental retail, MSME (micro, small and medium enterprises) lending, and liquidity assurance will incentivise banks to
Day: February 7, 2020
Instant allotment of e-PAN based on Aadhaar to begin this month – Times of India
NEW DELHI: The government this month will roll out a facility to issue online PAN (permanent account number) cards instantly on furnishing of Aadhaar details,
RBI MPC: Easing without cutting–Economic Times
By Siddhartha Sanyal The MPC’s decision to keep the repo rate unchanged in February is no surprise. Given the spike in retail inflation prints in
The focus of the government continues to be on lowering the cost of capital–Indian Express
The focus of the government continues to be on lowering the cost of capital. Fiscal deficit targets sometimes lead to vicious cycles. As an economy
RBI has many other tools to revive growth, not just interest rates: Shaktikanta Das | Business News,The Indian Express
After leaving benchmark interest rates unchanged in the second consecutive policy review, RBI governor Shaktikanta Das on Thursday said the central bank has many other instruments
RBI keeps repo rate unchanged at 5.15%, sees GDP growth in 2020-21 at 6% | Business News,The Indian Express
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) kept its repo rate under the liquidity adjustment facility (LAF) unchanged at 5.15
Bankers, analysts welcome RBI’s liquidity boosting policy measures | Business Standard News
Bankers and analysts were positively surprised with the slew of liquidity-enabling measures announced in an otherwise expected RBI monetary policy that left the key rates unchanged
RBI keeps rates steady to balance growth, inflation – business news – Hindustan Times
The Reserve Bank of India (RBI) on Thursday kept policy rates unchanged for the second time in a row as it saw inflation “elevated and
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