Clipped from: https://www.business-standard.com/ Following this, the reverse repo rate, or the rate at which the banks perk extra liquidity with the RBI, was reduced to 3.35
Category: Economy
RBI rate cuts won’t help, get banks to lend – The Financial Express
Clipped from: https://www.financialexpress.com/ If the financial system isn’t fixed, it can’t support business, and there will be no growth. Repo rate cuts have outlived their utility.
Deposits rise over Rs 2.8 lakh crore in six weeks of lockdown – The Economic Times
Clipped from: https://economictimes.indiatimes.com Bank deposits have risen by over Rs 2.8 lakh crore in three fortnights of the lockdown till May 8, while bank credit during
About 20% SBI borrowers opt for loan repayment moratorium: Chairman – The Economic Times
Clipped from: https://economictimes.indiatimes.com SBI Chairman Rajnish Kumar on Friday said close to 20% of the bank’s borrowers have opted for moratorium on repayment of term loans
Easy going | The Indian Express
Clipped from: https://indianexpress.com Monetary policy may have greater space to operate. But there are limits to what it can achieve. The dovish tone of the policy
RBI warns of encircling gloom, the challenge of dissipating it remains unmet–Times of India
Clipped from: https://timesofindia.indiatimes.com Delivering a dire prognosis to the country, RBI governor Shaktikanta Das has indicated that GDP growth could be in the negative territory in
The economic package: Few takeaways–Times of India
Clipped from: https://timesofindia.indiatimes.com Difference is of ten times – the government announced economic package is around 21 Crores, more than 10% of GDP, while many observers
Another push: But RBI’s arrows are having diminishing impact–Times of India
Clipped from: https://timesofindia.indiatimes.com Reserve Bank of India governor Shaktikanta Das yesterday indicated that national output may shrink this financial year, which would make it the first
A package without content: Government’s package doesn’t deliver on fiscal relief, job and wage protection–Times of India
Clipped from: https://timesofindia.indiatimes.com/ By Abhishek Singhvi and Jaiveer Shergill The Indian government, in an attempt to paint a rosy picture on a cactus canvas, has lauded
Tell govt to take fiscal measures: Chidambaram to RBI governor after fresh cut in repo rate – The Economic Times
Clipped from: https://economictimes.indiatimes.com “Governor Shaktikanta Das says demand has collapsed, growth in 2020-21 headed toward negative territory. Why is he then infusing more liquidity? He should
RBI’s second booster shot: Key policy rates cut – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/ Repo rate snipped 40 bps to 4 per cent, reverse repo now at 3.35 per cent; moratorium on debt servicing extended until August
Banks bat for package for beleaguered aviation, hospitality, realty sectors | Business Standard News
Clipped from: https://www.business-standard.com/ Public sector bank executives said these three sectors have been hit badly in the immediate aftermath of lockdown announced in March 2020 Central
Last rate cut for now but there’re more bullets in RBI’s chamber | Business Standard Column
Clipped from: https://www.business-standard.com/ Following this, the reverse repo rate, or the rate at which the banks perk extra liquidity with the RBI, was reduced to 3.35
Why RBI had to go for another rate cut before schedule – The Financial Express
Clipped from: https://www.financialexpress.com RBI cut the repo rate by 40bps. More steps by the central bank are likely to follow over the next few months, but
RBI remains silent on one-time loan recast and 180-day NPA recognition – The Financial Express
Clipped from: https://www.financialexpress.com Friday’s regulatory announcements turned out to be bittersweet for banks and industry as the Reserve Bank of India (RBI) granted an extension of
RBI comes to rescue of cash-strapped large corporations, gives these relaxations – The Financial Express
Clipped from: https://www.financialexpress.com With a view to facilitating flow of credit flow to large corporates, Reserve Bank of India (RBI) governor Shaktikanta Das on Friday raised
उच्चशिक्षणमंत्र्यांचा हस्तक्षेप–लोकसत्ता
Clipped from: https://www.loksatta.com अस्तित्वात असलेल्या नोकऱ्याच राहतात की जातात, अशी सध्याची अवस्था. अस्तित्वात असलेल्या नोकऱ्याच राहतात की जातात, अशी सध्याची अवस्था. त्यात नोकरीच्या बाजारात नव्याने उतरणाऱ्या
Is this all that RBI can do?–Editorial–Economic Times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/is-this-all-that-rbi-can-do/ It might be useful for the Reserve Bank of India (RBI) to glance through the latest issue of the central bank’s Weekly Statistical
RBI measures to help revive economy: SBI Chairman – The Economic Times
Clipped from: https://economictimes.indiatimes.com “The entire effort of the government and the RBI is to revive the growth in the economy and at the same time recognising
India runs out of options, first full-year contraction in 4 decades all set to be reality – The Economic Times
Clipped from: https://economictimes.indiatimes.com RBI governor Shaktikanta Das today said that GDP growth would likely remain negative in 2020-21. Lending credence to the dire forecasts rating agencies
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