Oct 29, 2020-Thursday

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Thursday, Oct 29, 2020


Oct 09, 2020 18:45
The non-banking financial companies (NBFCs) said the decision to keep the key repo rate -- at which the RBI lends short term money to banks -- unchanged was on expected lines and in consideration with keeping the inflation target while supporting growth. read more
Oct 09, 2020 15:55
The The Reserve Bank of India’s (RBI’s) move will likely make more credit available to borrowers and particularly for the higher value loans. read more
Oct 09, 2020 14:07
This arrangement entailed joint contribution of credit at the facility level, by both the NBFCs and banks and also sharing of risks and rewards between them for ensuring appropriate alignment of respective business objectives. read more
Oct 09, 2020 12:19
MPC voted for keeping interest rate unchanged and continued with its accommodative stance to support growth. read more
Oct 07, 2020 21:57
Rao was appointed to the post vacated by N S Vishwanathan, who stepped down three months ahead of his extended tenure on health grounds. read more
Oct 06, 2020 14:24
On September 28, the RBI had postponed the meeting of the MPC, which must have a quorum of four, as the appointment of independent members was delayed. read more
Oct 06, 2020 14:20
The RBI said it will hold the MPC meeting from Oct. 7 to Oct. 9, having delayed it by a week in order to give the government time to appoint three new external members to the panel. read more
Oct 05, 2020 13:42
A three-judge SC bench noted that the Centre’s affidavit not share details about the steps taken for implementation of its own policy decisions read more
Sep 29, 2020 19:15
With no signs of an early recovery, there is a strong case for a second stimulus package read more
Sep 27, 2020 16:08
RBI Governor Shaktikanta Das had earlier said although there was headroom for further monetary policy action, it was important to keep “our arsenal dry and use it judiciously.” read more
Sep 25, 2020 00:25
The bond market was expecting the Reserve Bank to absorb the excess supply of government papers since this was the first time in six months that the central bank was going for an outright purchase of bonds. read more
Sep 20, 2020 18:24
The country’s largest lender State Bank of India (SBI) saw the highest number of fraud cases; however, Bank of India was the worst hit in terms of value, as per a reply from the Reserve Bank on frauds reported by these lenders to RTI activist Chandra Shekhar Gaur. read more
Sep 17, 2020 00:56
The comments from the RBI governor are in sharp contrast to views expressed by the finance ministry’s chief economic adviser, Krishnamurthy Subramanian, who predicted a V-shaped economic recovery although he maintained that it will be challenging to recoup losses from the recent economic contraction over the short term. read more
Sep 13, 2020 18:12
There are fears that retail inflation would remain at an elevated level during the rest of the year limiting the scope for the RBI to further ease the benchmark interest rate. read more
Sep 13, 2020 16:37
Due to the moratorium, a number of customers had not been paying for the first three months and the company treated them as standard accounts in line with the entire industry. read more