Aug 05, 2020-Wednesday

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Wednesday, Aug 05, 2020
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Reserve bank

Jul 26, 2020 16:19
So far this year, the country’s exposure has seen significant fluctuations and had touched a record high of USD 177.5 billion in February. read more
Jul 10, 2020 14:33
This is the fourth scandal Punjab National Bank is complaining of in three years. In 2018 it alleged it was swindled of $2 billion by a jeweler who colluded with bank officials. read more
Jun 19, 2020 18:39
“National Institute of Public Finance and Policy is privileged to have Dr. Urjit Patel, former Reserve Bank Governor, as its Chairperson for a four-year term commencing June 22, 2020,” the economic think tank said in a statement. read more
May 14, 2020 19:20
For small businesses, the minister announced a 2 per cent interest subvention on the smallest category of loans to be given under the MUDRA-Shishu loan scheme, which would add up to Rs 50,000. read more
May 13, 2020 21:22
The government has been bold. Now don’t worry about inflation or capital flight, use the money financing route read more
May 04, 2020 18:37
Self-targeting features of a universal job guarantee make it a long-term policy option to protect informal workers in urban India read more
May 03, 2020 19:33
Whether the government decides to borrow more or raise revenues, it should confront these difficult choices using the key principles of public finance read more
Mar 31, 2020 00:22
Only farmers with a record of timely repayments get short-term crop loans at a concessional rate. Therefore, farmers who missed payments due after March 1 won’t have to pay any penalty if they repay by May 31. read more
Mar 16, 2020 15:05
The hurriedly called press conference in Mumbai comes amid widespread call for a rate cut following similar steps by the world’s leading central banks. The US Federal Reserve has cut the policy rates to near-zero levels in a span of 10 days. read more
Mar 14, 2020 19:01
It does seem that the PM now chooses his advisers because they have agreed with him in the past. Isn’t there, therefore, a danger that they will feel obliged to read his mind before giving advice now, and that rather than being independent-minded, they will become committed? read more
Mar 13, 2020 15:52
The statement comes at a day when trading on the Indian stock exchanges hit a “circuit breaker” -- first time since 2008 -- as soon as markets opened on Friday. read more
Mar 12, 2020 17:55
The bank’s shareholding in Yes Bank will remain within 49 per cent of the paid up capital of the private sector lender. read more
Mar 12, 2020 16:53
Under the swaps, banks will buy US dollars from the RBI and simultaneously agree to sell the same amount of the American currency at the end of the swap period. read more
Mar 09, 2020 18:07
The final approval from RBI to the SBI-led resolution plan would result in lifting of the moratorium, said Prashant Kumar. read more
Mar 08, 2020 21:08
RBI’s moratorium on the crisis-ridden Yes Bank limiting withdrawals to Rs 50,000 for a month had triggered panic among account holders who lined up before branches and ATMs to withdraw their money read more