Jul 07, 2020-Tuesday

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Tuesday, Jul 07, 2020

Shaktikanta das

Jun 06, 2020 04:51
The monetary policy committee (MPC) meeting, which was scheduled from June 3 to 5, was advanced to May 20-22 as macroeconomic conditions deteriorated. read more
May 23, 2020 13:52
On Friday, RBI governor Shaktikanta Das admitted that growth will be in “negative territory” this year, the first time anyone in the government or the central bank has admitted that India’s gross domestic product (GDP) will shrink this year. read more
May 22, 2020 23:58
The Monetary Policy Committee of the Reserve Bank of India (RBI) cut the policy rate by 40 basis points to 4.0% on Friday, acknowledging the adverse impact on the Indian economy of the coronavirus disease (Covid-19) and the lockdown imposed to combat its spread. read more
May 22, 2020 13:46
The central bank expects the economy to contract in the fiscal year through March 2021 as the impact of the coronavirus and measures taken to contain the pandemic severely affect domestic activity. read more
May 22, 2020 12:18
The ‘eminent’ category has been challenged by the ministry of corporate affairs in the National Company Law Tribunal (NCLT). read more
May 22, 2020 11:23
Headline inflation may remain firm in the first half of the year and may ease in second half. read more
May 22, 2020 11:04
In March, the central bank had allowed a three-month moratorium on payment of all term loans due between March 1, 2020, and May 31, 2020. read more
Apr 18, 2020 02:59
The measures, announced outside the monetary policy cycle, sets the stage for the second round of fiscal stimulus package that finance minister Nirmala Sitharaman is expected to announce any day now. read more
Apr 17, 2020 12:47
RBI has cut the reverse repo rate by 25 basis points — from 4% to 3.75% — encouraging banks to “deploy surplus funds” and lend more, a move that will in turn result in cash in the hands of the borrower. read more
Apr 17, 2020 10:54
He also thanked the policemen, doctors and other who are on the frontline of India’s fight against the coronavirus infection. read more
Apr 17, 2020 10:37
“It has been decided to reduce the fixed reverse repo rate under liquidity adjustment facility (LAF) by 25 basis points from 4% to 3.75%, with immediate effect,” Das announced. read more
Apr 17, 2020 10:24
The RBI governor quoted from Mahatma Gandhi’s speech in October 1931 in London’s Kingsley Hall to focus on what the central bank is doing in its fight against the coronavirus disease. read more
Apr 17, 2020 09:03
The government is slated to sell 200 billion rupees ($2.6 billion) of bonds. read more
Mar 27, 2020 14:06
The cash reserve ratio was cut by 100 basis points to 3 per cent to boost liquidity. The central bank also put on hold EMI payments on all term loans for three months. read more
Mar 27, 2020 13:01
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