Tag: Reserve Bank
Over 99% Of Demonetised Notes Back With RBI
Over 99 per cent of the Rs 15.3 lakh crore taken out of circulation through demonetisation in November 2016 has returned to the Reserve Bank of India (RBI), the central bank announced on Wednesday.....
RBI Holds Repo Rate, But Changes Stance To 'calibrated Tightening'
Belying market expectations of a hike, the RBI on Friday held its key lending rate unchanged in the context of an uncertain global economic scenario but turned hawkish, moving to a "calibrated tightening" from the "neutral" stance it has maintained over its six previous policy reviews.....
Shaktikanta Das Takes Over As RBI Governor
Former Economic Affairs Secretary Shaktikanta Das on Wednesday assumed charge as RBI Governor after Urjit Patel abruptly resigned from the post amidst a tiff with the government on the central bank's autonomy.....
Modi Accused Of Holding Rally On Scamster's Ground
West Bengal Chief Minister Mamata Banerjee on Thursday alleged that Prime Minister Narendra Modi's election rally in Bengal's Mathurapur constituency was held at a ground which belongs to the owner of an illegal microfinance company.....
PMC Effect: Deposit Insurance Raised To Rs 5 Lakh
In a major relief to the common man, the Finance Minister on Saturday announced to raise the insurance cover on bank deposits to Rs 5 lakh from the current Rs 1 lakh.....
Corona Effect: Reserve Bank Expected To Cut Rates
To deal with the economic fallout of coronavirus outbreak, the Reserve Bank of India is expected to cut rates.....
Inflationary Woes: RBI Retains Lending Rates, Maintains Accommodative Stance
To curb the rise in inflation, and stabilise the general economic environment, the Reserve Bank on Thursday retained its key short-term lending rates, but maintained its growth-oriented accommodative stance. ....
RBI Keeps Policy Rate Unchanged 8th Time In A Row; Maintains Accommodative Stance
The Reserve Bank of India (RBI) retained its key short-term lending rates during the October monetary policy review of FY22. ....
RBI Allows 3 Month Moratorium On All Term Loan EMIs
In a big relief to the corporate sector, the Reserve Bank of India on Friday allowed a three month moratorium on payment of instalment in respect of all term loans outstanding on March 1, 2020.....
RBI Hints At Further Cut In Interest Rate To Counter Corona Risks
The Reserve Bank of India has hinted at further cuts in interest rates to maintain adequate liquidity in the system and counter the intensification of risks to growth and financial stability brought on by COVID-19. ....
