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Remain watchful of evolving situation, push credit flows: RBI Governor Shaktikanta Das to banks
Shaktikanta Das also highlighted the recent policy measures taken by RBI to further support the ongoing recovery while preserving financial stability
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RBI says no need for loan moratoriums at present
The RBI governor said businesses, particularly the private sector ones, are better prepared today to deal with the situation and to continue with thei
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Local lockdowns: RBI says no need for loan moratoriums at present
RBI governor Shaktikanta Das said businesses, particularly the private sector ones, are better prepared today to deal with the situation and to contin
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RBI extends interim WMA limit of Rs 51,560 crore to states till September
In addition, RBI has enhanced the aggregate WMA limit of states and Union Territories (UTs) to Rs 47,010 crore per year
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RBI to set up panel to undertake comprehensive review of ARCs
To facilitate smooth functioning of Asset Reconstruction Companies, RBI decided to set up a panel to undertake a comprehensive review of the working o
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RBI to mandate interoperability among prepaid payments instruments: Shaktikanta Das
The central bank also doubled the maximum balance a single account in a payments bank can carry to Rs 2 lakh at the end of the day
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MPC outcome: Here’s how RBI managed to assuage investors
The benchmark equity index BSE Sensex traded 548 points, or 1.11%, higher at 49,749 at around 12 pm (IST)
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RBI’s MPC starts deliberating on next monetary policy
Experts are of the view that the Reserve Bank will maintain status quo on policy rates at its first bi-monthly monetary policy review for the current
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Surge in Covid cases may prompt RBI to maintain status quo on rates: Experts
The Monetary Policy Committee is also likely to maintain the policy stance accommodative at the next policy review to be unveiled on April 7, say expe
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Keep track of these dates to check on key interest rates
The Monetary Policy Committee, which decides on key interest rates, will meet six times during the next financial year, the RBI said
