The strategy will develop credit discipline and encourage availing credit from formal financial institutions as per requirement
20 Aug 2020 2:24 PM
Food prices soared due to supply-side disruptions caused by the coronavirus lockdown and rose 9.62% compared to a jump of 8.72% in June
14 Aug 2020 10:08 AM
Monetary Policy Committee after three days of deliberations voted unanimously to leave the policy repo rate unchanged at 4 per cent
06 Aug 2020 2:52 PM
In the quarter just gone by, the Indian economy is forecast to have shrunk 20.0%, the first double-digit contraction
30 Jul 2020 1:28 PM
If the moratorium is extended by another three months, then it is going to hurt us and smaller NBFCs particularly, said Parekh
27 Jul 2020 4:03 PM
Stating that recent agriculture reforms have opened new opportunities, the RBI Governor said the farm sector is emerging as a bright spot
27 Jul 2020 1:18 PM
So far, at least Maruti Suzuki, Hyundai and Mercedes Benz have launched such schemes, according to press releases over the past week
02 Jun 2020 4:16 PM
Kumar also advised borrowers to pay their loans if they are not facing any funding challenge
23 May 2020 9:19 AM
RBI Governor Shaktikanta Das extended the moratorium period by another three months from June 1 to August 31 due to lockdown extension
22 May 2020 11:13 AM
The small decline in orders in March is likely to give way to a collapse in investment across this quarter
20 May 2020 12:47 PM
In March, RBI had allowed a three-month moratorium on payment of all term loans due between 1 March, 2020 and 31 May, 2020
18 May 2020 2:46 PM
RBI allowed banks and financial institutions to offer a moratorium of three months on payment of instalments of all term loans
05 May 2020 2:18 PM
The only workable solution for the current financial crisis is a sovereign guarantee to all loans
18 Apr 2020 4:47 AM
In order to minimise risks arising due covid-19 outbreak, trading hours for various RBI regulated markets were amended
16 Apr 2020 4:54 PM
When there is a risk of demand dying, the government must put the economy on a ventilator
11 Apr 2020 4:44 PM
The central bank also reduced the cash reserve ratio of all banks by 100 basis points to 3 per cent with effect from March 28 for 1 year
27 Mar 2020 11:46 AM
The agency is probing money-laundering and lending practices that pushed the bank to the edge
08 Mar 2020 9:27 AM
In April 2018, RBI gave entities it regulated 3 months to snap all banking relationships with individuals dealing in virtual currency.
04 Mar 2020 11:41 AM
His comments come against the backdrop of concerns over growth of the economy, which has registered a spike in inflation
15 Feb 2020 2:14 PM
At present, National Payments Corporation of India (NPCI) is an umbrella organisation for retail payments systems.
11 Feb 2020 11:15 AM