Thursday, Oct 29, 2020 | Last Update : 10:35 AM IST

  Business   Economy  07 Aug 2019

Business, Economy, 07 Aug 2019

RBI cuts risk weight on consumer loans to 100 per cent

On a review, it has been decided to reduce the risk weight for consumer credit, including personal loans, RBI statement said.

07 Aug 2019 7:35 PM

RBI to cover all repetitive bill payments under Bharat Bill Payments System

A detailed guideline in this regard will be issued by September-end.

07 Aug 2019 3:00 PM

RBI to allow round-the-clock fund transfers under NEFT from December

RBI had said that it will make available the NEFT system on a 24x7 basis from December 2019.

07 Aug 2019 1:46 PM

RBI lowers GDP growth forecast to 6.9 pc for FY'20 on demand, investment slowdown

The RBI said various high frequency indicators suggest weakening of both domestic and external demand conditions.

07 Aug 2019 1:36 PM

EMIs likely to come down as RBI cuts interest rate by 35 bps

The fourth consecutive rate cut is expected to lower EMIs for home and auto buyers, and borrowing cost for corporates.

07 Aug 2019 12:49 PM

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RBI keeps retail inflation projection within target for next 12 months

CPI (Consumer Price Index) retail inflation is projected at 3.1 per cent for the second quarter this fiscal.

07 Aug 2019 12:21 PM

RBI cuts key rate by 35 bps to boost economic activitiy

RBI trims GDP growth forecast for current fiscal to 6.9 per cent from 7 per cent previously predicted.

07 Aug 2019 11:56 AM

Inflation likely edged up to nine-month high in July: report

Food prices have risen due to lower-than-expected monsoon rains over the past two months.

07 Aug 2019 9:59 AM

Govt should borrow only long-term fund from overseas market: Jalan

India's sovereign external debt-to-GDP level is among the lowest globally at less than 5 per cent.

07 Aug 2019 9:02 AM

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