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Reserve Bank of India Governor Shaktikanta Das. (PTI Photo)

RBI reviews measures to ease financial stress

The governor appreciated the efforts of banks in ensuring normal to near normal operations during the lockdown period

3 May 2020 9:16 AM IST

Representative Image (PTI)

RBI likely to cut interest rates by 100 bps in FY21: Fitch Solutions

Fitch Solutions said consumer price inflation returning back to the RBI's 2-4 per cent target range will permit further...

31 March 2020 5:30 PM IST

People wait outside a Bank of China branch in Beijing. (Photo- AFP)

China slashes rate, adds $7 bn to banking system to counter virus

People's Bank of China said it launched a 50-billion-yuan reverse repurchase operation and lowered seven-day reverse...

30 March 2020 12:29 PM IST

Asian development bank. (Photo- PTI)

Asian development bank to invest $100 mn in Indian infrastructure...

The investment announcement comes at a critical time for India, as economic growth is feared to be taking a heavy hit...

30 March 2020 12:24 PM IST

Monetary Authority of Singapore (Photo- AFP)

Singapore central bank eases monetary policy amid covid19 pandemic

Monetary Authority of Singapore was supposed to issue its next policy statement in April but brought it forward due to...

30 March 2020 10:04 AM IST

Union bank. (Photo- PTI)

Union Bank expects Rs 2,500 cr benefits due to amalgamation: CEO

Amalgamation will create an employee base of 75,000, of which 37,000 are from Andhra Bank and Corporation Bank put...

29 March 2020 4:11 PM IST

Government of India public sector banks in India. (Photo- FAVPNG)

Mega merger of state-run banks comes into force from April 1: RBI

The government on March 4 had notified the amalgamation schemes for 10 state owned banks into four as part of its...

29 March 2020 12:33 PM IST

Finance Minister Nirmala Sitharaman. (Photo- PTI)

RBI defers EMIs on all loans for 3 months

Key rate cut by an unprecedented 75 pts

27 March 2020 2:57 PM IST

Reserve Bank of India Governor Shaktikanta Das. (Photo- PTI)

RBI reduces repo rate by 75 bps to 4.4%

The central bank also reduced the cash reserve ratio of all banks by 100 basis points to 3 per cent with effect from...

27 March 2020 11:46 AM IST

Finance minister Nirmala Sitharaman. (PTI)

Coronavirus: Doctors, paramedics in India get 50 lakh insurance cover

Government has finalised an economic stimulus package to deal with the impact of 21-day countrywide lockdown

26 March 2020 5:23 PM IST

Representative Image (AP)

Senate passes coronavirus rescue package on unanimous vote

The package is intended as relief for an economy spiraling into recession

26 March 2020 10:31 AM IST

Representative Image (PTI)

Experts peg India's cost of COVID-19 lockdown at USD 120 bn

The Indian government has so far been largely silent on the economic impact from the lockdown

25 March 2020 12:11 PM IST