Wednesday, Feb 21, 2024 | Last Update : 04:53 AM IST

RBI Page-2

RBI releases national strategy for financial education, aims to create empowered India

The strategy will develop credit discipline and encourage availing credit from formal financial institutions as per requirement

20 Aug 2020 2:24 PM

Retail inflation inches up to nearly 7% in July on higher food prices

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

RBI increases gold loan-to-value ratio to 90%, interest rates unchanged

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

India's economic recovery at risk as COVID-19 surges, dull outlook deepens: Report

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

Don't extend loan moratorium, able corporates not paying loans: HDFC's Parekh to RBI

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

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Need to conclude free trade agreements with US, others: RBI Governor

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

Carmakers tie-up with banks to offer low interest rate schemes to attract customers

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

About 20% SBI borrowers opt for loan repayment moratorium: Chairman Rajnish Kumar

Kumar also advised borrowers to pay their loans if they are not facing any funding challenge

23 May 2020 9:19 AM

RBI cuts repo rate, extends loan moratorium, projects negative GDP growth

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

Foreign investors pull out $26 billion from Asian economies, $16 billion from India

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

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RBI may extend moratorium on repayment of loans for three more months, says report

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 may extend bank loan moratorium by another 3 months amid lockdown

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

AA Edit: Government must guarantee all working capital loans

The only workable solution for the current financial crisis is a sovereign guarantee to all loans

18 Apr 2020 4:47 AM

RBI extends reduced trading hours for debt, currency markets till Apr 30

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

AA Edit: Recession is upon us; cash transfers are the way forward

When there is a risk of demand dying, the government must put the economy on a ventilator

11 Apr 2020 4:44 PM

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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 March 28 for 1 year

27 Mar 2020 11:46 AM

ED arrests 'uncooperative' Yes Bank founder Rana Kapoor

The agency is probing money-laundering and lending practices that pushed the bank to the edge

08 Mar 2020 9:27 AM

Supreme Court quashes RBI banking ban on cryptocurrency

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

Transmission of rate cuts will improve further: Shaktikanta Das

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

RBI publishes draft framework for new payment system

At present, National Payments Corporation of India (NPCI) is an umbrella organisation for retail payments systems.

11 Feb 2020 11:15 AM

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