The special dispensation will be for all bank credit to these sectors for a period of six months — between January 31 and July 31.
07 Feb 2020 1:58 AM
The central bank also announced a one-time permission to extend restructuring of MSME loans.
07 Feb 2020 1:20 AM
Stagflation has also made it harder for the RBI to boost economic growth by using monetary tools like interest rate cuts.
15 Jan 2020 1:47 AM
Both Consumer Price Index (CPI) inflation and Wholesale Price Index (WPI) inflation rose on the back of higher food prices.
15 Jan 2020 1:13 AM
It is no rosy picture as the financial system is in a mess, but there is enormous potential to tap and re-energise the economy.
05 Jan 2020 3:41 AM
The gross non-performing assets (GNPA) ratio may increase to 9.9 per cent by September 2020 from 9.3 per cent.
28 Dec 2019 2:29 AM
Green shoots seen, capex cycle may be turning up.
20 Dec 2019 1:31 AM
The six-member MPC had kept the repo rate unchanged on December 5 despite moderation in economic growth and easing inflation.
19 Dec 2019 7:37 PM
In the last MPC meeting when we took a pause, I don't know why the market was surprised, said RBI Gov Shaktikanta Das.
16 Dec 2019 11:52 AM
The country's reserve position with the International Monetary Fund also increased by USD 15 million to USD 3.644 billion, the data showed.
14 Dec 2019 11:06 AM
Since the BJP claims that people have voted for Mr Modi, the buck should rightfully stop at him.
09 Dec 2019 12:19 AM
The policy repo rate since February was cut in every policy, cumulatively easing by 1.35 per cent or by 135 basis points to 5.15 per cent.
06 Dec 2019 3:22 AM
The minimum paid-up voting equity capital or net worth requirement has been set at Rs 200 crore, up from Rs 100 crore as set earlier.
06 Dec 2019 2:18 AM
The comments come a year after government tagged Bitcoins and other cryptocurrencies illegal and the RBI banned their trade.
05 Dec 2019 5:48 PM
The sharp decline in growth had many analysts assuming the Reserve Bank will deliver a rate cut on Thursday.
05 Dec 2019 1:34 PM
The central bank also revised GDP growth downwards to 5 per cent for 2019-20 from 6.1 per cent projected in its October policy.
05 Dec 2019 12:08 PM
The IHS Markit India Services Business Activity Index improved to 52.7 in November from 49.2 in October.
04 Dec 2019 11:33 AM
The economy has been on a steady decline, with growth rate slowing from 8.2 per cent in FY16 to 6.8 per cent in FY19.
22 Nov 2019 8:48 AM
The crisis at the bank is attributed to the loans allocated to realty firm the Housing Development Infrastructure Ltd (HDIL) without scrutiny.
20 Nov 2019 1:53 AM
The RBI this year had done away with charges on NEFT and RTGS transactions and asked banks to pass on the benefit to their customers.
09 Nov 2019 3:39 AM