RBI

Mumbai: India's economy is showing signs of getting back to normalcy, Reserve Bank of India Governor Shaktikanta Das said on Saturday. In a keynote address at the 7th SBI Banking and Economics Conclave, Das noted that medium term outlook…

Mumbai: To pump up liquidity in the financial system, the Reserve Bank of India will conduct special ‘Open Market Operations (OMO) on July 2. The special OMO session will see simultaneous purchase and sale of government securities for Rs…

New Delhi: The Centre has brought urban and multi-state cooperative banks under the direct supervision of the Reserve Bank with President Ram Nath Kovind promulgating the Banking Regulation (Amendment) Ordinance, 2020. The government had…

Bhubaneswar: In view of lockdown 4.0 in battle against COVID-19, the Reserve Bank of India (RBI) today announced to extend loan moratorium for another three months from June 1 till August 31. Addressing a press conference on Friday, RBI…

By Dr Santosh Kumar Mohapatra* According to RBI governor Shaktikanta Das, in view of the COVID-19 pandemic, the Monetary Policy Committee (MPC) has advanced its meeting scheduled for 31st March, to 1st and 3rd April 2020. It…

New Delhi: Be ready to pay higher interest on your outstanding loan if you decide not to pay EMIs on your home or auto loan for the next three months under a moratorium announced by the Reserve Bank of India on Friday. Analysts and…

Mumbai: The Reserve Bank of India (RBI) on Friday massively reduced the key lending rates in response to the Covid-19 outbreak. Accordingly, the Monetary Policy Committee of the central bank in an unscheduled meet reduced the repo rate,…

New Delhi: The Reserve Bank of India on Thursday raised the investment limit for FPIs in government and corporate bonds to bring in more foreign funds into the market. Currently, short-term investments by a foreign portfolio investor…