Tag: RBI
Govt Sharply Cuts Small Savings Rates, PPF To Get Just 7.1% Now
The government on Tuesday steeply cut interest rates on various small savings schemes in line with sharp cut in policy rates announced by the Reserve Bank of India on Friday where it reduced repo rate by 75 basis points.....
Stock Market: Sensex Off Highs, 450 Points Up Post RBI's Fresh Measures
The Indian stock market lost most of its initial gains despite the announcement of fresh liquidity measures by the Reserve Bank of India (RBI).....
RBI Unveils New Measures
The RBI Governor on Friday announced a new set of measures in response to the current growth and financial market stress. These measures are mostly aimed at easing some pressures on the lower rated / smaller participants of the financial markets. ....
RBI Comes Out With 'Special Liquidity Facility' For Mutual Funds
To ease liquidity pressures on Mutual Funds, the Reserve Bank of India on Monday decided to open a special liquidity facility (SLF-MF) worth Rs 50,000 crore.....
RBI Employees Donate Rs 7.3 Cr To PM-CARES Fund
Coming forward to help a noble cause, employees of the Reserve Bank of India (RBI) have donated a total of Rs 7.30 crore to the PM-CARES Fund, an official said here on Tuesday. ....
SC Gives 3 Days To Finance Minister, RBI To Decide On Moratorium Period Interest
The Supreme Court on Friday asked Solicitor General Tushar Mehta to convene a meeting of the Finance Ministry and RBI officials over the weekend to decide whether interest incurred on EMIs during the moratorium period can be charged by banks. ....
Serbian PM Throws Weight Behind Under-fire Djokovic
World No.1 tennis player Novak Djokovic has found support in his country's Prime Minister Ana Brnabic who has backed the Serbian after he was heavily criticised following the Adria Open fiasco. ....
Centre In Talks With RBI For Loan Restructuring: Sitharaman
As the economy goes through a severe slowdown, which is likely to impact businesses further, Finance Minister Nirmala Sitharaman on Friday said that the government's focus is now on loan restructuring and talks are underway with the Reserve Bank of India (RBI) on this.....
Equity Indices In Green Ahead Of RBI Policy Announcement
The key Indian equity indices traded on a positive note on Thursday ahead of the Reserve Bank of India's monetary policy announcement later in the day. ....
Centre To Receive Rs 57,128 Crore From RBI As FY20 Surplus
The Reserve Bank of India's Board on Friday approved the transfer of Rs 57,128 crore surplus to the Central government for FY20.....
