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RBI Raises Per Transaction Limit For UPI Lite To Rs 500 From Rs 200
Reserve Bank on Thursday proposed to increase the per transaction payment limit to Rs 500 for UPI Lite in offline mode and announced other measures to further deepen the reach and use of digital payments in the country.
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"Don't Want RBI To Become Extension Of Government": Ex CEA Arvind Subramanian
Mr Subramanian, while reacting to RBIs outlook on inflation, expressed disappointment that though prices have been rising for almost three years, it was late in taking measures to check them, which showed "a certain loss of institutional independence"
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Brace For Cash Supply Squeeze And RBI Rate Hike: Report
Measures to tighten liquidity are expected to accompany a rise in Indian interest rates on Wednesday, adding upward pressure to bond yields
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Debt Reduction Essential For India's Growth: RBI
India's economic recovery is still dependent on stimulus measures, but cutting debt is important to ensure sustained growth over medium term, RBI said
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S&P Cuts India's Growth Forecast to 9.5% For Current Financial Year
GDP growth in the current fiscal was estimated to be in double digits initially, but after a severe second wave, many agencies cut growth projections.
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Reserve Bank Of India Expected To Keep Rates Steady, May Take Take Liquidity Measures
The RBI's monetary policy committee (MPC) will likely keep the key lending rate or the repo rate unchanged at 4 per cent for a sixth straight meeting.
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RBI's Relief Measures To Only Delay Stress For Financial Institutions: Fitch
Fitch said these measures would provide some relief to financial institutions over the next 12-24 months but at the expense of delaying the recognition and resolution of underlying asset-quality problems.
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After Recession Warning, Government's New Moves On Economy: 10 Facts
The government today announced new measures to support the manufacturing sector and create jobs after the Reserve Bank of India said the country was set to enter a recession with estimates of another quarterly contraction. The country's economy has been badly hit by the coronavirus pandemic, with growth shrinking by a record 23.9 per cent between A...
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RBI Announces More Measures To Deal With Economic Fallout Of Covid-19
The Reserve Bank of India (RBI) on Wednesday announced more measures, including extension of period for realisation and repatriation of export proceeds, to deal with the economic fallout of Covid-19 pandemic
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Ready For Rate Cuts To Shield Economy From Coronavirus: RBI Chief
Reserve Bank of India (RBI) governor has said he isready to act to shield the economy from the coronavirus and reiterated theres room to cut interest rates if needed. Speaking in an interview with Bloomberg News in Mumbai hours before the Federal Reserve slashed interest rates by half a percentage point in an emergency move, Shaktikanta Das said -t...
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Shaktikanta Das Calls For More Structural Reforms To Revive Growth Ahead Of Budget
Structural reforms and fiscal measures may have to be continued and further activated to provide a durable push to demand, Shaktikanta Das said.
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Animal Spirits "Dull" As Consumer Demand Stays Subdued In India: Report
India's economic growth showed little signs of a recovery from a six-year-low and strengthens the case for more measures to bolster growth.
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From PM Modi, 6 Pre-Election Perks Including GST Help For Small Businesses
The government on January 10 announced a change in Goods and Services Tax (GST) rules that would exempt an additional 20 lakh small businesses.
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Centre Likely To Renew Demand For Extra Dividend From RBI: Report
RBI officials have in the past said that reserves are an important measure of the central bank's ability to withstand any major market volatility.
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In His Own Tweets: What New RBI Governor Shaktikanta Das Thinks
Shaktikanta Das is an active user of Twitter, a sharp contrast to the outgoing RBI chief Urjit Patel who was publicity shy and rarely gave interviews.
-
RBI Raises Per Transaction Limit For UPI Lite To Rs 500 From Rs 200
Reserve Bank on Thursday proposed to increase the per transaction payment limit to Rs 500 for UPI Lite in offline mode and announced other measures to further deepen the reach and use of digital payments in the country.
-
"Don't Want RBI To Become Extension Of Government": Ex CEA Arvind Subramanian
Mr Subramanian, while reacting to RBIs outlook on inflation, expressed disappointment that though prices have been rising for almost three years, it was late in taking measures to check them, which showed "a certain loss of institutional independence"
-
Brace For Cash Supply Squeeze And RBI Rate Hike: Report
Measures to tighten liquidity are expected to accompany a rise in Indian interest rates on Wednesday, adding upward pressure to bond yields
-
Debt Reduction Essential For India's Growth: RBI
India's economic recovery is still dependent on stimulus measures, but cutting debt is important to ensure sustained growth over medium term, RBI said
-
S&P Cuts India's Growth Forecast to 9.5% For Current Financial Year
GDP growth in the current fiscal was estimated to be in double digits initially, but after a severe second wave, many agencies cut growth projections.
-
Reserve Bank Of India Expected To Keep Rates Steady, May Take Take Liquidity Measures
The RBI's monetary policy committee (MPC) will likely keep the key lending rate or the repo rate unchanged at 4 per cent for a sixth straight meeting.
-
RBI's Relief Measures To Only Delay Stress For Financial Institutions: Fitch
Fitch said these measures would provide some relief to financial institutions over the next 12-24 months but at the expense of delaying the recognition and resolution of underlying asset-quality problems.
-
After Recession Warning, Government's New Moves On Economy: 10 Facts
The government today announced new measures to support the manufacturing sector and create jobs after the Reserve Bank of India said the country was set to enter a recession with estimates of another quarterly contraction. The country's economy has been badly hit by the coronavirus pandemic, with growth shrinking by a record 23.9 per cent between A...
-
RBI Announces More Measures To Deal With Economic Fallout Of Covid-19
The Reserve Bank of India (RBI) on Wednesday announced more measures, including extension of period for realisation and repatriation of export proceeds, to deal with the economic fallout of Covid-19 pandemic
-
Ready For Rate Cuts To Shield Economy From Coronavirus: RBI Chief
Reserve Bank of India (RBI) governor has said he isready to act to shield the economy from the coronavirus and reiterated theres room to cut interest rates if needed. Speaking in an interview with Bloomberg News in Mumbai hours before the Federal Reserve slashed interest rates by half a percentage point in an emergency move, Shaktikanta Das said -t...
-
Shaktikanta Das Calls For More Structural Reforms To Revive Growth Ahead Of Budget
Structural reforms and fiscal measures may have to be continued and further activated to provide a durable push to demand, Shaktikanta Das said.
-
Animal Spirits "Dull" As Consumer Demand Stays Subdued In India: Report
India's economic growth showed little signs of a recovery from a six-year-low and strengthens the case for more measures to bolster growth.
-
From PM Modi, 6 Pre-Election Perks Including GST Help For Small Businesses
The government on January 10 announced a change in Goods and Services Tax (GST) rules that would exempt an additional 20 lakh small businesses.
-
Centre Likely To Renew Demand For Extra Dividend From RBI: Report
RBI officials have in the past said that reserves are an important measure of the central bank's ability to withstand any major market volatility.
-
In His Own Tweets: What New RBI Governor Shaktikanta Das Thinks
Shaktikanta Das is an active user of Twitter, a sharp contrast to the outgoing RBI chief Urjit Patel who was publicity shy and rarely gave interviews.
