Rbi On Coronavirus
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NBFCs To See Growth Revival In 2022, Say Experts
Despite the raging Coronavirus pandemic, NBFCs showed a lot of resilience in 2021 and are expected to witness continued momentum in growth in 2022 too
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Amid Omicron Scare, RBI Keeps Lending Rates Unchanged For 9th Time
The Reserve Bank of Indias (RBI's) Monetary Policy Committee on Wednesday decided to maintain a status quo on key rates as the new strain of coronavirus - Omicron - adds to the economic uncertainties.
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RBI's December Monetary Policy Review: Here's What To Expect
The Reserve Bank of India's (RBI's) Monetary Policy Committee will present its bi-monthly monetary policy on Wednesday. The Reserve Bank is expected to maintain a status quo on key rates as the new strain of coronavirus - Omicron - adds to the economic uncertainties.
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Inflation To Remain Within 2% To 6% Levels, Says Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Monday said that inflation is expected to remain within the 2 per cent and 6 per cent levels.
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RBI Seen Holding Rates Low, Clues Awaited On Normalising Liquidity
Nursing an economy recovering after deadly second coronavirus wave, the RBI is expected to leave interest rates at record lows on Friday.
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Poor Frontline Workers Hit by Rising Fuel Prices
People in India have been hit hard by record high fuel prices, having risen by a third in the 15 months since Coronavirus hit the country.
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RBI Says $6.7 Billion In Cheap Loans For Vaccine Makers, Hospitals
India's central bank released $6.7 billion in cheap financing for vaccine makers, hospitals and other health firms on Wednesday, to counter the devastating coronavirus surge gripping the country.
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Don't Foresee Anymore Lockdowns, GDP Growth Forecast Remains 10.5%: RBI Governor
The rising COVID-19 infections across the country are a matter of concern, but it may not impact the ongoing economic revival as one does not foresee lockdowns, Reserve Bank Governor Shaktikanta Das said today.
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"Faster Recovery Than Expected": RBI Ups GDP Forecast From -9.5% To -7.5%
The Reserve Bank of India's Monetary Policy Committee today left the key lending rate unchanged at 4 per cent as expected, but said it will ensure ample liquidity for stressed sectors to keep a nascent economic recovery on track. The decision comes at a time when the country has entered technical recession amid high levels of inflation as it strug...
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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 Governor Shaktikanta Das Tests Positive For Coronavirus
RBI Governor Shaktikanta Das has tested positive for the coronavirus, he tweeted on Sunday, adding that he is asymptomatic and will continue to work from isolation.
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Centre's Interest Waiver Plan Fails To Deal With "Many Issues": Top Court
The Supreme Court today said the centre's affidavit on waiving "interest on interest" on loans up to Rs 2 crore, frozen during a six-month moratorium granted because of the coronavirus crisis, was not satisfactory and asked for a do-over in a week. The affidavit "fails to deal with several issues raised by petitioners", the court said. The central ...
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"Only Solution": Centre To Waive Compound Interest On Loans Up To 2 Crore
In a huge reprieve for borrowers, the government has told the Supreme Court that it is ready to waive interest on the repayment of loans of up to Rs 2 crore, frozen by the Reserve Bank of India (RBI) in a six-month moratorium granted because of the coronavirus pandemic.
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On Loan Moratorium And Interest Payments, Centre's October 1 Deadline
The Centre has to take a call by October 1 on how much time it will give to borrowers who have not been able to repay loans due to the coronavirus pandemic. It also has to decide whether they have to pay interest for this period, the Supreme Court said today. The government got a week's time from the Supreme Court today, by the end of which it has ...
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RBI Reschedules Policy Review Meeting
Many economists expect the RBI to provide guidance on how the economy is performing amid the coronavirus pandemic, for the first time since February.
-
NBFCs To See Growth Revival In 2022, Say Experts
Despite the raging Coronavirus pandemic, NBFCs showed a lot of resilience in 2021 and are expected to witness continued momentum in growth in 2022 too
-
Amid Omicron Scare, RBI Keeps Lending Rates Unchanged For 9th Time
The Reserve Bank of Indias (RBI's) Monetary Policy Committee on Wednesday decided to maintain a status quo on key rates as the new strain of coronavirus - Omicron - adds to the economic uncertainties.
-
RBI's December Monetary Policy Review: Here's What To Expect
The Reserve Bank of India's (RBI's) Monetary Policy Committee will present its bi-monthly monetary policy on Wednesday. The Reserve Bank is expected to maintain a status quo on key rates as the new strain of coronavirus - Omicron - adds to the economic uncertainties.
-
Inflation To Remain Within 2% To 6% Levels, Says Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Monday said that inflation is expected to remain within the 2 per cent and 6 per cent levels.
-
RBI Seen Holding Rates Low, Clues Awaited On Normalising Liquidity
Nursing an economy recovering after deadly second coronavirus wave, the RBI is expected to leave interest rates at record lows on Friday.
-
Poor Frontline Workers Hit by Rising Fuel Prices
People in India have been hit hard by record high fuel prices, having risen by a third in the 15 months since Coronavirus hit the country.
-
RBI Says $6.7 Billion In Cheap Loans For Vaccine Makers, Hospitals
India's central bank released $6.7 billion in cheap financing for vaccine makers, hospitals and other health firms on Wednesday, to counter the devastating coronavirus surge gripping the country.
-
Don't Foresee Anymore Lockdowns, GDP Growth Forecast Remains 10.5%: RBI Governor
The rising COVID-19 infections across the country are a matter of concern, but it may not impact the ongoing economic revival as one does not foresee lockdowns, Reserve Bank Governor Shaktikanta Das said today.
-
"Faster Recovery Than Expected": RBI Ups GDP Forecast From -9.5% To -7.5%
The Reserve Bank of India's Monetary Policy Committee today left the key lending rate unchanged at 4 per cent as expected, but said it will ensure ample liquidity for stressed sectors to keep a nascent economic recovery on track. The decision comes at a time when the country has entered technical recession amid high levels of inflation as it strug...
-
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 Governor Shaktikanta Das Tests Positive For Coronavirus
RBI Governor Shaktikanta Das has tested positive for the coronavirus, he tweeted on Sunday, adding that he is asymptomatic and will continue to work from isolation.
-
Centre's Interest Waiver Plan Fails To Deal With "Many Issues": Top Court
The Supreme Court today said the centre's affidavit on waiving "interest on interest" on loans up to Rs 2 crore, frozen during a six-month moratorium granted because of the coronavirus crisis, was not satisfactory and asked for a do-over in a week. The affidavit "fails to deal with several issues raised by petitioners", the court said. The central ...
-
"Only Solution": Centre To Waive Compound Interest On Loans Up To 2 Crore
In a huge reprieve for borrowers, the government has told the Supreme Court that it is ready to waive interest on the repayment of loans of up to Rs 2 crore, frozen by the Reserve Bank of India (RBI) in a six-month moratorium granted because of the coronavirus pandemic.
-
On Loan Moratorium And Interest Payments, Centre's October 1 Deadline
The Centre has to take a call by October 1 on how much time it will give to borrowers who have not been able to repay loans due to the coronavirus pandemic. It also has to decide whether they have to pay interest for this period, the Supreme Court said today. The government got a week's time from the Supreme Court today, by the end of which it has ...
-
RBI Reschedules Policy Review Meeting
Many economists expect the RBI to provide guidance on how the economy is performing amid the coronavirus pandemic, for the first time since February.
