Coronavirus Outbreak Updates: Bihar govt says six of nine COVID-19 cases in state have no travel history
Coronavirus Outbreak Updates: Six out of the nine total coronavirus confirmed cases in Bihar have no travel history, the Bihar Health Department said on Friday.
Coronavirus Outbreak: RBI firefights COVID-19 impact on economy, seeks to improve flow of credit but threat of rising NPAs real
While the broader goal of inflation management will run the background, the attempt here is to ensure that the slowdown in growth process which is a certainty now is contained.
RBI announces EMI moratorium: Will my installment be deducted, are credit card bills suspended and other questions answered
The Reserve Bank of India (RBI) on n Friday allowed all financial institutions to allow a three-month moratorium for all term loans in light of the COVID-19 outbreak and the subsequent lockdown.
Coronavirus Outbreak: Nirmala Sitharaman took care of the poor, Shaktikanta Das has taken care of middle class by cutting interest rates
RBI Governor Shaktikanta Das in a press conference said these are extraordinary circumstances, and unprecedented measures are required to support the sagging economy as all the economic activities have come to a halt.
Coronavirus Outbreak: RBI cuts repo rate by 75 bps; full text of Shaktikanta Das monetary policy statement
The RBI on Friday put on hold EMI payments on all term loans for three months and cut interest rate by steepest in more than 11 years as it joined the government effort to rescue a slowing economy that has now got caught in coronavirus whirlwind
Coronavirus Outbreak: RBI cuts repo rate by 75 bps, extends loan EMI payments, injects liquidity; key takeaways from Shaktikanta Das press conference
The RBI governor announced that the Repo rate stands at 4.20 percent now vs 5.15 percent earlier
Governor Shaktikanta Das will address the media at 10 AM.
Coronavirus outbreak to hit global growth; to have limited impact on India: RBI governor Shaktikanta Das
The RBI governor said that the coronavirus outbreak appears to be larger than SARS and this time China's share in world GDP and world trade is much higher.
RBI holds policy rates: Central bank is caught in a tight spot to balance growth and inflation worries
The Budget announced by finance minister Nirmala Sitharaman was a lost opportunity to revive the demand scenario
RBI governor Shaktikanta Das named Central Banker of Year 2020-Asia Pacific by London-based magazine
Shaktikanta Das has been credited for being proactive in providing assistance to India's smaller banks.
Top 50 corporates reduce debt by over Rs 59,000 cr in first half of this fiscal; prefer to raise funds through ECBs
This has some bearing on the credit growth of the banks as corporates borrowing from domestic lenders have come down
Current economic conditions may pose challenges to banking sector, says Shaktikanta Das; urges banks to tackle stressed assets resolution in a co-ordinated manner
Shaktikanta Das' remarks come amid a slowdown in economic growth to a six-year-low at 4.5 percent for the September quarter. The RBI has also cut its growth estimate sharply to 5 percent for the fiscal year
RBI policy: Inflation concerns seem to have taken front-seat again, expect more rate cuts next year, say experts
RBI’s decision to not lower interest rate has come as a surprise and a bit of a disappointment
Reaching $5 trillion GDP target by 2025 at current growth rate 'simply out of question', says former RBI governor C Rangarajan
The Narendra Modi government soon after assuming office for the second term has set a target of taking the economy to $5 trillion over the next five years.
Economists couple Abhijit Banerjee, Esther Duflo share Nobel with Michael Kremer: Indian-American a champion of free institutions for strong economies, poverty alleviation
Banerjee has been quite vocal about the serious state of the Indian economy
Shaktikanta Das reiterated there are many areas of opportunity amid the "challenging" environment and called for focusing on the same without getting mired in negative sentiments
RBI governor Shaktikanta Das terms 5% GDP growth a 'surprise'; confident economy will look up with govt measures
With regard to structural reforms, he said the RBI has already pointed out in its annual report.
RBI Board meeting today to finalise annual accounts, to take up Bimal Jalan committee's recommendation
The RBI follows a July-June financial year and the dividend is usually distributed in August after annual accounts are finalised
Hours after RBI governor Shaktikanta Das's call, Axis Bank says linking loans to repo is not the only way for faster transmission
Till the last rate cut of 0.35 percent, the banks have passed out only 0.29 percent of the 0.75 percent in rate cuts initiated by the RBI to the final borrowers.
RBI Governor Shaktikanta Das wants banks to link loan, deposit rates to repo: Will common man get a fair deal finally?
Time and again the RBI has expressed its displeasure over lack of proper monetary policy transmission in the banking system