The labour participation rate, or the percentage of the working-age population which is in the market, has come down to 40% as of now from the pre-pandemic levels of 42.5
In order to mitigate the adverse impact of the second wave of the pandemic on certain contact-intensive sectors, a separate liquidity window of Rs 15,000 crore is being opened till March 31, 2022, with tenors of up to three years at the repo rate.
NACH, a bulk payment system operated by the National Payments Corporation of India (NPCI) facilitates one-to-many credit transfers such as payment of dividend, interest, salary, and pension.
Under G-SAP 1.0, the central bank will purchase Rs 1 lakh crore-worth government securities, and the last transaction of such acquisition to the tune of Rs 40,000 crore is scheduled for June 17.
The RBI Governor said the RBI will "continue to think and act out of the box", planning for the worst and hoping for the best.
Buying a house is one of the biggest financial decisions and one should not rush through the decision-making process
RBI has announced G-sec Acquisition Programme (G-SAP) 2.0 which will help in calming yields and control undue volatility faced by market participants in the government securities market.
A net decline of 77,420 cases has been recorded in the Covid-19 caseload in a span of 24 hours.
MPC decided to maintain the status quo, that is keeping the benchmark repurchase (repo) rate at 4%.
Covid-19 has made everyone realize the importance of staying up to date with the information related to finances