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RBI status quo on policy supportive of economic growth: Experts
The growth forecasts appear to be encouraging and the economic activity momentum will be further consolidated, says an expert
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RBI’s accommodative policy stance reassuring to industry, trade: Chambers
Industry body Assocham said that this decision would also get immense support from a slew of other critical measures announced by RBI
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Local lockdowns: RBI says no need for loan moratoriums at present
RBI governor Shaktikanta Das said businesses, particularly the private sector ones, are better prepared today to deal with the situation and to contin
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Are you a payments bank customer? There is an important update for you
Payments banks were launched to provide banking services to the under-served population who who lack banking access
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RBI extends interim WMA limit of Rs 51,560 crore to states till September
In addition, RBI has enhanced the aggregate WMA limit of states and Union Territories (UTs) to Rs 47,010 crore per year
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RBI to mandate interoperability among prepaid payments instruments: Shaktikanta Das
The central bank also doubled the maximum balance a single account in a payments bank can carry to Rs 2 lakh at the end of the day
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MPC outcome: Here’s how RBI managed to assuage investors
The benchmark equity index BSE Sensex traded 548 points, or 1.11%, higher at 49,749 at around 12 pm (IST)
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No change in your home loan EMIs as RBI keeps policy rates unchanged
The six-member MPC has kept the repo rate steady at 4% in the last four bi-monthly Monetary Policy Reviews.
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Sensex up 100 points ahead of RBI monetary policy outcome
In opening trade, Sensex rose 117 points or 0.24% to 49,318 whereas the broader market index Nifty50 traded at 14,744 up 60 points to 0.41%.
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COVID-19 second wave impact on India’s economy: UBS sees only minimal 20-30 bps hit on growth
UBS Securities India chief economist Tanvee Gupta-Jain on April 6 retained the earlier house view of 11.5% GDP growth this fiscal
