Posts tagged with RBI

MPC Leaves Repo Rate Unchanged: RBI
Apr 2021 , by in News/Views

Reserve Bank of India governor Shaktikanta Das announced that the repo rate and the reverse repo rate will remain unchanged at 4 per cent and 3.35 per cent, respectively, and the accommodative stance will go on as long as it is needed. For the fifth time in a row, the policy rates have been kept unc... Read more...

RBI Boost for Self-Redevelopment
Mar 2021 , by in News/Views

In a major boost to self-redevelopment of cooperative housing societies, the Reserve Bank of India (RBI) has included them in the list of allowed borrowers for housing finance loan. This is for the first time that cooperative housing societies have been allowed to borrow from housing finance comp... Read more...

India On Verge of Seeing Near-Full Recovery
Feb 2021 , by in News/Views

Nomura’s India Business Resumption Index (NIBRI), a measurement for tracking the extent of normalisation in the economy, has hit 98.1 points during the fortnight ended February 14. The measure may very well hit the 100 mark, which will signify full recovery by the end of this month. “The cont... Read more...

Govt to Work with RBI on Bank Privatization Plan
Feb 2021 , by in ALLIED

The government will work with the Reserve Bank for execution of the bank privatization plan announced in the budget.In the union budget presented last week, Sitharaman had announced the privatisation of two banks as part of its disinvestment plan.  Bank unions have opposed the move. The details ... Read more...

RBI Announces Status Quo on Key Policy Rates
Feb 2021 , by in News/Views

The Reserve Bank of India (RBI) announced a status quo in key policy rates while forecasting a 10.5 per cent economic growth for the next fiscal. The repo rate has been retained at 4 per cent.  The decision of the six-member monetary policy committee, which is headed by the RBI Governor, was una... Read more...

RBI Proposes New Norms For NBFCs
Jan 2021 , by in News/Views

The Reserve Bank of India’s (RBI) proposed guidelines for non-bank lenders are not as stringent as feared and are expected to improve the funding conditions of the sector and provide more confidence to potential investors, experts said. RBI proposed stricter regulation for non-banking financial... Read more...

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