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Tag: RBI

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Azlyrics April 24, 2020 Lyrics

Banks avoid NBFC lending, take 50% of RBI’s refinance

Small non-banking finance companies continued to be shunned by banks, which availed only half of the Rs 25,000-crore refinance offered…
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Azlyrics April 24, 2020 Lyrics

Sri Lanka to seek $400m financial facility from RBI

Sri Lanka is set to enter into an agreement with the Reserve Bank of India for a currency swap worth…
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Azlyrics April 23, 2020 Lyrics

RBI allows banks to issue e-cards for overdraft a/c

Relaxing norms, the Reserve Bank of India on Thursday permitted banks to issue electronic cards to persons having overdraft accounts…
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Azlyrics April 21, 2020 Lyrics

HC order on Indiabulls NCD puts MFs in tight spot

The HC has granted Indiabulls, a non-banking financial company (NBFC), the permission to not pay its debenture holders, including fund…
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Azlyrics April 21, 2020 Lyrics

Lockdown: How RBI can help revive economy

The Reserve Bank of India has a number of policy options to draw upon to cushion the economic blow from…
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Azlyrics April 17, 2020 Lyrics

Investors gain Rs 2.83L cr as RBI booster lifts mkt

Investor wealth on Friday rose by Rs 2,83,740.31 crore as markets soared over 986 points after a second batch of…
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Azlyrics April 17, 2020 Lyrics

RBI measures to incentivise banks to lend more: FM

Finance minister Nirmala Sitharaman on Friday said the RBI has taken a slew of steps to maintain adequate liquidity in…
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Azlyrics April 17, 2020 Lyrics

‘RBI’s steps will enhance liquidity, improve credit supply,’ says PM Modi

PM Narendra Modi said that the RBI’s announcements “will greatly enhance liquidity and improve credit supply” in the system. PM…
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Azlyrics April 17, 2020 Lyrics

RBI governor Shaktikanta Das’ press briefing: Full text

Reserve Bank of India (RBI) governor Shaktikanta Das on Friday addressed the media via video conferencing to announce measures to…
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Azlyrics April 17, 2020 Lyrics

RBI cuts reverse repo rate by 25 bps to 3.75%: Key points

RBI governor Shaktikanta Das addressed the media amid the ongoing coronavirus crisis. Under liquidity adjustment facility (LAF), reverse repo rate…
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Azlyrics April 13, 2020 Lyrics

RBI to use any means necessary to revive growth: Das

All-out efforts are needed to mitigate the adverse impact of the Covid-19 pandemic, and the RBI will use any instrument…
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Azlyrics April 13, 2020 Lyrics

Top NBFCs may not get RBI reprieve

The country’s top NBFCs that are actively monitored by the RBI have around Rs 65,000 crore of bank debt maturing…
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Azlyrics April 10, 2020 Lyrics

Global economy expected to slump into recession: RBI

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Azlyrics April 9, 2020 Lyrics

Coronavirus ‘drastically altered’ India’s growth outlook: RBI

The outlook for India’s economic recovery has been sharply altered by the coronavirus outbreak, the central bank said in its…
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Azlyrics April 4, 2020 Lyrics

RBI halves mkt hours for forex, Gsecs

The RBI has restricted operating hours for all the markets that it regulates from 10am to 2pm until April 17.…
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Azlyrics April 3, 2020 Lyrics

RBI reduces trading hours for debt, currency markets

The revised market timings will be effective during April 7-17, 2020, the central bank said in a circular on Friday.…
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Azlyrics April 1, 2020 Lyrics

RBI announces more measures to deal with Covid-19 pandemic

The Reserve Bank of India on Wednesday announced more measures to counter the economic fallout of the fast-spreading coronavirus pandemic.…
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Azlyrics March 29, 2020 Lyrics

FinMin, RBI meet on Tuesday to decide borrowing plan for FY21

The Finance Ministry and RBI will hold a meeting on Tuesday to decide on the government’s borrowing plan for the…
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Azlyrics March 28, 2020 Lyrics

RBI cuts rate by 75 bps, steepest in over 10 years

The Reserve Bank of India on Friday cut interest rates by 75 basis points (bps)—the sharpest in over a decade.…
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Azlyrics March 28, 2020 Lyrics

SBI passes on entire benefit, cuts lending rate by 75 bps

State Bank of India (SBI) has passed on the entire cut in interest rates by the RBI to its borrowers…
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Azlyrics March 27, 2020 Lyrics

RBI announces steps to infuse Rs 1.37L cr liquidity

Amid stress in the financial system due to COVID-19, the Reserve Bank of India (RBI) on Friday announced measures to…
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Azlyrics March 27, 2020 Lyrics

RBI reduces repo rate by 75 bps to 4.4%: Key points

Reserve Bank of India (RBI) governor Shaktikanta Das on Friday announced a 75 basis points cut in its policy repo…
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Azlyrics March 27, 2020 Lyrics

RBI announcements to safeguard economy from impact of coronavirus: PM Modi

Prime Minister Narendra Modi on Friday said the RBI had taken giant steps to safeguard the economy from the impact…
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Azlyrics March 27, 2020 Lyrics

EMIs put on hold, big-bang rate cut by RBI

The Reserve Bank of India (RBI) cut repo to 4.4 per cent, the lowest in at least 15 years. Also,…
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Azlyrics March 27, 2020 Lyrics

Slashed interest rate needs quick transmission: Finance minister

Finance minister Nirmala Sitharaman on Friday asked banks for “quick transmission” of slashed interest rate as the RBI cut the…
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Azlyrics March 24, 2020 Lyrics

RBI rejects sale of Religare arms to TCG

Reserve Bank of India (RBI) has rejected a proposal by TCG Capital to acquire Religare Enterprises’ arms Religare Finvest and…
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Azlyrics March 21, 2020 Lyrics

RBI may join 38 central banks that have already cut rates

With 38 central banks around the world reducing interest rates in recent weeks in the wake of the coronavirus crisis,…
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Azlyrics March 20, 2020 Lyrics

RBI to inject Rs 30,000cr liquidity into market

The RBI will inject liquidity of Rs 30,000 crore through open market operations next week to maintain financial stability in…
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Azlyrics March 19, 2020 Lyrics

Banks seek RBI nod for relief to borrowers hit by Covid-19

Relief to coronavirus-hit borrowers from being classified as defaulters and additional funding to help businesses tackle a shutdown are measures…
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Azlyrics March 18, 2020 Lyrics

RBI to buy government bonds to boost liquidity

The Reserve Bank of India (RBI) will buy bonds on the open market for a total of Rs 10,000 crore…
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