RBI has allowed on-tap term liquidity facility of Rs 50,000 crore with the tenor of up to 3 years at repo rate is being opened till March 31, 2022, for vaccine manufacturers and the healthcare sector NEW DELHI Reserve Bank of India, Governor, Shaktikanta Das during his unscheduled address Wednesday, May 5, 2021, thanked the country’s […]Read More
RBI Governor Shaktikanta Das said the central bank maintained its FY22 GDP growth outlook for economy at 10.5% but flagged the spike in Covid-19 as a key risk NEW DELHI The Reserve Bank of India (RBI) Governor Shaktikanta Das, on Wednesday, said the central bank maintained its real GDP growth projection for the financial year […]Read More
Shaktikanta Das says both the Centre and state governments have their revenue pressures and they are required to spend high sums of money to enable the country and the people to come out of the Covid pandemic stress MUMBAI Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday said there is a need for […]Read More
Among sectors, bank, infra, IT indices ended in the green, while selling witnessed in the FMCG, auto, metal and pharma indices. Continuing their gaining streak for the seventh session in a row, the benchmark indices ended nearly a per cent higher on Friday after the monetary policy committee (MPC) of the RBI left the repo […]Read More
The companies with a net worth of over Rs 500 crore will be eligible to set up an umbrella entity. New Delhi: The Reserve Bank on Tuesday unveiled the framework for setting up umbrella entities for operating pan-India retail payments systems and invited applications from eligible companies by February 26, 2021. “Reserve Bank has today […]Read More
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