Tag Archives: RBI

NEW DELHI: Attorney General Tushar Mehta told the Supreme Court on Tuesday that the moratorium period for loan repayments can be extended up to two years according to the RBI circular. Mehta, on behalf of the Center and the RBI, presented: “We are in the process of identifying the sectors …

MUMBAI : The Reserve Bank of India announced on Monday another series of liquidity measures to allay market fears about rising yields and the higher loan program. The central bank increased the hold-to-maturity (HTM) limit, or the amount banks invest in government securities, from 19.5% to 22%. It also announced …

The Reserve Bank is unlikely to extend the moratorium on bank loan repayments beyond August 31, as an extension could affect the credit behavior of borrowers without solving the problems they face after the COVID-19 outbreak. sources said. The RBI had announced a moratorium on debt repayment for six months …

MUMBAI : The Reserve Bank of India will not extend the moratorium on loan repayments after it ends on August 31, people familiar with the matter said. While an extension was actively being considered, the RBI chose not to do so because it was concerned about changes in credit behavior …

[ad_1] After almost 50 days of one of the world’s strictest blockades to combat Covid-19, during which the Indian economy went into free fall, Prime Minister Narendra Modi announced an economic package that would put the country back on its feet and would make it self-sufficient. . To Modi’s most …

[ad_1] Mumbai: From the Rs 20-lakh-crore package that PM Modi announced to defend the economy against coronavirus disruptions, the new support may be only around 60 percent of supply, as it features the first financial stimulus and support from liquidity that the Reserve Bank has already given, and will overload …

[ad_1] NEW DELHI: Finance Minister Nirmala Sitharaman will reveal some of the finer details of the Rs 20 lakh crore economic package today. Nicknamed Atma Nirbhar Bharat Abhiyan, the stimulus package represents 10 percent of India’s GDP, which is well above what the industry requested. Analysts set the scope of …

[ad_1] Shock and amazement. Inspiration and invitation to imagine and dream. Aspirations for an India that shapes the world. Underestimation and subliminal messages. All the rhetorical devices of an effective politician were present in the Prime Minister’s speech to the nation at 8 pm on Tuesday. What was missing was …

[ad_1] Prime Minister Narendra Modi announced a ~ 20 lakh crore economic package to help people and businesses deal with the Covid-19 pandemic and forced closure to combat its spread and, he says, turn the “crisis into a opportunity”. The details of the package, which is equivalent to a little …

[ad_1] The government today raised the estimated gross market loan for fiscal year 2020-21 to Rs 12 lakh crore from the budget of Rs 7.8 lakh crore, to cushion the blow of the new coronavirus pandemic. The “loan review has been necessary due to the COVID-19 pandemic,” the government and …