Tag Archives: RBI

[ad_1] A protracted blockade could possibly push millions of Indians to “subsistence margins,” former RBI Governor Duvvuri Subba Rao said Sunday as he waited for a recovery in V once the Covid-19 crisis and change ends. in India it is faster than some economies. . I was participating in a …

[ad_1] MUMBAI : The move by the Reserve Bank of India (RBI) to reduce the reverse repo rate by 115 basis points (bp) since March 27, pushing banks to lend to “productive sectors” does not seem to have worked. Non-bank financial companies (NBFC) will continue to face a funding crisis …

[ad_1] The Reserve Bank of India decided on Thursday to recapture its bond swap program scheduled as Operation India’s Twist with the aim of aiding monetary transmission. The RBI said it will carry out the buying and selling of government securities in open market operations (OMOs) for Rs10,000 crore each …

[ad_1] The bank did not elaborate on the three candidates who made the cut. Mumbai HDFC Bank said Saturday that its board has finalized three candidates, in order of preference, to succeed CEO and MD Aditya Puri, but did not disclose the names, saying they will be released to the …

[ad_1] MUMBAI: Three weeks after it presented its first package on March 27 for an economy hit by the Covid-19 pandemic, the Reserve Bank of India sought on Friday to guarantee the solvency of companies and small non-bank lenders during the extended closing period by making funds available to NBFCs. …

[ad_1] MUMBAI: In a bid to ensure that businesses and small non-bank lenders remain solvent during Covid-19’s extended lockdown period, the Reserve Bank of India announced measures to make funds available to NBFC, pressuring banks to make loans and delay the classification of borrowers. defaulters. Highlights of the measures on …

[ad_1] Coronavirus outbreak LATEST updates: Sixty-eight staff members, including doctors and nurses from a Delhi hospital, have been sent to home quarantine after a 25-year-old pregnant woman admitted that she died possibly from the new coronavirus, officials said Thursday. The decision was made by authorities at the government-run Bhagwan Mahavir …