Tag Archives: RBI

The Reserve Bank of India on Friday kept interest rates unchanged as inflation remained stubbornly high, but unleashed a host of other tools to cut borrowing costs in a bid to jump-start growth in the Asia’s third largest economy. Citing inflation as a passing concern, the central bank maintained its …

Indian stock markets rose today for the seventh day in a row, led by gains in bank stocks. The Reserve Bank of India today kept interest rates unchanged but announced measures to boost liquidity and lending. The Nifty was up 0.67% to 11,914.20 and the Sensex gained 326 points to …

India’s central bank took a number of unconventional measures to reduce borrowing costs in the economy, as above-target inflation prevents it from lowering the benchmark rate for the time being. While the Monetary Policy Committee kept the repurchase rate at 4% and maintained its accommodative stance, the Governor of the …

In short, a policy for the bond markets. Bond market participants are appreciating the large number of measures proposed by the RBI governor in his monetary policy on Friday to ease financing conditions and provide adequate liquidity. RBI’s announcement of OMO duplicates of ₹Rs 20 billion next week, the first-time …

MUMBAI: India’s sovereign bond market saw all its payers responded on Friday, even the silent ones. Reserve Bank of India (RBI) Governor Shaktikanta Das donned the hat of a bond whisperer by giving investors an unbridled commitment to support them. The RBI is now open to not only injecting more …

Written by Sandeep Singh, edited by Explained Desk | New Delhi | Updated: October 9, 2020 12:35:05 pm A man walks past the EEB building as the Sensex crossed the 40,000 mark, in Mumbai, on Thursday, October 8, 2020 (PTI Photo: Mitesh Bhuvad). Benchmark Sensex on BSE crossed closed above …

The Reserve Bank of India’s Monetary Policy Committee voted on Friday to keep key rates unchanged and maintained an accommodative stance, Governor Shaktikanta Das announced. With this repurchase rate it remains at 4.0% while the reverse repurchase rate remains at 3.35% The development comes amid signs of recovery in the …

The Reserve Bank of India (RBI) has kept the repurchase rate constant in its October 2020 monetary policy. Borrowers paying EMI on their floating rate loans have nothing to be happy about, as the Reserve Bank of India (RBI) has kept the buyback rate constant in its October 2020 monetary …

MUMBAI: The Reserve Bank of India (RBI) said on Friday that it will introduce long-term repurchase operations (TLTROs) available for banks to borrow up to ₹1 trillion from the window and invest in corporate bonds and other debt instruments of certain sectors. Banks can also use these funds to make …

The governor of the Reserve Bank of India (RBI), Shaktikanta Das, announced the central bank’s monetary policy decision on Friday after three days of deliberations by its monetary policy committee (MPC). The six-member MPC meeting was previously scheduled to take place from September 29 to October 1, but was rescheduled …