The Reserve Bank of India (RBI) left nothing to surprise today and investors have been comforted by a fairly firm policy stance. Monetary policy rates have remained intact, and even the stance has not changed in the face of various challenges that lie ahead. What Governor Shaktikanta Das did was …
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MUMBAI: Clients will soon be able to transfer funds via real-time gross settlement (RTGS) which will be available 24 hours a day in the coming days, Reserve Bank of India (RBI) Governor Shaktikanta said on Friday. You give. “The RTGS system will soon go 24/7 in the next few days …
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Maintaining the status quo for the third time in a row, the Reserve Bank of India decided on Friday to keep the benchmark interest rate unchanged at 4%, but maintained an accommodative stance, implying further rate cuts to come. if the need arises to support the economy hit by the …
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RBI MPC Meeting Highlights: RBI Governor Shaktikanta Das has kept the repurchase rate unchanged once again at the latest monetary policy committee meeting. The stance is also unchanged at the meeting that concluded today. In another important announcement, the RBI governor said that the Real Time Gross Settlement (RTGS) payment …
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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 …
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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 …
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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 …
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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 …
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By: Express Web Desk | New Delhi | October 6, 2020 1:48:18 pm A Reserve Bank of India (RBI) sign is displayed inside the central bank’s headquarters in Mumbai, India, on Thursday, February 6, 2020 (Photographer: Dhiraj Singh / Bloomberg). With the government appointing three members to the Monetary Policy …
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