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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RBI Governor Shaktikanta Das has already promised more policy measures, if necessary, to support the economy. RBI Governor Shaktikanta Das said today that the country’s economy is likely to contract 9.5 percent in the current financial year, “with downside risks,” while maintaining a status quo in rates. policy citing high …
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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 …
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New Delhi: The Reserve Bank of India said on Monday that the Monetary Policy Committee meeting will be rescheduled for September 29, 30 and October 1, 2020, as announced. Dates for the MPC’s bimonthly meeting will be announced shortly, the central bank said. The six-member Monetary Policy Committee (MPC) headed …
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RBI Governor Shaktikanta Das addressed members of India Inc.’s FICCI body today. The RBI chief said the economic recovery is not fully entrenched and the recovery is likely to be gradual. These are the highlights of what he said: The persistently large infusion of liquidity by the RBI has ensured …
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