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Mumbai, Oct 8 (IANS) India’s key equity indices – S&P BSE Sensex and NSE Nifty50 – traded in the green during Friday’s late afternoon trade session after RBI’s monetary policy boosted sentiments. Besides, positive global cues and investors’ expectations of healthy
Mumbai, Oct 8 In view of the uncertainties related to the ongoing pandemic, the RBI has decided to continue with the enhanced Ways and Means Advances (WMA) limits up to March 31, 2022. As recommended by the Advisory Committee chaired
Mumbai, Oct 8 (IANS) The RBI has proposed a framework for geo-tagging of physical payment acceptance infrastructure of merchants for widening access to digital payments. Geo-tagging involves capturing geographical coordinates – viz latitude and longitude of physical payment acceptance infrastructure –
Mumbai, Oct 8 (IANS) The Reserve Bank of India (RBI) retained its key short-term lending rates during its October monetary policy review of FY22. The growth-oriented accommodative stance was also retained to give a push to economic activity. The Monetary Policy
New Delhi, Oct 8 The Reserve Bank of India on Friday said it will cease the operations of its secondary market ‘G-Sec Acquisition Programme’ or ‘G-SAP’. RBI Governor ShaktiKanta Das said that G-SAPs have been successful in addressing market concerns
Mumbai, Oct 8 (IANS) RBI has extended dates for the classification of bank credit to focused NBFCs as priority sector lending till March 31, 2022. The provision ended on September 30 and a need was felt for extending the facility with
Mumbai, Oct 8 With a view to further strengthen the internal grievance redress mechanism of NBFCs, the Reserve Bank of India (RBI) on Friday decided to introduce the Internal Ombudsman Scheme (IOS) for certain categories of NBFCs which have higher
Mumbai, Oct 8 (IANS) The Reserve Bank of India (RBI) on Friday proposed to introduce a framework for carrying out retail digital payments in offline mode across the country. In common parlance this means introduction of facility where digital transactions could
Mumbai, Oct 8 (IANS) In order to promote digital transactions, the Reserve Bank of India (RBI) on Friday enhanced the transaction limit using Immediate Payment Service (IMPS) of banks to Rs 5 lakh. RBI Governor Shaktikanta Das said that the limit
New Delhi, Oct 8 (IANS) The Reserve Bank of India (RBI) on Friday retained the FY22 projection for real GDP growth at 9.5 per cent. Accordingly, RBI Governor Shaktikanta Das pointed out that GDP is expected to grow at 7.9 per
New Delhi, Oct. Oct 8 The Reserve Bank of India (RBI) has reduced the retail inflation projection for the ongoing financial year to 5.3 per cent from the previous estimate of 5.7 per cent. In a virtual address post the
Mumbai, Sep 23 There is a need to continue with labour and product market reforms to usher in inclusive and sustainable growth, Reserve Bank of India Governor Shaktikanta Das said on Wednesday. In his address at the 48th National Management
New Delhi, Aug 6 Shaktikanta Das, the Governor of the Reserve Bank of India (RBI) has stressed on continued policy support from all sides, including monetary and fiscal in order to enhance the nascent recovery that the economy is witnessing.
Mumbai, July 15 Reserve Bank of India Governor Shaktikanta Das on Thursday said that financial inclusion will remain a priority of the central bank to achieve sustainable post-pandemic economic recovery. Speaking at the Economic Times Financial Inclusion Summit, Das noted
Mumbai, May 26 Reserve Bank of India (RBI) Governor Shaktikanta Das on Tuesday asked heads of select private sector banks to boost credit flows to retail and small business borrowers and quickly implement all the measures announced by the apex
Mumbai, May 6 As country battles the Covid crisis and states go for lockdowns, Governor of the Reserve Bank of India (RBI) Shaktikanta Das has said that high frequency indicators are showing mixed signals for the Indian economy. He said
Mumbai, May 5 The key Indian equity indices traded on a positive note on Wednesday as the RBI Governor announced few measures to counter the impact of the second wave of Covid on the economy and businesses. Around 10.45 a.m.,
New Delhi, March 25 Reserve Bank of India Governor Shaktikanta Das on Thursday said that the central bank has flagged major concerns over cryptocurrency to the government. Speaking at the Times Network India Economic Conclave, the Governor said that digital
Mumbai, Feb 6 Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday put onus on both the Centre and states to ensure through concerted policy measures that current cost build in petroleum products and industrials raw materials does not
Mumbai, Dec 23 Reserve Bank Governor Shaktikanta Das continued discussions with MDs and CEOs of both public and private sector banks on Wednesday. The discussions, which began Tuesday, included the assessment of the current economic situation and outlook, monetary policy
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