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Mumbai (Maharashtra) [India], June 4 (ANI): The Reserve Bank of India (RBI) on Friday opened a separate liquidity window of Rs 15,000 crore till March 31 next year to mitigate the adverse impact of Covid-19's second wave on certain contact-intensive sectors.

RBI maintains status quo, cuts FY22 growth forecast to 9.5% The Reserve Bank of India has decided to keep key interest rates unchanged while maintaining an accommodative stance. The central bank has also cut its FY22 growth forecast to 9.5 per cent. Here is all you need to know. advertisement RBI Governor Shaktikanta Das. (Photo: Reuters) The Reserve Bank of India (RBI) on Friday kept key interest rates unchanged and maintained an accommodative stance for the sixth consecutive time. The central...

The Reserve Bank of India has announced some additional liquidity measures to help businesses that have been hit hard during the second wave of the Covid-19 pandemic. The central bank has also expanded the Resolution Framework 2.0. Here is all you need to know.

Read more about RBI policy: No explicit time frame for continuation of accommodative stance on Business Standard. The monetary policy stance is expected to remain accommodative for most of 2021, until a dramatic improvement in vaccine coverage quells uncertainty regarding the growth outlook

Deepak Sood, secretary general, ASSOCHAM said while keeping the benchmark REPO rates unchanged at 4 per cent was on the expected lines, extension of Rs 15,000 crore special liquidity window for contact-intensive sectors would help job-oriented sectors, particularly amongst the MSMEs.

RBIs liquidity, growth supporting measures crucial for recovery from 2nd COVID wave: Experts SECTIONS Last Updated: Jun 04, 2021, 05:27 PM IST Share Synopsis Financial intelligence company Moodys Analytics said with COVID-induced restrictions likely to be eased only gradually, the sharp slowdown in domestic demand is set to weaken revival beyond the June quarter. RBI in its monetary policy on Friday kept interest rates unchanged at record lows and committed to maintaining an accommodative polic...

Read more about Look forward to repo rate cut by RBI in future, says India Inc on Business Standard. RBI decided to leave the benchmark interest rate unchanged at 4 per cent

URL copied RBI decided to leave the benchmark interest rate unchanged at 4 per cent India Inc on Friday said it is looking forward to repo rate cut in future as cost of funds has to come down in coming times, but expect continuation of accommodative policy stance by Reserve Bank of India (RBI). RBI decided to leave the benchmark interest rate unchanged at 4 per cent, but maintained an accommodative stance as the economy faces the brunt of the second COVID wave. Sanjay Aggarwal, Presid...

RBI gives Rs 15,000 crore liquidity window for some sectors ANI 04 Jun 2021, 16:18 GMT+10 Mumbai (Maharashtra) [India], June 4 (ANI): The Reserve Bank of India (RBI) on Friday opened a separate liquidity window of Rs 15,000 crore till March 31 next year to mitigate the adverse impact of Covid-19s second wave on certain contact-intensive sectors. The facility will have tenors of up to three years at repo rate (4 per cent), said RBI Governor Shaktikanta Das. Under the scheme, banks can provide fr...

The special window announced on Friday, encourages banks to provide fresh lending support to hotels, restaurants, travel operators, aviation ancillary services, and others including private bus operators, salons, car repair services, rent-a-car service providers and event organizers.