RBI to make it difficult for influential people to twist loan conditions in their favor
The RBI governor said that they will bring out draft circular inviting public comments on how to make connected lending more stricter.
Source: indiatimes.com
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World Bank's Banga says exploring longer, cheaper loans as mission expands to climate
World Bank's Banga says exploring longer, cheaper loans as mission expands to climate. Banga said balance sheet steps in process would yield $157 billion in new lending capacity over a decade, and the World Bank would explore loan maturities of 35-40 years for social and human capital investments.
Source: indiatimes.com
Cheaper multilateral loans now top Kenya's debt pile
Cheaper multilateral loans now top Kenya’s debt pile
Source: nation.africa
Centre looks to tap ₹1 tn agri infra fund for solar projects on farm lands
Loans under the ₹1 trillion AIF are capped at 6%, compared to the 8-11% rate usually charged by banks for these projects.
Source: livemint.com
RBI keeps Repo Rate unchanged at 5.15 per cent in last monetary policy of FY20
The announcement was made after the Monetary Policy Committee voted 6-0 in favour of the status quo on the repo rate.
Source: newsnationtv.com