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RBI MPC Meeting Outcome: The Monetary Policy Committee (MPC) of the Reserve Bank of India met on 6th, 7th and 8th June 2023. Based on an assessment of the macroeconomic situation and the outlook, the MPC decided unanimously to keep the policy repo rate unchanged at 6.50 per cent," RBI Guv Shaktikanta Das said., Economy News, Times Now
RBI Governor Shaktikanta Das has announced eight additional measures to improve and amend various segments, including the money market to the issuance of e-RUPI vouchers by non-banking firms.
Expanding the scope of resolving the issue of non-performing assets (NPA) to other regulated entities, extending the time for Urban Cooperative Banks (UCB) to achieve the target for priority sector lending, internationalisation of Rupay cards ...
JSA advised consortium of lenders which included more than 30 banks in relation to resolution of debt of Reliance Home Finance
The Resolution Plan comprising the total Resolution amount of Rs. 3,351 crore has been implemented through Authum Investment & Infrastructure Ltd's subsidiary viz. Reliance Commercial Finance Ltd and RCFL has acquired Business Undertaking of Reliance Home