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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 bank's Monetary Policy Committee (MPC) has unanimously decided to keep repo rate unchanged at 4 per...
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.