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Aspirational middle-class aid sharp increase in the number of demat accounts thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Markets could be slightly disappointed with the last tranche of GSAP 1.0 including SDL within the Rs400 bn limit, especially, after the announcement of a possible Rs1.58 tn borrowing by center as back-to-back loans to the states. ....
The RBI on Friday held the repo rate, its key lending rate, at four per centand kept the reverse repo rate, the borrowing rate, unchanged at 3.35 per cent. ....
GSAP 1.0 centrepiece of RBI money policy: Economists, analysts break it down SECTIONS Last Updated: Apr 07, 2021, 01:17 PM IST Share Synopsis The benchmark 10-year bond yield rose to 6.19% post-policy, before falling back to 6.06% after the central bank announced a secondary market government securities (G-sec) acquisition programme. Agencies The RBI s Monetary Policy Committee on Wednesday announced the outcome of its first policy review of FY22. The Reserve Bank of India (RBI) stuck to its accommodative monetary policy stance amid concerns that rising infections could derail the country’s nascent economic recovery. The benchmark 10-year bond yield rose to 6.19% post-policy, before falling back to 6.06% after the central bank announced a secondary market government securities (G-sec) acquisition programme. ....
RBI money policy: EMIs stable, call for tax cut on fuel & other takeaways SECTIONS Share Synopsis The Monetary Policy Committee of RBI decided to keep the policy rate unchanged, maintained growth projections and pledged to keep money supply open. Agencies The RBI said it would provide liquidity support of Rs 50,000 crore for fresh lending during 2021-22 to All India Financial Institutions. Related NEW DELHI: The Reserve Bank of India on Wednesday tried to strike a conciliatory note by delivering on the expectations and extending an olive branch to bond traders, who had been revolting in the recent past. The Monetary Policy Committee of RBI decided to keep the policy rate unchanged, maintained growth projections, pledged to keep money supply open and batted for a tax rate cut on fuel so that inflation may come down. ....