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RBI Monetary Policy Live News Updates: Shaktikanta Das may do nothing with rates, tweak his forecast for growth

Shaktikanta Das is expected to keep the key lending rates unchanged, keeping in mind the economic impact of the second covid wave. RBI had kept the repo rate unchanged at 4 per cent and the reverse repo rate at 3.35 per cent in the April policy review.Here are five things investors can expect in this money policy:Announcement of GSAP 2.0Targeted measuresInflation outlookA cut in FY22 GDP estimatesUpdate on Covid 2.0 impact on growth ....

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RBI MPC meet: 'Received three offers for PMC Bank resolution,' says Shaktikanta Das


RBI MPC meet: Received three offers for PMC Bank resolution, says Shaktikanta Das
Last month, PMC Bank administrator A K Dixit in a letter to customers and stakeholders had informed that three prospective investors were given time till February 1, 2021 for submission of their final offer
PTI | February 5, 2021 | Updated 15:40 IST
Reserve Bank of India Governor Shaktikanta Das
Reserve Bank Governor Shaktikanta Das on Friday said three investors have submitted their offers for reconstruction of crisis-ridden Punjab and Maharashtra Co-operative (PMC) Bank and evaluation for those are underway. Last month, PMC Bank administrator A K Dixit in a letter to customers and stakeholders had informed that three prospective investors were given time till February 1, 2021 for submission of their final offer. ....

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