The focus will be on liquidity and not on rates at the monetary policy meet of the Reserve Bank of India this week as policymakers look for ways to perk up credit and push up the growth rate The mon...
The RBI on Friday allowed banks to put on hold EMI payments on all term loans for three months as it slashed the cost of fresh borrowing by cutting policy interest rate by steepest in more than 11 yea...
Markets were quick to pick up on the CRR proposal, and both the stock and the bond markets reported sharp gains, with additional support coming from the LIC, the largest shareholder in IL&FS, whic...
In a major relief to retail and corporate borrowers, the RBI on Friday lowered the policy repo rate by 75 basis points, which could bring down the interest rates on loans, and eased the payment terms ...
The RBI on Monday said banks can avail themselves exemption from their cash reserve ratio (CRR) requirements for up to five years against incremental retail loans to automobiles, residential housing, ...
Fresh loans to homes, buy automobiles and MSMEs will get a special relief on the cash reserve ratio, which is the portion of bank deposits with the RBI. Bank will be allowed to deduct the equivalent o...
The policymakers of Mint Street huddled in absolute secrecy last week and took a raft of decisions to try and sandbag the Indian economy from the withering effects of the coronavirus pandemic. The uns...