Sunday, January 23, 2022


Editorial: RBI’s timely succour

It is up to the Centre now to complement RBI’s efforts to revive the economy with appropriate policy interventions

Rs 50K cr on-tap term liquidity facility opened to ease access to emergency health services

Banks desirous of deploying their own resources without availing funds from the RBI under the scheme for lending to the specified segments mentioned above will also be eligible for the incentives.

RBI announces Rs 50K cr liquidity window for Covid-related health services

Banks may deliver these loans to borrowers directly or through intermediary financial entities regulated by the RBI.

RBI allows loan restructuring for individuals, MSMEs hit by COVID-19 wave

Borrowers that are individuals and micro, small and medium enterprises (MSMEs) having an aggregate exposure of up to Rs 25 crore would be considered for the new scheme.

RBI issues guidelines for appointment of statutory auditors of banks, NBFCs

However, non-deposit taking NBFCs with asset size below Rs 1,000 crore have the option to continue with their extant procedure.

Atanu Chakraborty appointed as part-time chairman of HDFC

Chakraborty, a 1985 batch IAS officer of Gujarat cadre, retired as Secretary of Department of Economic Affairs in April 2020

India’s forex reserves jump $1.19 billion

In the week ended April 16, 2021, the increase in reserves was mainly due to a rise in foreign currency assets (FCAs), a major component of the overall reserves

Airtel Payments Bank increases day-end balance limit to Rs 2 lakh

The RBI's decision to increase the balance limit is an endorsement of the role Payments Banks have in furthering financial and digital inclusion in India.

Forex reserves surge by $4.34 bn

In the previous week ended April 2, the reserves had dipped by $2.42 billion to $576.28 billion

RBI targets 5.2 per cent retail inflation for first half of FY22

Reserve Bank of India (RBI) has kept the key repo rate unchanged at 4 per cent to support growth in the current situation.

Rupee slumps 24 paise to 73.66 against US dollar in early trade

Reserve Bank of India on Wednesday expectedly left interest rates unchanged and maintained an accommodative stance as the economy faces a renewed threat.

RBI keeps interests rates unchanged

The central bank kept the benchmark repurchase rate unchanged at 4 per cent and maintained accommodative policy stance to support growth.

Indian rupee logs over 4% gain this fiscal

The financial year 2020-21 has been a roller-coaster ride for the rupee due to Covid-19. The pandemic-induced massive sell-off in the equity market led the rupee breach record low of 76.90.

RBI told to protect cooperative principles

National Federation of State Cooperative Banks Limited (NAFSCOB) Chairman Konduru Ravinder Rao has stressed the need to safeguard the cooperative principles and spirit and also the farming sector.

Telangana High Court raps Marketing officials

The panel did not trust the assurance given by the Special Government Pleader on behalf of the Department of Marketing.

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