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RBI tells banks to ensure credit flow to stressed sectors

Mumbai, April 12 -- Reserve Bank of India (RBI) governor Shaktikanta Das on Monday cautioned bankers to remain watchful of the evolving pandemic situation and also ensure credit flow to different sect... Read More


Banks should ensure credit flow to stressed sectors: RBI to bankers

Mumbai, April 12 -- The Reserve bank of India Governor Shaktikanta Das on Monday cautioned bankers to remain watchful of the evolving pandemic situation and also ensure credit flow to different sector... Read More


Moratorium likely to cost banks Rs.7k cr

mumbai, April 10 -- Compound interest refunds for loans above Rs.2 crore during last year's moratorium will cost Indian lenders over Rs.7,000 crore this quarter, given the government's unwillingness t... Read More


Banks may take a Rs.7,000 crore hit

New Delhi, April 9 -- Compound interest refunds for loans above Rs.2 crore during last year's moratorium will cost Indian lenders over Rs.7,000 crore this quarter, given the government's unwillingness... Read More


RBI to infuse Rs.1 lakh cr in Q1 to cap bond yields

Mumbai, April 8 -- The Reserve Bank of India (RBI) announced a Rs.1 lakh crore bond-buying plan to keep a lid on long-term interest rates amid a massive government borrowing programme, even as it held... Read More


RBI to infuse Rs.1 trillion in Q1 to cap bond yields

Mumbai, April 8 -- The Reserve Bank of India (RBI) announced a Rs.1 trillion bond-buying plan to keep a lid on long-term interest rates amid a massive government borrowing programme, even as it held p... Read More


RBI announces a massive Rs1 trillion G-sec purchase programme

MUMBAI, April 7 -- The Reserve Bank of India (RBI) on Wednesday announced a secondary market government security acquisition programme (GSAP 1.0) wherein the central bank will purchase government bond... Read More


Lenders to put in place a board approved policy to refund compound interest: RBI

Mumbai, April 7 -- The Reserve Bank of India on Wednesday said that all lending institutions should put in place a board approved policy to refund/adjust the interest on interest charged to borrowers ... Read More


RBI Monetary Policy: Four things to watch out for

MUMBAI, April 7 -- Reserve Bank of India (RBI) governor Shaktikanta Das on Wednesday will announce the first by-monthly monetary policy statement of fiscal 2021-22 at 10am, which will be followed by a... Read More


Pre-pack scheme may not draw much interest: Bankers

Mumbai, April 7 -- A day after the government introduced the ordinance for pre-packaged insolvency resolution for micro, small and medium enterprises (MSMEs), lenders said that they do not expect a fl... Read More