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Saturday, May 15, 2021

RBI

FIDC seeks relief for MSMEs benefited under RBI’s Restructuring Framework 1.0

Mumbai, May 14 (IANS) The Finance Industry Development Council (FIDC) has sought loan restructuring for the micro, small and medium enterprises (MSME) who benefited from the previous loan restructuring framework provided by the Reserve Bank of India amid the...

RBI announce Rs 35K cr G-sec Acquisition Programme

Mumbai, May 12 (IANS) The RBI on Wednesday announced the second tranche of Open Market Purchase of Government of India Securities under G-sec Acquisition Programme (G-SAP 1.0). As announced in the RBI Governor's statement of May 5, the second tranche...

‘Centre, states need to bolster RBI steps via vaccination, better health infra’

New Delhi, May 10 (IANS) As the country struggles amid the second wave of Covid-19 and economic activities again halt, an SBI report has commended measures taken by the Reserve Bank of India (RBI) amid the pandemic to support...

‘RBI liquidity window can augment healthcare infra’

Mumbai, May 7 (IANS): The Rs 50,000 crore liquidity window offered by the Reserve Bank of India (RBI) to banks under priority-sector lending to augment Covid-19 healthcare infrastructure will help raise treatment capacity, and availability of medicines and medical equipment,...

High frequency indicators showing mixed signals: RBI Guv

Mumbai, May 5 (IANS) As country battles the Covid crisis and states go for lockdowns, Governor of the Reserve Bank of India (RBI) Shaktikanta Das has said that high frequency indicators are showing mixed signals for the Indian economy. He...

RBI relaxes Overdraft facility for states to aid fight Covid

Mumbai, May 5 (IANS) To enable the State Governments to better manage their fiscal situation in terms of their cash-flows and market borrowings, the Reserve Bank of India (RBI) on Wednesday permitted certain relaxations with regard to availment of...

RBI eases KYC compliance; extends video KYC to new customers

Mumbai, May 5 (IANS) The Reserve Bank of India did not stop at providing liquidity enhancement measures to tackle the current economic strain unleashed by the resurgence of a Covid-19 wave. It also rationalised certain compliance matters to provide...

RBI announces 2nd round of loan restructuring for MSMEs, individuals

Mumbai, May 5 (IANS) The Reserve Bank of India has announced another round of loan restructuring for MSMEs, small businesses and individuals with aggregate exposure of up to Rs 25 crore, who have not been beneficiaries of restructuring frameworks. RBI...

RBI Relief: Liquidity support unleashed to suppress Covid turbulence

Mumbai, May 5 (IANS) India's Reserve Bank has initiated several liquidity boosting measures to combat economic turbulence unleashed by the resurgence of Covid-19. In virtual address, RBI Governor Shaktikanta Das announced a number of liquidity enhancement and targeted measures to...

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

Mumbai, May 5 (IANS) As the county's healthcare system reels under the severe Covid crisis, the Reserve Bank of India (RBI) on Wednesday announced a liquidity window of Rs 50,000 crore wherein vaccine makers, hospitals, oxygen suppliers among other...

Latest News

Karnataka minister favours extension of lockdown in state

Bengaluru, May 15 (IANS) Karnataka Revenue Minister R. Ashoka on Friday favoured extension of the 14-day lockdown to contain...