Rbi On Coronavirus
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RBI Says $6.7 Billion In Cheap Loans For Vaccine Makers, Hospitals
India's central bank released $6.7 billion in cheap financing for vaccine makers, hospitals and other health firms on Wednesday, to counter the devastating coronavirus surge gripping the country.
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Don't Foresee Anymore Lockdowns, GDP Growth Forecast Remains 10.5%: RBI Governor
The rising COVID-19 infections across the country are a matter of concern, but it may not impact the ongoing economic revival as one does not foresee lockdowns, Reserve Bank Governor Shaktikanta Das said today.
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After Recession Warning, Government's New Moves On Economy: 10 Facts
The government today announced new measures to support the manufacturing sector and create jobs after the Reserve Bank of India said the country was set to enter a recession with estimates of another quarterly contraction. The country's economy has been badly hit by the coronavirus pandemic, with growth shrinking by a record 23.9 per cent between A...
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RBI Governor Shaktikanta Das Tests Positive For Coronavirus
RBI Governor Shaktikanta Das has tested positive for the coronavirus, he tweeted on Sunday, adding that he is asymptomatic and will continue to work from isolation.
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"Only Solution": Centre To Waive Compound Interest On Loans Up To 2 Crore
In a huge reprieve for borrowers, the government has told the Supreme Court that it is ready to waive interest on the repayment of loans of up to Rs 2 crore, frozen by the Reserve Bank of India (RBI) in a six-month moratorium granted because of the coronavirus pandemic.
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On Loan Moratorium And Interest Payments, Centre's October 1 Deadline
The Centre has to take a call by October 1 on how much time it will give to borrowers who have not been able to repay loans due to the coronavirus pandemic. It also has to decide whether they have to pay interest for this period, the Supreme Court said today. The government got a week's time from the Supreme Court today, by the end of which it has ...
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"Centre Must Take Loan From RBI And Give Us": Delhi Deputy Chief Minister
Delhi Deputy Chief Minister Manish Sisodia on Thursday said that under the existing system, the city government cannot take a loan from the RBI to meet its revenue shortfall.
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"RBI Has Confirmed What I Have Been Warning For Months": Rahul Gandhi
Rahul Gandhi said that "distractions through media won't help the poor" as he tweeted about the Reserve Bank of India's latest warning on economic contraction amid the novel coronavirus pandemic.
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Supreme Court Seeks Finance Ministry's Reply On Waiver Of Interest During Moratorium Period
The Supreme Court today sought the Finance Ministry's reply on waiver of interest on loans during the moratorium period after the RBI said it would not be prudent to go for a "forced waiver of interest" risking financial viability of the banks.
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Indian Carmakers Offer Teaser Loans As RBI Softens Stance: Report
Carmakers Maruti Suzuki, Hyundai and Mercedes Benz are offering buyers "teaser loans", a move sources said followed a softening of the Indian central bank's stance on the products in the face of a coronavirus crisis induced economic slump.
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RBI Says $6.7 Billion In Cheap Loans For Vaccine Makers, Hospitals
India's central bank released $6.7 billion in cheap financing for vaccine makers, hospitals and other health firms on Wednesday, to counter the devastating coronavirus surge gripping the country.
-
Don't Foresee Anymore Lockdowns, GDP Growth Forecast Remains 10.5%: RBI Governor
The rising COVID-19 infections across the country are a matter of concern, but it may not impact the ongoing economic revival as one does not foresee lockdowns, Reserve Bank Governor Shaktikanta Das said today.
-
After Recession Warning, Government's New Moves On Economy: 10 Facts
The government today announced new measures to support the manufacturing sector and create jobs after the Reserve Bank of India said the country was set to enter a recession with estimates of another quarterly contraction. The country's economy has been badly hit by the coronavirus pandemic, with growth shrinking by a record 23.9 per cent between A...
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RBI Governor Shaktikanta Das Tests Positive For Coronavirus
RBI Governor Shaktikanta Das has tested positive for the coronavirus, he tweeted on Sunday, adding that he is asymptomatic and will continue to work from isolation.
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"Only Solution": Centre To Waive Compound Interest On Loans Up To 2 Crore
In a huge reprieve for borrowers, the government has told the Supreme Court that it is ready to waive interest on the repayment of loans of up to Rs 2 crore, frozen by the Reserve Bank of India (RBI) in a six-month moratorium granted because of the coronavirus pandemic.
-
On Loan Moratorium And Interest Payments, Centre's October 1 Deadline
The Centre has to take a call by October 1 on how much time it will give to borrowers who have not been able to repay loans due to the coronavirus pandemic. It also has to decide whether they have to pay interest for this period, the Supreme Court said today. The government got a week's time from the Supreme Court today, by the end of which it has ...
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"Centre Must Take Loan From RBI And Give Us": Delhi Deputy Chief Minister
Delhi Deputy Chief Minister Manish Sisodia on Thursday said that under the existing system, the city government cannot take a loan from the RBI to meet its revenue shortfall.
-
"RBI Has Confirmed What I Have Been Warning For Months": Rahul Gandhi
Rahul Gandhi said that "distractions through media won't help the poor" as he tweeted about the Reserve Bank of India's latest warning on economic contraction amid the novel coronavirus pandemic.
-
Supreme Court Seeks Finance Ministry's Reply On Waiver Of Interest During Moratorium Period
The Supreme Court today sought the Finance Ministry's reply on waiver of interest on loans during the moratorium period after the RBI said it would not be prudent to go for a "forced waiver of interest" risking financial viability of the banks.
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Indian Carmakers Offer Teaser Loans As RBI Softens Stance: Report
Carmakers Maruti Suzuki, Hyundai and Mercedes Benz are offering buyers "teaser loans", a move sources said followed a softening of the Indian central bank's stance on the products in the face of a coronavirus crisis induced economic slump.
