RTI Reveals RBI Wrote Off Over Rs 68,000 Cr Loans of Top 50 Defaulters
Banks have technically written off a large amount of Rs 68,607 crore due from 50 top wilful defaulters, including absconding Mehul Choksi. New Delhi| Earlier,...
Tag : RBI
Finance Commission Meets Today, Likely to Discuss Effects Of Pandemic
The Economic Advisory Council of the 15th Finance Commission will meet on April 23-24 to discuss the impact of the pandemic on GDP. New Delhi|...
Reserve Bank of India Cuts Repo Rate By 25 Basic Points to 3.75 Per cent
RBI will release Rs 50,000 crores to National Bank for Agriculture & Rural Development, Small Industries Development Bank of India, and NHB MUMBAI| On Friday...
Top Banks Announce Three-month EMI Moratorium For Customers
Following the Reserve Bank of India directive to banks on 27 March to provide a three-month moratorium on repayment of term loans. New Delhi| In...
Several Banks Provide 3 Month Moratorium to Customers on Payment of EMIs
Leading banks such as Indian Overseas Bank, Indian Bank, UCO Bank, Canara Bank, Punjab & Sind Bank, Syndicate Bank, and the IDBI Bank informed their...
Editorial With Sujit Nair: RBI Governor Announces Measures To Stimulate The Economy
In this episode of the Editorial our Managing Editor Mr Sujit Nair shares his take on relief package announced by RBI Governor Shaktikanta Das and...
“I may contract coronavirus in jail” says Yes Bank Founder Rana Kapoor, Seeks Bail
Rana Kapoor has been lodged in Navi Mumbai’s Taloja Jail in connection with the money laundering case being probed by the Enforcement Directorate. Mumbai: Yes...
Breaking: Repo Rate Cut by 75 Bps, Reverse Repo Rate by 90 Bps, RBI Governer says in Battle-Ready Mode
The RBI Monetary Policy Committee (MPC) which met on March 24, 26 and 27 had a majority of 4-2 towards the favour of a 75...
RBI Governor Shaktikanta Das to Address Media
Through the official twitter handle, the central bank informs about the press briefing. The press briefing comes soon after FM announces the relief package The...
Yes Bank Soars Over 73% On Moody’s Ratings Upgrade, RBI Assurance
The Yes Bank shares ended the day at Rs 58, stronger by Rs 21 or 58 per cent, on the BSE, despite a 2.5per cent...