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Total 604 results found. Search for [ RBI Governor Shaktikanta Das ]

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BusinessToday.In
New Delhi, March 27, 2020
In a bid to maintain stability in the financial system in the wake of coronavirus pandemic, the Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said that Rs 3.74 lakh crore liquidity will be injected into system through various measures. As part of liquidity infusion measures, the central bank announced a massive 75 basis points cut in repo rates to revive economic growth which has been hit hard by the COVID-19 outbreak. Watch the video for more.Also Read: How RBI's Rs 3.74 lakh crore stimulus will impact financial markets


BusinessToday.In
New Delhi, March 27, 2020
Following a 75 basis points reduction in interest rate, SBI's external benchmark linked lending rate (EBR) will come down to 7.05 per cent per annum from 7.80 per cent earlier


Aprajita Sharma
March 27, 2020
The EMI holiday will not only give a big relief to salaried employees of struggling companies, fearing a delay in the salary, pay cuts and even job loss but also self-employed individuals staring at income loss


BusinessToday.In
New Delhi, March 27, 2020
SBI Chairman Rajnish Kumar said that the bazooka of conventional cash reserve ratio (CRR) cut by 100 bps and unconventional liquidity measure of incentivising banks will lift the spirit of financial market


Anand Adhikari
March 27, 2020
RBI's list of announcements included a repo rate cut of 75 basis points, Rs 3.74 lakh crore liquidity boost, and deferment of loan instalments for 3 months, among other things


Manoj Sharma
New Delhi, March 27, 2020
RBI on Friday key cut interest rate by steepest -- 75basis points to 4.4 per cent -- in more than 15 years as it joined the Modigovernment efforts to tackle coronavirus impact


BusinessToday.In
New Delhi, March 27, 2020
By announcing targeted long term repo operations and reducing CRR, the RBI has ensured that the dislocations in financial markets get addressed to great extent, says FICCI President


PTI
March 27, 2020
The three-month moratorium on payments of term loan instalments (EMI) and interest on working capital give much-desired relief, Sitharaman said


BusinessToday.In
March 27, 2020
Prime Minister Narendra Modi said, 'RBI's announcements will improve liquidity, reduce cost of funds, help middle class and businesses'


Anand Adhikari
March 27, 2020
These are 'extraordinary' measures because of an unprecedented situation that the outbreak of Covid-19 has created in the global economy


Aseem Thapliyal
March 27, 2020
Sensex which traded at 30,886 before the RBI announced its emergency rate cut fell to a low of 29,360 post the apex bank's policy


BusinessToday.In
New Delhi, March 27, 2020
Coronavirus relief: Finance Ministry urges RBI to pause EMI, loan repaymentsFinance Ministry has asked the Reserve Bank of India to consider emergency measures to help borrowers cope with economic pressure triggered by the COVID 19 outbreak. Coronavirus outbreak has led to reduced business activity and has already resulted in layoffs and salary cuts. Meanwhile, Finance Minister Nirmala Sitharaman has announced a comprehensive package of Rs 1.7 lakh crore for the economically weake...


Anwesha Madhukalya
New Delhi, March 27, 2020
Shaktikanta Das Press Conference update: The RBI Governor said that depositors of commercial banks, including private sector banks, need not worry on the safety of their funds


Chitranjan Kumar
New Delhi, March 27, 2020
Shaktikanta Das said that the RBI has already injected liquidity of Rs 2.8 lakh crore in the financial markets through various instruments, which equals to 1.4 per cent of GDP


Manoj Sharma
New Delhi, March 27, 2020
With the RBI giving a green signal to defer loan repayment for three months, the ball is in the banks' court to pass on the benefit to people, many of whom have been affected to due job loss and salary cuts in wake of COVID-19 crisis


PTI
March 27, 2020
Moody's slashed its estimate of India's GDP growth for calendar year 2020 to 2.5% from an earlier estimate of 5.3%


PTI
March 27, 2020
At the interbank foreign exchange the rupee opened at 74.60, registering a rise of 56 paise over its previous close.


BusinessToday.In
New Delhi, March 27, 2020
RBI Governor Shaktikanta Das Press Meet: Reverse repo rate decreased by 90 basis point to make it unattractive for banks to park money with RBI: RBI Governor


BusinessToday.In
New Delhi, March 27, 2020
Coronavirus Crisis Live Updates: Trump said that US has \"purchased many Ventilators from some wonderful companies. Names and numbers will be announced later today!\"


BusinessToday.In
March 27, 2020
Sensex, Nifty Live News Today: Europen indices have opened in red territory on Friday, following mixed cues from DOW Jones futures that turned red earlier and other global counterparts.


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