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BusinessToday.In
May 6, 2021
RBI Governor Shaktikanta Das announced had a Rs 50,000 lending programme to ramp up COVID-19-related healthcare infrastructure amid massive second wave ravaging India


BusinessToday.In
May 6, 2021
The macro impact of the scheme can be gauged from the fact that Rs 50,000 crore is roughly 9% of India's total health expenditure of Rs 6 lakh crore under private final consumption expenditure in 2019-20, according to SBI Ecowrap


BusinessToday.In
May 5, 2021
The extent of respective shareholding to be divested by the Government of India and LIC shall be decided at the time of structuring of transaction in consultation with RBI.


Aseem Thapliyal
May 5, 2021
The share rose 14.44% to Rs 1,209.95 against previous close of Rs 1,057.25 on BSE


BusinessToday.In
May 5, 2021
The announcement comes as a major relief to account holders as many banks were asking customers to visit their branch to update KYC amidst the second wave of pandemic.


PTI
May 5, 2021
Shaktikanta Das said the quarantine facilities of the RBI continue to operate with over 250 RBI personnel and service providers to ensure continuity of various segments of financial markets and RBI operations


Joe C Mathew
May 5, 2021
The Consortium of Indian Associations (CIA), a group of over 30 trade bodies and regional small and medium scale industry associations expressed disappointment over RBI's decision to not waive off or reduce the 'interest' component of loans


Manoj Sharma
May 5, 2021
Resurgence of COVID-19 in India in recent weeks and associated containment measures adopted at local levels have created new uncertainties and impacted nascent economic revival that was taking shape, says Das


BusinessToday.In
May 5, 2021
Das had announced on April 7 the RBI will put in place what is termed as a \"secondary market G-sec acquisition programme\" or G-SAP 1.0 for 2021-22.First purchase of Rs 25,000 crore in April received an enthusiastic response from market


Anwesha Madhukalya
May 5, 2021
The governor announced that in an attempt to ramp up COVID-related healthcare infrastructure, on-tap liquidity window of Rs 50,000 crore with up to 3-year tenor at repo rate has been opened up till March 31, 2022


Reuters
May 5, 2021
The Nikkei/IHS Markit Services Purchasing Managers' Index fell to 54.0 last month from 54.6 in March, its lowest since January


BusinessToday.In
May 5, 2021
Buoyed by the announcement, the BSE healthcare index rose 325 points to 23,650.  The index had closed at 23,325 in the previous session


Anwesha Madhukalya
May 5, 2021
The RBI will ramp up COVID-related healthcare infrastructure by opening an on-tap liquidity window of Rs 50,000 crore with up to three-year tenor at repo rate till March 31, 2022


BusinessToday.In
May 5, 2021
Das says the RBI will continue to monitor the emerging COVID-19 situation and will deploy all resources and instruments at its command especially for the citizens, business entities, and institutions beleaguered by the second wave


BusinessToday.In
May 5, 2021
RBI Governor's speech comes at a time when India is ravaged by the second coronavirus wave. RBI could likely announce measures to offset economic impact of Covid-19 wave


Shubham Verma
May 4, 2021
Google is only complying with the mandate that the Reserve Bank of India issued earlier this year.


BusinessToday.In
May 3, 2021
The central bank said the action against the private lender was in exercise of powers vested in RBI under the provisions of section 47 A (1) (c) read with section 46 (4) (i) of the Banking Regulation Act, 1949


BusinessToday.In
May 3, 2021
Sankar took over as the Deputy Governor of the central bank today for a period of three years or until further orders, whichever is earlier.


BusinessToday.In
May 3, 2021
Das advised the NBFCs and MFIs to pay focussed attention to strict adherence to fair practices code, improve customer grievance redress mechanism and strengthen their IT systems


PTI
May 2, 2021
The RBI uses the RBS model, including both qualitative and quantitative elements, to supervise banks, urban cooperative banks, non-banking financial companies, and all India financial institutions


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