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Total 926 results found. Search for [ Shaktikanta Das ]

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BusinessToday.In
New Delhi, May 29, 2020
Lockdown that began in last seven days of March is expected to have taken a toll on economic growth; economy is likely to have entered a recessionary phase with some agencies even estimating a contraction of over 5 per cent in FY21


BusinessToday.In
New Delhi, May 28, 2020
India's GDP growth to slow down to 1.5% in Q4, says ICICI Bank reportIndia's GDP growth is expected to slow down to 1.5 per cent in the fourth quarter of the financial year 2019-20 with a \"possible downside bias\", falling sharply from the 4.7 per cent reported in Q3, on account of the spread of the coronavirus and subsequent lockdown, a research by private lender ICICI Bank said on Wednesday.Google faces antitrust case in India over payments appIndia's antitrust body is looking ...


BusinessToday.In
New Delhi, May 27, 2020
The extension of moratorium and deferment of EMIs would give some respite to the borrowers amid coronavirus outbreak, says SBI


PTI
New Delhi, May 24, 2020
The war-room was being manned by just about 120 most critical staff from the RBI, along with 60 key personnel from its 600-people strong workforce of its external vendor and around 70 facility staff


BusinessToday.In
May 23, 2020
P Chidambaram questioned RBI's decision to infuse more liquidity even though economic growth in the financial year 2020-21 is headed towards negative territory


Dipak Mondal
May 22, 2020
CEA Krishnamurthy Subramanian's optimism over recovery of Indian economy in the wake of COVID-19 outbreak stems from the bounce back after Spanish Flu even though the RBI agrees to disagree


BusinessToday.In
New Delhi, May 22, 2020
RBI governor Shaktikanta Das has reduced the repo rate by 40 basis points to 4 per cent - the lowest ever. The repo rate had already hit its lowest at 4.4 per cent in March when the RBI had reduced the rate by 75 basis points. Before this, it had hit the lowest point of 4.75 per cent in April 2009. Further, the central bank has extended the moratorium period on term and credit card loans by another three months until August 31. Watch as Rajeev Dubey, Editor, Business Today, explains the effects of these measures on Indian companies.Coronavirus impact: What the future holds for battered restaurant industry


E Kumar Sharma
New Delhi, May 22, 2020
Even if there is a welcome extension of the moratorium on interest repayment, it has to be repaid as it is a loan and not a grant or an interest free loan


BusinessToday.In
New Delhi, May 22, 2020
Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday announced that the central bank had decided to reduce the repo rate by 40 basis points from 4.4 per cent to 4 per cent. Das said that the RBI had also decided to reduce the reverse repo rate to 3.35 per cent. He said that the decision to cut the repo rate by 40 basis points was taken after a 5:1 vote among the six-member monetary policy committee, adding that the RBI had maintained an accommodative stance and it would keep supporting the economy till required. Watch the video for more.Also Read: Banking stocks top losers post RBI rate cut to support weak economy


Aseem Thapliyal
May 22, 2020
The top four drags on the Nifty 50 were banks or finance companies. The nation's top mortgage lender HDFC Ltd fell 5.1% to Rs 1,515 compared to previous close of Rs 1,597.30


Aseem Thapliyal
May 22, 2020
Extension of moratorium will put pressure on the books of banks and may lead to a series of bad loans for the lenders


Aprajita Sharma
New Delhi, May 22, 2020
The repo rate cut is good news for home loan, car loan or other borrowers who would soon see their EMI burden ease off


Anand Adhikari
May 22, 2020
The government has tried to keep deficit financing at minimum despite demand for higher stimulus from economists, states, opposition parties and global experts


BusinessToday.In
New Delhi, May 22, 2020
In his policy briefing, Das says that on quantum of reduction, MPC voted with a 5-1 majority to reduce policy rate by 40 basis points from 4.4 per cent to 4 per cent


Aprajita Sharma
New Delhi, May 22, 2020
If you are a risk averse investor looking to park your surplus cash in FDs, but disappointed with low interest rates that public sector banks are offering, you must know there are ways to earn decent returns


Anand Adhikari
May 22, 2020
Overall, interest rates have seen a gradual decline in the last six years


BusinessToday.In
New Delhi, May 22, 2020
Mukesh Ambani scores 5th cheque! KKR to invest Rs 11,367 cr into Jio PlatformsReliance Industries on Friday announced that KKR would invest Rs 11,367 crore into Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore. This is KKR's largest investment in Asia and will translate into a 2.32 per cent equity stake in Jio Platforms on a fully diluted basis. KKR is making the investment from its Asia private equity and growth technology funds...


BusinessToday.In
New Delhi, May 22, 2020
Apex bank had earlier extended scheme providing interest subsidy for post and pre-shipment export credit by a year till March 31, 2021; RBI announced a cut in repo rate by 40 bps to 4 per cent


BusinessToday.In
New Delhi, May 22, 2020
The loan moratorium has now been extended till August 31 for 6 months


BusinessToday.In
New Delhi, May 22, 2020
RBI press conference: Governor Shaktikanta Das warned of a highly uncertain inflation outlook and said that the supply shock in April is likely to persist for the next coming months


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