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RBI planning policy package to consolidate India as vaccine capital of the world
Banks can lend fresh support to hotels, restaurants, tourism sector under on-tap liquidity scheme of Rs 15,000 crore
CRR restored to pre-pandemic level of 4% on May 22: Governor Das
Focus of RBI turning from systemic liquidity to its equitable distribution
Purchase of GSECS of Rs 40,000 crore to be conducted on June 7th
CPI inflation projected at 5.1% for 2021-22
Vaccination drive expected to gather steam in the coming months, should help normalise economic activity: Das
Impact of second Covid-19 wave on economy activity expected to be relatively contained: Governor Das
Policy support from all sides required to gain momentum of growth, nurture growth: Das
RBI keeps repo rate unchanged at 4%
Reverse repo rate stays unchanged at 3.35%, says RBI Governor Das
Governor Das begins his address
Sensex, Nifty start on positive note ahead of RBI policy outcome
Equity benchmarks Sensex and Nifty opened marginally higher on Friday ahead of theReserveBank’spolicy outcome.
After opening on a flat note, the 30-share BSE index was trading 59.24 points or 0.11 per cent higher at 52,291.67 in initial deals, and the broader NSE Nifty advanced 16.85 points or 0.11 per cent to 15,707.20. (PTI)
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The RBI may even lower its economic growth forecast downward for 2021-22 lower than its earlier estimate of 10.5%.
Onus of recovery on govt, expect over 9.5% GDP growth in FY22, says Axis Bank chief economist
The government will have to do its bit to help for a faster recovery and start spending at the earliest, Axis Bank's chief economist Saugata Bhattacharya said on Thursday, estimating the FY22 GDP growth to come at between 9.5-10 per cent.
RBI likely to maintain status quo on interest rate on June 4
The Reserve Bank of India is expected to leave the key policy repo rate unchanged on Friday, once again turning its gaze on growth supportive measures as the second Covid-19 wave is expected to leave a lot of uncertainties on the economic front.