Reserve Bank of India
Finance
Meeting FY21 fiscal deficit target ‘very challenging': RBI governor
Meeting India’s fiscal deficit target in the current financial year is going to be challenging and the central bank has...
Economy
RBI throws lifeline for mutual funds facing redemption pressure
Days after Franklin Templeton Mutual Fund declared the closure of six debt funds, the central bank has announced liquidity worth...
Finance
Explained: What Franklin Templeton shutting six funds means for MFs, debt markets
The coronavirus pandemic has begun taking its toll on India’s debt markets. In what may be a sign of things ......
Finance
Govt pushes lending, asks banks for daily reports
India’s government has redoubled efforts to push state-run banks to boost lending and it has demanded that lenders submit...
Economy
Locked-down Indian economy in its worst quarter since mid-1990s: Poll
The Indian economy is likely to suffer its worst quarter since the mid-1990s, hit by the ongoing lockdown imposed to ......
Finance
At mercy of banks, cash-tight NBFCs face new turmoil
India’s banks are freezing credit lines to shadow lenders as the coronavirus crisis shuts down commerce in Asia’s...
Finance
RBI unveils steps for NBFCs, microlenders to tackle virus impact
The Reserve Bank of India on Friday unexpectedly cut its key deposit rate for the second time in three weeks ......
Economy
RBI cuts reverse repo rate in bid to spur bank lending
The Reserve Bank of India cut its reverse repo rate by 25 basis points on Friday, in a bid to ......
Markets
Sensex, Nifty surge as bank stocks rally on RBI boost
Indian shares rose in early trading on Friday as heavyweight financial stocks rallied, tracking broader gains in Asia after U.S....
Economy
Retail inflation drops in March as coronavirus hits demand
India’s retail inflation dropped to a four-month low in March, increasing the chances that the RBI will ease interest rates...
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