Tag: RBI

adminMay 25, 2021
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6min00
By Anjana Das, New Delhi : With an eye on the upcoming Lok Sabha elections, the government may consider raising interest rates applicable to select small savings schemes popular among the economically weaker sections (EWS) and farmers in rural and semi-urban areas of the country. Sources said the Finance Ministry is currently evaluating the small […]

adminMay 25, 2021
NSE.jpg

2min00
Mumbai : Expectations of rate cut in the Reserve Bank of India (RBI)’s bi-monthly monetary policy outcome due on Thursday, along with some healthy quarterly results, lifted the key equity indices on Wednesday. Besides, healthy foreign fund inflows also aided the upward movement of market. Sector-wise, auto, IT and metal stocks led the gains on […]

adminMay 25, 2021
RBI.jpg

5min00
Mumbai : The Reserve Bank of India is widely expected to keep its key lending rate for commercial banks unchanged at 6.5 per cent for the third time in succession when it makes the fiscal’s final bimonthly monetary policy review announcement on Thursday, but could change its stance from ‘calibrated tightening’ to ‘neutral’. The RBI’s […]

adminMay 25, 2021
RBI.jpg

7min00
By Biswajit Choudhury, New Delhi : The year leading up to the 2019 general elections was defined by a slowdown in investment, slackening growth, falling GST revenues, the biggest bank fraud and a credit crunch that provoked the most significant crisis in government-RBI relations. It was topped up by the abrupt resignation of Urjit Patel […]

adminMay 25, 2021
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4min00
Mumbai : Admitting to differences with Urjit Patel, who quit as RBI Governor, Finance Minister Arun Jaitley on Thursday said the government is the sovereign body for managing the economy and RBI Governors have exited if differences were not settled. “If you look at the history of the RBI, you had several incidents in the […]


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