So far, at least Maruti Suzuki, Hyundai and Mercedes Benz have launched such schemes, according to press releases over the past week
02 Jun 2020 4:16 PM
Kumar also advised borrowers to pay their loans if they are not facing any funding challenge
23 May 2020 9:19 AM
RBI Governor Shaktikanta Das extended the moratorium period by another three months from June 1 to August 31 due to lockdown extension
22 May 2020 11:13 AM
The small decline in orders in March is likely to give way to a collapse in investment across this quarter
20 May 2020 12:47 PM
In March, RBI had allowed a three-month moratorium on payment of all term loans due between 1 March, 2020 and 31 May, 2020
18 May 2020 2:46 PM
RBI allowed banks and financial institutions to offer a moratorium of three months on payment of instalments of all term loans
05 May 2020 2:18 PM
The only workable solution for the current financial crisis is a sovereign guarantee to all loans
18 Apr 2020 4:47 AM
In order to minimise risks arising due covid-19 outbreak, trading hours for various RBI regulated markets were amended
16 Apr 2020 4:54 PM
When there is a risk of demand dying, the government must put the economy on a ventilator
11 Apr 2020 4:44 PM
The central bank also reduced the cash reserve ratio of all banks by 100 basis points to 3 per cent with effect from March 28 for 1 year
27 Mar 2020 11:46 AM
The agency is probing money-laundering and lending practices that pushed the bank to the edge
08 Mar 2020 9:27 AM
In April 2018, RBI gave entities it regulated 3 months to snap all banking relationships with individuals dealing in virtual currency.
04 Mar 2020 11:41 AM
His comments come against the backdrop of concerns over growth of the economy, which has registered a spike in inflation
15 Feb 2020 2:14 PM
At present, National Payments Corporation of India (NPCI) is an umbrella organisation for retail payments systems.
11 Feb 2020 11:15 AM
There will be no restriction on the maximum amount of bidding by individual bidders.
08 Feb 2020 12:38 PM
The budget allowed the Deposit Insurance and Credit Guarantee Corporation to raise deposit insurance coverage to Rs 5 lakh from Rs 1 lakh.
07 Feb 2020 11:11 AM
Next meeting of the MPC scheduled during March 31, April 1 and 3, 2020.
06 Feb 2020 1:04 PM
The governor said the continuity in policy from last pause should not be read as a pointer to future actions.
06 Feb 2020 12:50 PM
RBI further said that the actual inflation outcome for Q2 at 5.8 per cent overshot projections by 70 bps.
06 Feb 2020 12:36 PM
The survey, tabled in Parliament last month, estimated the GDP growth during FY21 at 6-6.5 per cent.
06 Feb 2020 12:32 PM