Reserve Bank of India (RBI)
AA edit: A hands-off government
In its second intervention in the last 10 days, the RBI has announced special lending of up to Rs 50,000 crores to ease liquidity pressure
RBI unveils Rs 50,000 cr credit line for mutual funds
RBI also stressed it remains vigilant and will take whatever steps are necessary to mitigate the economic impact of Covid-19
Retail inflation growth drops to a four-month low in March
Annual retail inflation eased to 5.91% in March, down from 6.58% the previous month
RBI announces more measures to deal with economic fallout of covid19
It also increased ways and means advances limit by 30 per cent from existing limit for all states and union territories
RBI likely to cut interest rates by 100 bps in FY21: Fitch Solutions
Fitch Solutions said consumer price inflation returning back to the RBI's 2-4 per cent target range will permit further monetary easing
Mega merger of state-run banks comes into force from April 1: RBI
The government on March 4 had notified the amalgamation schemes for 10 state owned banks into four as part of its consolidation plan
RBI reduces repo rate by 75 bps to 4.4%
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
RBI prepones second tranche of g-sec buying to March 26
RBI has decided to advance second tranche of purchase of government securities under open market operations for Rs 15,000 crore to March 26
Yes Bank won't be merged with SBI: Prashant Kumar
The RBI has taken control of Yes Bank, after the lender failed to raise the capital it needs to stay above mandated regulatory requirements
India's retail inflation remains above RBI target band
Poll finds out that inflation likely fell to a three-month low in February