Share List TLI Staff New Delhi: With no major push for real estate sector in the Union budget and lower inflation forecast, Reserve Bank of India (RBI) could have avoided the increase in policy repo rate, Gaurs Group CMD Manoj Gaur said on Wednesday reacting to RBI’s monetary policy. “HoweverContinue Reading
Share List TLI Staff Mumbai: With second wave of pandemic taking heavy toll on the economy, RBI has cut its forecast of real GDP growth at 9.5% in FY22 from 10.5% earlier. As per the latest RBI estimate, the real GDP growth is expected to be 18.5% in Q1, 7.9%Continue Reading
Share List TLI Staff New Delhi: India Inc has hailed RBI measures to ease liquidity for small borrowers, on-tap liquidity window for bossing Covid related health infrastructure and restructuring of business loans. Industry body Assocham said that the central bank’s targeted policy response and easy credit promised to the entireContinue Reading
Share List TLI Staff New Delhi: Bracing up for possible economic downturn due to the disruptions caused by deadly Coronavirus, Reserve Bank of India (RBI) has asked banks and financial institutions to assess the risks and their impact on their financial health. “Based on the above studies, they should takeContinue Reading
Share List TLI Staff New Delhi: Within weeks of Modi government giving Rs 1.45 lakh crore tax bonanza to companies, RBI on Friday cut lending rate by another 25 basis points to spur growth and investment. The fifth straight cut in lending rate in the year is expected to makeContinue Reading