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RBI Rate Decision, Loan Restructuring Mostly On Expected Lines: Experts
Reuters | Thursday August 06, 2020RBI unexpectedly kept interest rates on hold on Thursday, amid a recent rise in retail consumer prices. -
Living With The Pandemic Has Improved The Way We Manage It: Shaktikanta Das
Edited by Peter Noronha | Thursday August 06, 2020Drawing from Mahatma Gandhi's inspirational words, "If our resolve is firm and our conviction clear, it would mean half the battle won....", Shaktikanta Das reiterated that he continued to be an eternal optimist. -
RBI Extends Provisions For Restructuring MSME Loans Till March
Edited by Abhik Deb | Thursday August 06, 2020The restructuring provision will be available only to MSMEs that were in default but were 'standard' in March, this year -
Sensex Surges Over 500 Points After RBI Keeps Repo Rate Unchanged
Abhishek Vasudev | Thursday August 06, 2020Gold loan providers surged after the RBI decided to increase the permissible loan to value ratio (LTV) for gold loans to 90 per cent from 75% earlier. -
RBI Monetary Policy Meeting: Full Text Of Governor Shaktikanta Das's Speech
Abhik | Thursday August 06, 2020RBIkept the repo rate unchanged at two-decade low of 4 per cent -
RBI Leaves Key Rates Unchanged Amid High Inflation: 10 Things To Know
Edited by Sandeep Singh (with inputs from agencies) | Thursday August 06, 2020The Reserve Bank of India on Thursday left the repo rate and other key policy rates unchanged at existing levels taking stock of a recent rise in consumer inflation, and said it would ensure retail prices are contained within its medium-term target going forward. Governor Shaktikanta Das said the RBI's Monetary Policy Committee unanimously decided to keep the key rates unchanged and maintain an "accommodative" stance for "as long as necessary to revive growth and mitigate the impact of COVID-19, while ensuring that inflation remains within the target going forward". -
Rate-Sensitive Banking, Auto Stocks Slip Marginally After RBI Policy
Edited by Peter Noronha | Thursday August 06, 2020The Reserve Bank of India left the repo rate unchanged at the existing 4 per cent and maintained its "accommodative" stance on policy, on Thursday -
RBI Keeps Key Lending Rate Unchanged Amid Rising Inflation
Edited By Abhishek Vasudev | Thursday August 06, 2020The Reserve Bank of India's Monetary Policy Committee led by Governor Shaktikanta Das on Thursday kept the repo rate unchanged at two-decade low. -
India Needs To Look Beyond What Rating Agencies Think: Former RBI Governor
Reuters | Thursday August 06, 2020Former RBI governor Raghuram Rajan overly focusing on what sovereign rating agencies think can take one's eyes off what needs to be done -
US Sends First Shipment Of Crude To Saudi Arabia In Over A Decade
Reuters | Thursday August 06, 2020The United States shipped about 550,000 barrels of crude to Saudi Arabia in June, according to data -
Shaktikanta Das-Led RBI Leaves Repo Rate Unchanged: Highlights
Edited by Sandeep Singh (with inputs from agencies) | Thursday August 06, 2020RBI Monetary Policy: The Reserve Bank of India's recent policies have focused on financial stability and the need to support growth despite the price target. -
Rate-Sensitive Stocks Trade Mixed Ahead Of RBI Policy
Edited by Peter Noronha | Thursday August 06, 2020RBI Policy: The Reserve Bank of India's (RBI's) six-member Monetary Policy Committee (MPC), headed by the RBI Governor, had its 24th meeting and its last before the expiry of its ongoing four-year term. -
World's Hottest Stock, Up By 880%, Is A Money-Losing Tech Giant
Yoolim Lee, Bloomberg | Thursday August 06, 2020Swelling optimism that loss-making Sea may one day become both the Tencent and Alibaba of Southeast Asia has boosted its New York-listed shares by more than 880 per cent in the past 18 months. -
Chinese Vaccine Maker Has World's Fastest Growing Fortune
Venus Feng, Bloomberg | Thursday August 06, 2020Chongqing Zhifei Biological Products Co. shares have surged 80 per cent since the vaccine maker disclosed at the end of June that China's drug regulator approved clinical human testing of a Covid-19 vaccine. -
Sensex, Nifty Rise Ahead Of RBI Policy Statement
Edited by Sandeep Singh | Thursday August 06, 2020Analysts awaited the outcome of a three-day meeting of the Reserve Bank of India's six-member Monetary Policy Committee amid hopes of another rate cut.
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