RBI MPC highlights: 2nd wave has moderated; expect demand to pick up

RBI Monetary policy highlights: Governor Shaktikanta Das announced decisions on key rates after the MPC concluded its three-day meeting today. Stay tuned for all the LIVE updates

10:34 AM

Special liquidity facility of Rs 16,000 crore to Sidbi to support MSMEs extended: RBI guv

Rs 1.20 trillion worth of government securities to be purchased in the second quarter: Das

 

10:31 AM

RBI Monetary policy LIVE updates: CPI inflation

MPC now sees CPI inflation at 5.1% in 2021-22; 5.2% in Q1, 5.4% in Q2, 4.7% in Q3 and 5.3% in Q4

10:30 AM

Coverage of Covid 2.0 recast scheme from Rs 25 crore to Rs 50 crore to cover more MSMEs and small businesses

Resolution Framework 2.0: Coverage of Covid 2.0 recast scheme from Rs 25 crore to Rs 50 crore to cover more MSMEs and small businesses

10:29 AM

Rebound in global demand is taking hold, which should strengthen India's export sector: Das

Rebound in global demand is taking hold, which should strengthen India's export sector, says RBI governor Shaktikanta Das

10:28 AM

RBI Monetary policy LIVE updates: RBI on measures to support economy

- Futures flows necessitated RBI to intervene with buys, sells in spot & forward market

 

- RBI to use all instruments at its command to support economy

 

- Important to build adequate provisioning & capital buffers

10:26 AM

RBI Monetary policy LIVE updates: Governor announces additional measures

On-tap liquidity window of Rs 15,000 cr being opened till May 31, 2022.

Fresh lending support to restaurants, tour operators, conference organisers, spas, beauty parlours, etc. Banks to provide loans at a rate 25 basis points lower that RBI's repo rate.

10:24 AM

Forex reserves have already exceeded $600 bn, says RBI governor Shaktikanta Das

Forex reserves have already exceeded $600 bn. That gives us the confidence to deal with global spillovers, whenever that should happen: Das 

10:24 AM

RBI Monetary policy LIVE: RBI will purchase Rs 40,000 crore worth of securities under G-SAP 2.0 on June 17

RBI Monetary policy LIVE: RBI will purchase Rs 40,000 crore worth of securities under G-SAP 2.0 on June 17

10:20 AM

RBI Monetary policy LIVE updates: G-SAP 2.0 announced

G-SAP operations and some instances of cancellations have conveyed RBI’s views to the market: Das

 

10:19 AM

CPI-based inflation is seen at 5.1% FY21-22: Governor Shaktikanta Das

CPI-based inflation is seen at 5.1% FY21-22: Governor Shaktikanta Das

 

10:19 AM

RBI Monetary policy LIVE updates: Monsoon expected to expedite economic recovery

RBI Monetary policy LIVE updates: Monsoon expected to expedite economic recovery

10:18 AM

RBI Monetary policy LIVE updates: KEY HIGHLIGHTS

10:17 AM

RBI Monetary policy LIVE updates: Weak demand, high crude oil rates exerting price pressures

Weak demand, high crude oil rates exerting price pressures, says Shaktikanta Das

10:13 AM

RBI Monetary policy LIVE updates: Businesses and individuals are adjusting to the new pandemic situation

Businesses and individuals are adjusting to the new pandemic situation, says Das

10:13 AM

Mobility indicators declined in May 2021 but they remain higher than last year: RBI

India's economy is expected to be buoyed by the multiple stimulus packages and acceleration in Covid vaccination