Delhi CM signs MoU with RBI for loans, market borrowings for infra projects
New Delhi, Jan 5 (IANS) Chief Minister Rekha Gupta on Monday signed an MoU with the Reserve Bank of India, enabling the Central Bank to function as the banker, debt manager and financial agent of the government of the NCT of Delhi, facilitating easy market borrowings through State Development Loans for infra projects. The MoU […]
Morgan Stanley expects RBI to inject more liquidity, go for 2nd rate cut in April
New Delhi, Feb 7 (IANS) Morgan Stanley on Friday said that it expects the RBI to take some additional liquidity measures before end-March and another cut of 25 basis points cut in the repo rate in April after the central bank reduced the policy rate by 25 basis points to 6.25 per cent while it […]
RBI rate cut to boost demand across sectors, be positive for India’s economic growth: ASSOCHAM
New Delhi, Feb 7 (IANS) The reduction in the policy interest rates by the Reserve Bank of India (RBI) is a catalyst for boosting demand across different sectors of the economy, a top industry body said on Friday. In a bid to provide flexibility to respond to the macroeconomic environment, RBI Governor Sanjay Malhotra announced […]
RBI allows Asirvad, DMI Finance to resume lending operations
Mumbai, Jan 8 (IANS) The Reserve Bank has lifted its ban on the ‘sanction and disbursal of loans’ by Asirvad Micro Finance and DMI Finance Pvt Ltd, in a big relief to the two microfinance companies, according to an RBI circular issued on Wednesday. The RBI had in October, 2024, taken action against four NBFCs […]
