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RBI Monetary Policy Highlights: RBI plans liquidity bonanza with Rs 1.2 lakh cr GSAP 2.0; keeps repo rate unchanged

The Monetary Policy Committee has kept policy rates unchanged once again at its bi-monthly review. The Repo rate has been maintained at 4% while the reverse repo rate is at 3.35%. Policy stance has been maintained at accommodative by the central bank in an effort to maintain liquidity in the system as the country continues to recover from the covid..

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Organisations extend their helping hands to employees and their family to fight Covid-19 surge

The outbreak of Covid-19 in the country and the fear of contracting the virus have pushed organisations to ensure the safety and wellbeing of the employees and their dependents. Shilpa Vaid, HR - Head, Cloudtail India and Prione Group, mentioned the launch of additional financial assistance to the employees in the form of advance salary. “Duri..

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Builders seek support from RBI to deal with 2nd wave of COVID

New Delhi, May 5 (PTI) Realtors apex bodies CREDAI and Naredco have demanded that the RBI should consider allowing loan restructuring, interest moratorium, and additional liquidity support for the real estate sector.

They welcomed the various steps taken by the RBI on Wednesday such as allowing certain individual and small borrowers more time t..

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Investors Clinic extends support amid Covid crisis

The company has set up a dedicated team of 25 employees to take the initiatives ahead, said a company statement.The team has been able to help more than 350 people, so far, with oxygen supply, medicine, food supplies, plasma donors, and concentrators. The company has bought 10 concentrators and is helping people wherever needed...

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RBI Monetary Policy: Reactions from Industry Experts

The Reserve Bank of India (RBI) maintained yet another 'status quo' in its policy repo rate at 4%. The central bank has presented the outcome of the second bi-monthly monetary policy of India for FY22. This would be the sixth consecutive time where RBI kept the benchmark interest rate unchanged...

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