Thursday, June 24, 2021

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RBI

RBI drafts a COVID fight plan, including term liquidity facility and support to small firms and borrowers amid second coronavirus outbreak

RBI governor Shaktikanta Das today announced a slew of measures to ameliorate the strain on economy due to the resurgent COVID-19 outbreak

While holidaying in Italy, Rahul Gandhi decides to create chaos in India by spreading fake news about loan write-offs: Details

Rahul Gandhi does not understand the difference between a loan 'write-off' and a loan 'waiver'

Central Government appoints Expert Committee to make an overall assessment in relation to waiver of interest on loans

The Expert Committee will be looking into matters including waiver of interest and waiver of interest on interest.

Former RBI governor Urjit Patel blames UPA govt for banking mess, says RBI too fell short on several counts

The former RBI governor Urjit Patel in his yet-to-be-released book writes that several government banks did not have senior management in place, and governance suffered.

Union government brings cooperative banks under RBI control through an ordinance

The cabinet on Wednesday passed an ordinance to extend the Reserve Bank of India's supervision over the cooperative banks

RBI spent more on the transportation of Raghuram Rajan’s belongings between Chicago to Mumbai than in his salary: Report

An additional ₹13,474 was spent on fitting an air conditioner in the bathroom of former RBI Governor Raghuram Rajan, the RTI has revealed.

RBI cuts interest rates, extends loan moratorium for three more months as it expects negative growth rate in FY21: Here are details

RBI Governor announced various measures, like extending loan moratorium to cutting down interest rates to boost the economy that has slowed down due to the ongoing coronavirus-induced lock

Patanjali paid the dues of Ruchi Soya after acquiring it, Congress party falsely accuses RBI of writing off the loan of ‘rich capitalist’

Ruchi Soya was listed as defaulter as on 20 September 30, Patanjali had acquired it in December and paid all the loans

Bollywood entertainer Richa Chadha wants RBI to ‘write off’ everyone’s EMI. Here is why it is not possible, ever

The Reserve Bank of India doesn't write off loans. It is the banks that write off the loans that are granted by them. And write off does not mean waive off.

Banks allowed to defer EMIs by 3 months, cut in repo rate, liquidity injection of Rs 3.74 lakh crores: Highlights of the RBI Governor’s...

The most important notification put out by the RBI on Friday was that a three-month moratorium has been announced on payment of instalments of loans outstanding on March 1, 2020.

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