Latest Breaking News On - Kavita chacko - Page 6 : comparemela.com
Here’s what else the RBI can do as pandemic rages on
SECTIONS
Here’s what else the RBI can do as pandemic rages onBy Anirban Nag and Ronojoy Mazumdar, Bloomberg
Last Updated: May 06, 2021, 02:07 PM IST
Share
Synopsis
As regulator of the banking sector, the RBI can ease loan repayment rules, especially for sectors badly hit by the pandemic’s second wave such as tourism, hospitality, aviation and small-scale industry.
Reuters
RBI’s MPC is likely to maintain its easing bias until rate-setters are sure that a recovery has started.
The Reserve Bank of India’s loan relief and liquidity injection plans unveiled Wednesday raise the question: What comes next as it seeks to ease the pandemic’s hit to Asia’s third-largest economy?
Mumbai
Maharashtra
India
Rahul-bajoria
Kavita-chacko
Michael-patra
Shaktikanta-das
Bloomberg
Government-securities-acquisition-programme
Care-ratings-ltd
Barclays-bank-plc
Monetary-policy-committee
On first trading day of FY22, G-Sec prices rally
April 05, 2021
Gilt securities allow investors to lock in to an interest rate for long-term IStocK designer491
Gilt securities allow investors to lock in to an interest rate for long-term IStocK designer491×
Government security (G-Sec) prices rallied on Monday, the first trading day of the new financial year, on expectations that the monetary policy committee (MPC) will leave the repo rate unchanged at 4 per cent amid uncertainty on economic recovery in the wake of recent spike in Covid-19 cases.
Price of the 10-year benchmark G-Sec (carrying a coupon rate of 5.85 per cent) was up 38 paise to close at ₹98.0225 over the previous close (₹97.64), with its yield declining about five basis points to 6.1231 per cent (6.1768 per cent).
M-govinda-rao
Kavita-chacko
Govinda-rao
Chief-economic-adviser
Brickwork-ratings
Senior-economist
மீ-கோவிந்தா-ராவ்
கவித்த-சாக்கோ
கோவிந்தா-ராவ்
மூத்தவர்-பொருளாதார-நிபுணர்