The RBI Governor said that this move was important as IMPS plays an important role in instant domestic fund transfers while ensuring consumer convenience at the same time.
As per RBI s new estimate, growth in the first quarter (April-June) of 2021-22 will fall from 26.2 per cent to 18.5 per cent. This is mainly because of lockdowns in various states.
As per RBI s new estimate, growth in the first quarter (April-June) of 2021-22 will fall from 26.2 per cent to 18.5 per cent. This is mainly because of lockdowns in various states.
The Reserve Bank of India has announced some additional liquidity measures to help businesses that have been hit hard during the second wave of the Covid-19 pandemic. The central bank has also expanded the Resolution Framework 2.0. Here is all you need to know.