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Muthoot Finance Q1 profit rises 14% to Rs 979 cr; loan AUMs jump 25%

Muthoot Finance Q1 profit rises 14% to Rs 979 cr; loan AUMs jump 25%
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Muthoot Finance posts 16% rise in Q1 net profit at Rs 971 cr

Muthoot Finance posts 16% rise in Q1 net profit at Rs 971 cr
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RBI keeps policy rate unchanged for 6th time in a row: Here is how Industry leaders reacted

This is the sixth time in a row that the Monetary Policy Committee (MPC) headed by RBI Governor Shaktikanta Das has maintained status quo. RBI had last revised its policy rate on May 22, 2020, in an off-policy cycle to perk up demand by cutting interest rate to a historic low.

RBI s liquidity, growth supporting measures crucial for recovery from 2nd COVID wave: Experts

RBI s liquidity, growth supporting measures crucial for recovery from 2nd COVID wave: Experts SECTIONS Last Updated: Jun 04, 2021, 05:27 PM IST Share Synopsis Financial intelligence company Moody s Analytics said with COVID-induced restrictions likely to be eased only gradually, the sharp slowdown in domestic demand is set to weaken revival beyond the June quarter. RBI in its monetary policy on Friday kept interest rates unchanged at record lows and committed to maintaining an accommodative policy stance to support growth. The measures announced by RBI to maintain liquidity and support economic growth through lower interest rates will be crucial for recovery from the second wave of the COVID-19 pandemic, experts said on Friday. The RBI in its monetary policy on Friday kept interest rates unchanged at record lows and committed to maintaining an accommodative policy stance to support growth.

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