In the quarter ending in June, the economy grew 20.1% despite fresh lockdown and captures the second wave of the...
This amendment is expected to provide relief to those who have their deposits held up in banks under a moratorium
The 300 bps cut comes on the back of a brutal second wave of COVID-19 from March - May and an expected slow recovery
According to RBI, GDP growth for financial year 2021 could be as low at 0.6%, under a severe stress scenario
The estimates have been bumped up 2.9 percentage points since January, indicating policy support against the 2nd wave.
The address by Shaktikanta Das spells out RBI's decisions accounting for the second wave of the COVID-19 pandemic.
This latest directive from the RBI followed after several banks referenced its 2018 circular to caution customers...
The Q4 numbers reflect the recovery phase of post the first wave of the pandemic, bringing an overall contraction of...
The RBI Governor did not say that vaccines will be available for all in 2022; but was quoting an estimate of the IMF
No immediate service disruptions expected as it will continue to serve all its existing customers
India will grow 12.5% in FY22 after contracting by 8% in FY21, even though the pandemic is yet to subside, says IMF.
Noting that many stakeholders are yet to migrate to a AFA framework, the RBI has now extended this deadline to Sept 30