RBI
Loan Moratorium: SC Asks Center To Implement Interest Waiver Scheme Till November 2
In the wake of the outbreak of COVID-19 and the financial setback that may occur to many, the Reserve Bank of India (RBI) announced some relief, in an effort to provide some relief to those struggling with a liquidity crisis, as a moratorium on term loans for three months on March 27, 2020, ends on […]
RBI Keeps Key Lending Rates Unchanged
The Reserve Bank of India (RBI) last Friday kept the key repo rate unchanged at 4% considering rising inflation and weak signs of economic growth amid the gradual lifting of a nationwide lockdown imposed due to the COVID-19 pandemic. The newly-formed Monetary Policy Committee (MPC) of the central bank began its three-day meeting on 7 […]
