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RBI throws lifeline for mutual funds facing redemption pressure

Economy

27 April, 2020

RBI throws lifeline for mutual funds facing redemption pressure

Days after Franklin Templeton Mutual Fund declared the closure of six debt funds, the central bank has announced liquidity worth ......

Explained: What Franklin Templeton shutting six funds means for MFs, debt markets

Finance

24 April, 2020

Explained: What Franklin Templeton shutting six funds means for MFs, debt markets

The coronavirus pandemic has begun taking its toll on India’s debt markets. In what may be a sign of things ......

Govt pushes lending, asks banks for daily reports

Finance

23 April, 2020

Govt pushes lending, asks banks for daily reports

India’s government has redoubled efforts to push state-run banks to boost lending and it has demanded that lenders submit a ......

Locked-down Indian economy in its worst quarter since mid-1990s: Poll

Economy

23 April, 2020

Locked-down Indian economy in its worst quarter since mid-1990s: Poll

The Indian economy is likely to suffer its worst quarter since the mid-1990s, hit by the ongoing lockdown imposed to ......

At mercy of banks, cash-tight NBFCs face new turmoil

Finance

20 April, 2020

At mercy of banks, cash-tight NBFCs face new turmoil

India’s banks are freezing credit lines to shadow lenders as the coronavirus crisis shuts down commerce in Asia’s third-largest economy, ......

RBI unveils steps for NBFCs, microlenders to tackle virus impact

Finance

17 April, 2020

RBI unveils steps for NBFCs, microlenders to tackle virus impact

The Reserve Bank of India on Friday unexpectedly cut its key deposit rate for the second time in three weeks ......

RBI cuts reverse repo rate in bid to spur bank lending

Economy

17 April, 2020

RBI cuts reverse repo rate in bid to spur bank lending

The Reserve Bank of India unexpectedly cut its key deposit rate for the second time in three weeks on Friday ......

Sensex, Nifty surge as bank stocks rally on RBI boost

Markets

17 April, 2020

Sensex, Nifty surge as bank stocks rally on RBI boost

Indian shares closed over 3% higher on Friday as bank stocks rallied after the country's central bank cut a key ......

Retail inflation drops in March as coronavirus hits demand

Economy

13 April, 2020

Retail inflation drops in March as coronavirus hits demand

India’s retail inflation dropped to a four-month low in March, increasing the chances that the RBI will ease interest rates ......

Factbox: The global economic policy response to coronavirus crisis

Economy

09 April, 2020

Factbox: The global economic policy response to coronavirus crisis

Governments and central banks around the world have unleashed unprecedented fiscal and monetary stimulus and other support for economies floored ......