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Money Market Operations as on May 09, 2021

May 10, 2021

Money Market Operations as on May 09, 2021 (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 0.00 - - I. Call Money 0.00 - - II. Triparty Repo 0.00 - -…

Total vehicle registrations in India slips 30%; lowest in 8 years amid Covid, lockdowns: FADA

May 10, 2021

New Delhi, May 10: The total vehicle registrations in India fell by 29.85 per cent to 1,52,71,519 units in financial year 2020-21, the lowest in the last eight years, the Federation of Automobile Dealers Associations (FADA) said on Monday.…

Business

Money Market Operations as on May 07, 2021

May 10, 2021

Money Market Operations as on May 07, 2021 (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight…

Business

Big relief to jewellers of India on mandatory hallmarking

May 10, 2021

The Nagpur Bench of Bombay High Court passed an interim order on 7th May 2021 to stop BIS (Bureau of Indian Standards) from taking any coercive action on jewellers who may not comply with BIS regulations due to the lack of infrastructure in…

Business

Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – Millath…

May 8, 2021

The Reserve Bank of India issued All Inclusive Directions to Millath Co-operative Bank Limited, Davangere, Karnataka under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive DCBS.CO.BSD III.D-12…

Business

Special Long-Term Repo Operations (SLTRO) for Small Finance Banks (SFBs)

May 8, 2021

Small finance banks (SFBs) have been playing a prominent role by acting as a conduit for last mile supply of credit to individuals and small businesses. As announced on May 05, 2021, in the Statement by Shaktikanta Das, Governor, Reserve…

Business

Money Market Operations as on May 05, 2021

May 6, 2021

Money Market Operations as on May 05, 2021 (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight…

Business

Relaxation in OD facility for States Governments/UTs

May 6, 2021

As announced by the Governor in his Statement dated May 5, 2021, RBI has eased the terms governing availment of the overdraft facility extended to State Governments/UTs, to enable them to better manage their fiscal situation in terms of…

Business

Pandemic creates incipient signs of economic slowdown: PHD Chamber

May 6, 2021

Though broad based economic recovery remained intact amid pandemic in the month of April 2021 and Economy GPS went up to all time high at 127.2 at a base year of 2018-19 equal to 100, the re-emergence of pandemic situation with partial…

Business

PHDCC lauds measures by RBI to provide liquidity, bring down cost of capital and mitigate impact of…

May 6, 2021

The calibrated, sequenced and well–timed measures announced by RBI are highly encouraging as these measures will provide liquidity, bring down cost of capital and mitigate the daunting impact of second wave of pandemic COVID-19, said Sanjay…

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