#ExpressFrontPage | RBI Governor Shaktikanta Das Tuesday slashed the policy rate, flushed the financial system with liquidity using multiple instruments, and used conventional as well as unconventional tools to support the economy.
Governor Shaktikanta Das'>Reserve Bank Governor Shaktikanta Das on Friday said about Rs 3.74 lakh crore liquidity on aggregate basis will be infused into the financial system to deal with the COVID-19 pandemic.
Though Governor Shaktikanta Das'>Reserve Bank Governor Shaktikanta Das unveiled a slew of measures, the markets were not enthused. The growth projection of 4.7 per cent for the fourth quarter of FY20 and 5 per cent for the whole fiscal was at risk, Das said.
Indian banking system is safe and sound. In recent past #COVID19 related volatility in stock market has impacted share prices of banks as well resulting in some panic withdrawal of deposits from a few private sector banks: RBI Governor Shaktikanta Das
It has been decided to reduce the Cash Reserve Ratio (CRR) of all banks by 100 basis points to 3% of Net Demand and Time Liabilities with effect from the fortnight beginning March 28 for a period of 1 year: RBI Governor Shaktikanta Das
Repo rate reduced by 75 basis points to 4.4.%. Reverse repo-rate reduced by 90 basis points to 4%: RBI Governor Shaktikanta Das
Reserve Bank of India (RBI) Governor Shaktikanta Das in Mumbai: The 30 days which we have given is the outer limit, you will see very swift action from the RBI to put in place a scheme to revive #YesBank .
Reserve Bank of India (RBI) Governor, Shaktikanta Das today launched a mobile application MANI (Mobile Aided Note Identifier) to aid visually challenged persons in identifying denomination of currency notes. The app can be freely downloaded from Android Play Store&iOS App Store.
BJP MP Subramanian Swamy: Shaktikanta Das being appointed as RBI Governor is wrong, he has worked closely in corrupt activities with P Chidambaram and even tried to save him in court cases. I don't know why this was done, I have written a letter to PM against this decision.