In a bid to support revival of sectors hit most by the COVID-19 pandemic, RBI on Friday decided to open a separate liquidity window of Rs 15,000 crore for certain contact-intensive sectors like hotels and restaurants, tourism and aviation ancillary services. RBI also announced that the NACH system will be available on all days, including Sundays and bank holidays, effective from August 1, 2021. This means that come August 1, your salary credit into your bank account, auto-debits related to mutual fund SIPs, home/car/personal loans EMI payments, bill payments etc. will take place even on bank holidays.
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RBI monetary policy: Key measures announced for Covid-battered hospitality sector.
In a bid to support revival of sectors hit most by the COVID-19 pandemic, RBI on Friday decided to open a separate liquidity window of Rs 15,000 crore for certain contact-intensive sectors like hotels and restaurants, tourism and aviation ancillary services. RBI also announced that the NACH system will be available on all days, including Sundays and bank holidays, effective from August 1, 2021. This means that come August 1, your salary credit into your bank account, auto-debits related to mutual fund SIPs, home/car/personal loans EMI payments, bill payments etc. will take place even on bank holidays.
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RBI monetary policy: Key measures announced for Covid-battered hospitality sector
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RBI Monetary Policy: RBI ने पॉलिसी दरों में नहीं किया कोई बदलाव, 4 फीसदी ही रहेगा रेपो रेट
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RBI Monetary Policy: RBI ने पॉलिसी दरों में नहीं किया कोई बदलाव, 4 फीसदी ही रहेगा रेपो रेट
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RBI ने किया मौद्रिक नीति का ऐलान
ब्याज दरों में बदलाव नहीं: RBI
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The RBI's Monetary Policy Committee is likely to change its policy stance to neutral in its meeting this week on low inflation footprint but would refrain from cutting interest rates due to fiscal challenges and rising crude oil prices, experts said. The bimonthly meeting of the MPC is scheduled from February 5 to 7.
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While announcing the observations and decisions of the Monetary Policy Committee's meet for December 2019, Governor Shaktikanta Das announced the unanimous decision to abstain from any more rate cuts till February. There have been many insightful observations on global financial situation and Indian economy. Watch!
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RBI Monetary Policy: ब्याज दरों में बदलाव नहीं
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