Shaktikanta Das

TNI Bureau: Home loans and other borrowings will get more expensive as the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) today hiked the repo rate by 25 basis points to 6.50 per cent. RBI Governor Shaktikanta Das…

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) hiked the repio rate by 50 basis points (bps) to 5.90 per cent with immediate effect.

According to RBI Governor, Shaktikanta Das, ”Second wave has impaired the economic recovery but it has not snuffed it out.”

TNI Bureau: While announcing a slew of banking measures to fight the situation arisen out of lockdown due to Coronavirus outbreak, RBI Governor Shaktikanta Das has permitted all banks and NBFCs to allow a 3-month moratorium on EMIs on all…