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India's coronavirus tally: 724 cases, 17 deaths, 66 cured

The Reserve Bank of India on Friday announced its steepest interest rate cut in more than 11 years in a bid to counter the economic fallout of the COVID-19 pandemic, as the government stepped up......

MHA issues fresh guidelines on lockdown exemption

The home ministry on Wednesday issued fresh guidelines covering additional people and services who will be exempted from the 21-day lockdown announced by Prime Minister Narendra Modi. IMAGE: A man......

Sonia pitches for relief package amid COVID outbreak

Congress president Sonia Gandhi urged people on Saturday not to panic in view of the coronavirus outbreak and said the country will not bow down to this painful crisis. She suggested a host of......

Concern over Lord Jagannath's Rs 545 cr in Yes Bank

Devotees of Lord Jagannath and priests at the centuries-old temple in Puri are worried following Reserve Bank of India restrictions on Yes Bank where Rs 545 crore is deposited in the......

Yes Bank crisis: Rahul slams PM for destroying economy

"No Yes Bank," Congress leader Rahul Gandhi said on Friday, taking a dig at the Bharatiya Janata Party-led government over the moratorium placed on Yes Bank, and alleged that Prime Minister......

Rs 1 trillion relief for corporate bonds, courtesy RBI

The RBI on Friday said it will give banks Rs 1 trillion through targeted long-term repo operations (TLTROs), of up to three-year maturity, to deploy in “investment-grade corporate bonds,......

RBI loan moratorium: 'Which bank will refuse?'

Is the three-month loan moratorium good news, even if temporary, for borrowers who will be financially stressed in the times to come?Prasanna D Zore/Rediff.com finds out. How will the RBI......

'RBI need to cut by 100 bps in one shot'

'Rate cut should reiterate RBI's commitment in providing confidence to consumers and small business.' IMAGE: Reserve Bank of India Governor Shaktikanta Das, centre, with the RBI deputy governors.......

Fiscal stimulus is not the need of the hour

What might be useful is targeted assistance to those sectors and individuals that are disproportionately affected, suggests Mihir S Sharma. IMAGE: An Indian citizen feeds his newborn baby as they......

Highlights of RBI's monetary policy announcements

Following are the highlights of the seventh bi-monthly monetary policy statement for 2019-20 by the RBI amid the covid-19 pandemic: Monetary Policy Committee (MPC) advances meeting......

'Kohli never crosses line between aggression and misbehaviour'

'There is a thin line between aggression and battamizi (misbehaviour). He never crosses that line' IMAGE: Captains Virat Kohli and Kane Williamson embrace at the conclusion of the first......

'You need to be really courageous while bowling to Kohli'

'Virat is a batsman you need to constantly attack or else he puts the pressure back on you.' IMAGE: India captain Virat Kohli has, in the past, been dismissed a number of times by leg-spinners.......

Sodhi, Tickner, reinforce New Zealand after illness strikes bowlers

IMAGE: New Zealand’s Ish Sodhi. Photograph: Ish Sodhi/Twitter Legspinner Ish Sodhi and pace bowler Blair Tickner have been called back into New Zealand's one-day squad for their final clash......

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RBI

The Reserve Bank of India (RBI) on Saturday said the branches of six public sector banks (PSBs) will function as branches of the four larger PSBs the ...

https://www.thehindubusinessline.com/money-and-banking/rbi-clarifies-public-sector-banks-merger-to-come-into-effect-from-april-1/article31194610.ece

More big bang measures on cards as recession looms large

Desperate times call for desperate measures. The big bang measures announced by Reserve Bank of India (RBI) on Friday, may be just the beginning of it ...

https://www.thehindubusinessline.com/economy/covid-19-crisis-more-big-bang-measures-on-cards-as-recession-looms-large/article31194378.ece

10 Points

State Bank of India (SBI) on Friday announced a cut of 75 basis points in its lending rates, hours after the Reserve Bank of India (RBI) announced... ...

https://www.ndtv.com/business/sbi-fd-interest-rate-sbi-loan-rate-state-bank-of-india-cuts-rates-after-rbi-move-amid-coronavirus-2202084

RBI's Announcement Provides 3 Months Relief From Car Loan EMIs

The Reserve Bank of India today came out with its own set of measures of aid in these challenging times. These included a moratorium on loan... ...

https://carandbike.com/news/siam-welcomes-3-month-emi-holiday-on-vehicles-hopes-banks-reduce-rates-2201863

Rs 1 trillion relief for corporate bonds, courtesy RBI

The RBI on Friday said it will give banks Rs 1 trillion through targeted long-term repo operations (TLTROs), of up to three-year maturity, to... ...

http://www.rediff.com/money/report/coronavirus-rs-1-trillion-relief-for-corporate-bonds-courtesy-rbi/20200328.htm

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