RBI's TLTRO 2.0 gets cold-shoulder from banks

Such cold-shoulder by banks also indicates a credit freeze that is hard to overcome, unless the government comes out with credit guarantee schemes for loans given by banks. Since that is not......

No respite for banks; NPAs seen to rise in first half of 2021

Asset quality of banks, which saw some improvement in the second half of 2020, is likely to worsen during the first six months of 2021, according to a survey. Illustration: Dominic......

Highlights of RBI policy: 24x7 helpline for digital payment grievances

Following are the highlights of the monetary policy announced by RBI governor Shaktikanta Das on Friday: Interest rates left unchanged for 4th time in a row; Short-term lending rate (repo) stands......

'RBI's whatever-it-takes approach insulated teconomy'

'A strong foreign exchange reserve is the best safety net against global spillovers.' Photograph: Altaf Hussain/Reuters   "The pandemic crashed government revenues last year," Reserve Bank of......