RBI announces loan resolution framework 2.0 for individuals,MSMEs.

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Mumbai : Live Adress of RBI Governor Shaktikanta Das.

10 30 am : Rs 50,000 crore liquidity for ramping up COVID-related healthcare infrastructure and services till March 2022: RBI Governor

10.29 am : RBI announces loan resolution framework 2.0 for individuals, small businesses and MSMEs in view of the 2nd wave of the COVID-19

10.26 am : Small finance banks will be provided Rs 10,000 crore TLTRO for special lending up to Rs 10 lakh per borrower : RBI governor.

10.25 am : Banks are being incentivised to extend swift credit to weak sectors. Banks will also be eligible to park surplus liquidity with RBI to the extent of Covid loan book : RBI Governor.

10.20 am : The forecast of a normal monsoon by IMD is expected to sustain rural demand and overall output in 2021-22, while also having soothing impact on inflation pressures: RBI Governor

10 .1 8 am : Current account balance which had been showing surplus between Jan-Sep 2020 has slipped into a minor deficit, says RBI governor :  RBI governor.

10.16 am : Aggregate supply conditions in India underpinned by resilience in agriculture sector.Aggregate demand conditions especially in contact intensive sectors are likely to see a temporary dip : RBI governor.

10.15 am : The devastating speed with which the virus affects has to be matched by swift and wide-ranging actions that are sequenced, calibrated and well-timed so as to reach out to various sections including the most vulnerable: RBI Governor.

10.13 am : RBI will continue to monitor the emerging COVID19 situation and will deploy all resources and instruments at its command especially for the citizens, business entities, and institutions beleaguered by the second wave: RBI Governor

 

10.10 am : Global economy is exhibiting incipient signs of recovery . Activities remain uneven across countries and sectors : RBI Governor.

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