32 key highlights of RBI Governor Press conference dated 17th April 20..
COVID-19: RBI announces further measures for dealing with the pandemic..
1. Extension of realisation period of export proceeds Presently value of the goods or software exports made by the exporters is required to be realized fully and repatriated to the country within a period of 9 months from the date of exports. In view of the disruption caused by the COVID-19 pandemic, the time period for realization and repatriation of export proceeds for exports made up to or on July 31, 2020, has been extended to 15 months from the date of export. The measure will enable the exporters to realise their receipts, esp..
RBI on statement on development and regulatory policies..
15 FAQs on RBIs moratorium of EMI..
Through this write up efforts have been made to explain point wise much-awaited steps taken by RBI to smooth the flow of credit and ease out the liquidity problem currently faced by business specially SMEs...
RBI announces auction of a 77-Day and 84-Day Government of India Cash Management Bill The Reserve Bank of India announces the auction of a 77-Day and 84-Day Government of India Cash Management Bill as per the following details. Auction Date Settlement Date ..
In the view of the COVID-19 Outbreak. The RBI has announced various relaxations. It has been decided to reduce the policy Repo rate under the Liquidity Adjustment Facility (LAF) by 75 basis points from 5.15 percent to 4.40 percent with immediate effect. Further, consequent upon the widening of the LAF corridor, the Reverse Repo rate under the LAF stands adjusted from 4.90 percent to 4.00 percent with immediate effect. All other terms and conditions of the extant LAF Scheme will remain unchanged. Here are the other relaxations announced by RBI I. Li..