Amid the ongoing economic woes created by the coronavirus pandemic, the Reserve Bank has decided to extend the enhanced borrowing facility provided to the banks to meet their liquidity shortages till September 30.
Paris: At least seven people were killed after a Médecins Sans Frontières (MSF)-supported hospital in Syria was destroyed in an attack today, the medial humanitarian organisation said.The hospital in Ma'arat Al Numan in Idlib province
Johannesburg: The number of Ebola cases might have declined, but the crisis caused by the disease is not yet over, the global medical humanitarian organisation Doctors Without Borders (MSF) said on Monday.The organisation also revealed
Mumbai: The Reserve Bank today opened a special a two-day borrowing window for banks under the marginal standing facility (MSF) to help meet the rising fund need from corporates for advance tax payments. “As the
New Delhi: Days after RBI hiked short-term lending (repo) rate by 0.25 percent, State Bank of India (SBI) on Thursday raised fixed deposit rate by 0.2 percent on select maturity.With the revision, term deposit between
Mumbai: The BSE benchmark Sensex today surged nearly 105 points to close at all-time high of 21,033.97 on heavy foreign fund inflows in bluechips, amid speculation that the US Fed would maintain its monetary stimulus
New Delhi: Reserve Bank of India is likely to cut interest rate by 0.25 percent in its upcoming policy review as inflation is high, industry chamber Assocham said."Both CPI and WPI at the heightened level.
Mumbai: The rupee ended unchanged at 61.79 against the dollar today on alternate bouts of demand and supply amid surprise steps by the RBI to increase liquidity. The Reserve Bank of India yesterday reduced the
Mumbai: Notwithstanding the CNX Nifty of the National Stock Exchange capitulated its early gains, it closed up by over 22 points to end at 5,928.40 on steps taken by the RBI to improve liquidity in
Mumbai: The benchmark Sensex partially erased initial gains from the RBI's surprise reduction of a bank lending rate and climbed 89 points today to end at the highest level in more than two weeks.Brokers said
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