The six-member Monetary Policy Committee of the Reserve Bank of India has cut its benchmark policy rate,repo rate by 0.25% to 6%.Repo stands for ‘Repurchasing Option’.It refers to the rate …
Read MoreThe Central Board of Direct Taxes (CBDT) has entered into 18 Advance Pricing Agreement(APAs) in the month of March 2019 which includes 3 Bilateral APAs(BAPAs).With this,the total number of APAs …
Read MoreThe International Centre for Automotive Technology (ICAT) will organize a NuGen Mobility Summit, 2019 at Manesar,NCR from 27th to 29th November 2019. The objective of the Summit is to (a)share …
Read MoreAsian Development Bank has published Asian Development Outlook 2019.In this,ADB has cut India’s growth forecast to 7.2% for 2019-20 because of a slower-than-expected pickup in investment demand.The growth rate in …
Read MoreThe National Investment and Infrastructure Fund (NIIF) and Roadis,a global transport infrastructure operator has said that they would jointly set up a platform to invest up to $2 billion in …
Read MoreThe Reserve Bank of India (RBI) in consultation with the Government of India has set the limits for Ways and Means Advances (WMA) for the first half of the financial …
Read MoreThe Supreme Court has struck down the Reserve Bank of India’s February 12 circular that dealt with resolution of stressed assets in the economy.The Supreme Court has held the February …
Read MoreAccording to analysts,Supreme Court judgment striking down the Reserve Bank of India’s February 12 circular that dealt with the resolution of stressed assets will lead to deterioration of borrower behaviour …
Read MoreAccording to credit rating agency Moody,Supreme Court’s decision to strike down the February 12,2018 circular of the Reserve Bank of India (RBI) will be credit negative for Indian banks. They …
Read MoreThe Supreme Court has struck down the Reserve Bank of India’s Feb. 12 circular on the grounds that the regulator can give directions to banks on stressed assets only upon …
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