Page-2 of liquidity
RBI cuts Reverse Repo rate to 3.75%, Rs 50,000 crores for LTRO 2.0
On April 17, 2020, the Reserve Bank of India announced a slew of measures after GoI extended the lock down till May 3, 3030. The Apex bank cut the reverse repo rate to 3.75%. It cut the repo rate to ..
Month: Current Affairs - April, 2020
AIIB to finance 500 million USD projects to strengthen National Health Care Systems
The Asian Infrastructure Investment Bank is to finance 500 million USD projects in India to help the country improve its health care systems. AIIB is currently doubling its funds under COVID-19 Crisis Recovery Facility. Highlights The funding is to be ..
Month: Current Affairs - April, 2020
RBI: Cuts repo rate to 4.4%; CRR to 3%; 3-month moratorium allowed on all loans
On March 27, 2020, the Reserve Bank of India announced series of measures to counter economic slowdown caused due to COVID-19. The Central bank advanced its Monetary Policy Committee meet due to COVID-19 pandemic. This was the 7th Bi-Monthly Monetary ..
Month: Current Affairs - March, 2020
What is Forex Swap and LTRO suggested by RBI governor to support Liquidity in India?
The RBI Governor recently stated that the apex bank has several armoury of weapons and it will not hesitate to deploy them. Two of the measures suggested by the governor are Forex Swap and LTRO (Long Term Repo Operation). This ..
Month: Current Affairs - March, 2020
RBI to buy and sell Government Securities worth Rs 10,000 crores
On December 23, 2019, the Reserve Bank of India will buy and sell government securities of Rs 10,000 crores under a special Open Market Operation. Such moves are implemented by the federal bank in order to bring down the interest ..
Month: Current Affairs - December, 2019
NHB to provide Rs.10,000 cr liquidity infusion facility to HFCs
The housing sector regulator National Housing Bank (NHB) opened a liquidity infusion facility of Rs.10000 crore for Housing Finance Companies (HFCs) to improve liquidity in sector. The move is taken to unveil measures to boost lending and accelerate growth. About ..