Discover and read the best of Twitter Threads about #rbiacts
Most recents (2)
#RBIActs
*Repo Rate cut by 75 bps to 4.40%
*Reverse Repo Rate cut by 90 bps to 4%
*MPC to continue with accomodative stance
*Shaktikanta Das, R Dholakia, Janak Raj, Michael Patra voted for 75 bps cut; Chetan Ghate, Pami Dua for 50 bps cut
*No inflation, growth projection given
*Repo Rate cut by 75 bps to 4.40%
*Reverse Repo Rate cut by 90 bps to 4%
*MPC to continue with accomodative stance
*Shaktikanta Das, R Dholakia, Janak Raj, Michael Patra voted for 75 bps cut; Chetan Ghate, Pami Dua for 50 bps cut
*No inflation, growth projection given
#RBIActs
*All lending institutions permitted to allow a moratorium of 3 months on payment of instalments for all term loans outstanding as on March 1, 2020
*Repayment schedule, all subsequent due dates, as also the tenor for such loans may be shifted across the board by 3 months
*All lending institutions permitted to allow a moratorium of 3 months on payment of instalments for all term loans outstanding as on March 1, 2020
*Repayment schedule, all subsequent due dates, as also the tenor for such loans may be shifted across the board by 3 months
#RBIActs
*All lending institutions permitted to allow a deferment of 3 months on payment of interest in respect of all working capital facilities outstanding as on March 1, 2020
*The accumulated interest for the period will have be paid after the expiry of the deferment period
*All lending institutions permitted to allow a deferment of 3 months on payment of interest in respect of all working capital facilities outstanding as on March 1, 2020
*The accumulated interest for the period will have be paid after the expiry of the deferment period
#RBIActs | RBI’ MPC voted 4:2 to reduce policy repo rate by 75 bps to 4.4% & Reverse Repo rate cut by 90 bps to 4%
