RBI offers on-tap TLTRO worth Rs 1 lakh crore, OMOs for state bonds to keep lid on yields

Improving liquidity through TLTRO/OMOApprox Read Time: 6 min In News: While keeping the key policy rates unchanged, the RBI has announced various measures to bring more liquidity in the financial markets, keep bond yields under control, and improve availability of debt to specific sectors. Improving liquidity through TLTRO/OMO Measures announced: On-tap TLTRO to improve liquidity:The RBI has introduced on-tap targeted long-term repo operations (TLTRO) of Rs 1 lakh crore for providing additional…

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Economy Updates: RBI to pump in Rs 1 lakh crore

RBI to pump in Rs 1 lakh croreApprox Read Time: 5 minutes RBI to pump in Rs 1 lakh crore In News: RBI to pump in Rs 1 lakh crore Reserve Bank of India has unveiled the second round of policy announcements to counter the debilitating effects of the spread of Covid-19 on the Indian economy. Earlier Measures: On March 27, the RBI had announced a measures to counter the…

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RBI is trying to reduce pandemic stress

RBI aiding fight against COVID-19Approx Read Time: 6 minutes In News: RBI aiding fight against COVID-19 Amid the lockdown caused by the COVID-19 outbreak, the Reserve Bank of India has used a variety of weapons to counter the distress due to the sudden and sharp destruction of demand. Aim: The measures are aimed at buying time for the government to deal with the coronavirus crisis by preventing stressed borrowers from…

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Economic Bytes: Key steps to kick-starting the economy

Steps to revive the economy Approx Read Time: 7 minutes    Steps to revive the economy 2019 was a tough year for the economy: (Steps to revive the economy) The government will be glad to see the end of the year 2019. Anything that could go wrong went wrong during this year. Growth rate plummeted - from the level of 8.1% in the fourth quarter of 2017-18, quarterly GDP growth…

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Economic Bytes: RBI keeps repo rate unchanged

RBI keeps repo rate unchanged Approx Read Time: 5 minutes  In News: The Reserve Bank of India (RBI) has kept its repo rate unchanged at 5.15% and continued with its accommodative stance for supporting the Indian economy. The MPC (Monetary Policy Committee) recognizes that there is monetary policy space for future action. However, given the evolving growth-inflation dynamics, the MPC felt it appropriate to take a pause at this juncture. RBI…

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