RBI

Maharashtra Covid-19 curbs sink markets; Sensex falls over 1,400 points
Market

Sensex, Nifty keep run going; all eyes on RBI’s policy decision Today

By Administrator_ India Capital Sands Equity indices defied gravity for the fourth straight session to close at lifetime highs on Thursday, as FMCG and banking counters saw robust demand amid encouraging quarterly earnings. Participants shrugged off weak Asian cues and kept accumulating stocks ahead of the RBI’s policy decision on Friday, said traders. After touching […]

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RBI governor asks banks to strengthen
Economy News

RBI governor asks banks to strengthen lending capacity by raising capital

By Administration_ India  Capital Sands The RBI Governor Shaktikanta Das has asked banks to take proactive measures to strengthen their resilience and lending capacity by raising capital, the central bank said in a statement on Wednesday. During a two-day meeting with heads of banks, including the private sector lenders, the governor emphasised on the need to remain vigilant and make […]

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RBI says no resolution plan yet for PMC Bank, appoints new administrator
RBI

RBI says no resolution plan yet for PMC Bank, appoints new administrator

By Administrator_India Capital Sands The Reserve Bank of India on Tuesday said it is yet to come up with a resolution plan for Punjab and Maharashtra Cooperative Bank, and named a new administrator for the crisis-ridden lender. While the central bank and the PMC Bank administrator have been exploring various options, “factors such as huge […]

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