Business Live: RBI cuts reverse repo rate to 3.35%; GDP growth in 2020-21 to be in negative territory, says Governor Shaktikanta Das

Credit: Hindu- Published 1 week ago
Updates from the world of economy, markets, and finance

Video credit: ANI
Published 1 week ago -  01:01
Equity indices flat ahead of RBI Governor's press meet
Equity benchmark indices were flat during early hours on Friday as Reserve Bank of India (RBI) governor Shaktikanta Das prepared to address a press conference. Reports said he could announce the continuation of liquidity support measures to support the economy in view of COVID-19 lead countrywide lockdown. At 9:55 am, the BSE S-P Sensex was up by 34 points at 30,967 while the Nifty 50 edged higher by 2 points at 9,108. Sectoral indices at the National Stock Exchange were mixed with Nifty PSU bank up by 1.8 per cent. Nifty metal was down by 1.4 per cent.

You are here

Related videos from verified sources

Equity indices in red after RBI rate cut, banking stocks down as loan moratorium extended 01:14
Credit: ANI - Published 1 week ago 

RBI cuts reverse repo rate by 25 bps, expects 7.4% GDP growth in 2021-22 02:19
Credit: HT Digital Content - Published on April 17, 2020 

Related news from verified sources

Updates from the world of economy, markets, and finance
1 week ago • Hindu

Interest rates on loans are set to fall further as the RBI slashed its key policy rates for the second time in two months to counter the economic fallout of the...
1 week ago • IndiaTimes

You might like