RBI

The KV Kamath committee had recommended lenders to consider 26 sectors while finalising their loan resolution plans in view of Covid-19

A government can't be responsible for the correction of poor policies of another, which pushed a few states to GST deficits worse than others'

RBI’s note also pointed out that countries such as the UK, France, Germany and Italy do not make such a classification

Once there is clarity on COVID-19 curve and other aspects, the RBI will start giving its estimates on inflation and growth, said Das

On Rs 500 denomination notes, the RBI said indent for printing of 1,463 crore pieces were issued and 1,200 crore pieces were supplied during 2019-20

There was expectation that the RBI will cut the repo rate, at which it lends funds to banks. This was the 24th meeting of the MPC

Several government committees and the RBI have recommended that India should have not more than five state-owned banks

On agricultural transformation, RBI governor Das suggested a change in agriculture policy focus from minimum support price (MSP)

New dispensation, the appointment of CEOs in such cooperative banks will now require prior approval from the regulatory authority- the RBI

The RBI draft said that they would be split into systemically important and non-systemically important companies on the lines of NBFCs