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COVID-19 Effects: RBI reduces repo rate by 75 basis points to 4.4%

  NEW DELHI: RBI governor Shaktikanta Das on Friday announced a series of steps to boost liquidity in a stimulus worth 3.2% of GDP to counter the economic impact of the coronavirus outbreak. Here are key points from Das’s announcements: *All lending institutions can allow three-month moratorium on EMI payments. *Deferment on loan and interest […]

CCI approves subscription of certain equity share capital of Aditya Birla Renewables (ABReN/Target) by GIP EM Star Ltd. – EQ