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The RBI has asked all lenders to compensate borrowers with interest on interest charged between March 1, 2020 and August 31, 2020. This will apply to all borrowers irrespective of whether the moratorium had been fully or partially availed, or not availed.
PM to meet global fund houses’ brassThe government is also working with the central bank to get India included in the global bond indices, which would lift flows into the bond market. “Fund houses from all over the world are getting in touch with us and saying … Read MoreRBI Guv hints at imminent shift to fiscal prudenceBoth fiscal and monetary policy were counter-cyclical and accommodative and both were working in close symmetry, he added, while stating that the fiscal measures taken by the government to deal with the pandemic have so far h… Read MoreAsian stocks gain on US stimulus hopeMSCI's broadest index of Asia-Pacific shares outside Japan rose 0.56%. Australian stocks edged up by 0.1%, while shares in China rose 0.07%. Tokyo shares gained 0.4%. U.S. stock futures also rose 0.44%.
from Stocks-Markets-E… Read MoreSGX Nifty up 25 points; here's what changed for market while you were sleepingNifty futures on the Singapore Exchange traded 24 points, or 0.36 per cent higher at 11,931.50, in signs that Dalal Street was headed for a positive start on Wednesday.
from Stocks-Markets-Economic Times https://ift.tt/3jizw… Read MoreWall Street shares end higher on stimulus optimismUncertainty over the coronavirus aid package weighed on Wall Street's main indexes on Monday and analysts expect market turbulence to increase with only two weeks left until Election Day.
from Stocks-Markets-Economic Times h… Read More
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