• About Us
  • Copyright Policy
  • Disclaimer
  • Authors
  • Career
  • Contact Us
Assamese |   Bengali |  
Monday, March 8, 2021
NORTHEAST NOW
  • HOME
  • NORTH EAST
    • Assam
    • Meghalaya
    • Tripura
    • Mizoram
    • Manipur
    • Nagaland
    • Arunachal
    • Sikkim
  • Neighbours
    • Nepal
    • Bhutan
    • China
    • Myanmar
    • Bangladesh
  • Business
  • Entertainment
  • Sports
  • Environment
  • Citizen Journalists
  • Opinion
No Result
View All Result
  • HOME
  • NORTH EAST
    • Assam
    • Meghalaya
    • Tripura
    • Mizoram
    • Manipur
    • Nagaland
    • Arunachal
    • Sikkim
  • Neighbours
    • Nepal
    • Bhutan
    • China
    • Myanmar
    • Bangladesh
  • Business
  • Entertainment
  • Sports
  • Environment
  • Citizen Journalists
  • Opinion
No Result
View All Result
NORTHEAST NOW
Assamese
Home Business

Coronavirus impact: RBI decides to hold EMIs for three months

NE NOW NEWS by NE NOW NEWS
GUWAHATI , March 27, 2020 3:12 pm
RBI releases recruitment notice

Representative image

Share on FacebookShare on Twitter

The Reserve Bank of India (RBI) on Friday put on hold EMI payments on all term loans for three months.

The apex bank also decided to cut interest rate, which is the steepest in more than 11 years.

The decisions were taken to with an effort to rescue the slowing economy, which has been jeopardised in the wake of coronavirus pandemic.

ALSO READ Coronavirus impact: RBI cuts interest rates by 4.4 per cent

In other decisions, the RBI cut repo to 4.4 per cent, which is the lowest in the last 15 years.

The RBI also decided to reduce the cash reserve ratio (CRR) maintained by the banks and accordingly, the CRR for all banks has been cut by 100 basis points to release Rs 1.37 lakh crore across banking system.

The RBI also cut the reverse repo rate by 90 bps to 4 per cent.

The measures announced a day after the Centre unveiled a Rs 1.7 lakh crore package of free foodgrains and cash doles to the poor in the wake of 21-day nationwide lockdown.

Assam Assembly elections: AIUDF releases first list of 16 candidates

Assam Assembly elections: AIUDF releases first list of 16 candidates

Congress

Assam Assembly elections: Congress releases 2nd list of candidates for Titabor, Naoboicha, Dhakuakhana

DoNER Minister Dr Jitendra SIngh

DoNER Minister Dr Jitendra Singh visits several vaccination centres in Guwahati

Rajkumar Nilnetra Neog

Assam Assembly elections: Congress candidate Rajkumar promises to solve Dibrugarh’s waterlogging problem if voted to power

NORTHEAST NOW

Northeast Now is a multi-app based hyper-regional bilingual news portal. Led by a group of professionals, the digital news platform covers every inch of the eight states of northeast India and the five neighbouring countries. It is the first of its kind new media initiative in the northeast, and is based in Guwahati. As the political dynamics in the northeast is intricate and fluid, Northeast Now is always politically neutral.

 
Our Properties
 
  • NORTHEAST NOW ASSAMESE
  • NORTHEAST JOBS
  • NORTHEAST TENDERS
  • INNFINITY
  • About Us
  • Copyright Policy
  • Disclaimer
  • Authors
  • Career
  • Contact Us

© 2019 - Maintained by EZEN Software & Technology Pvt. Ltd

No Result
View All Result
  • HOME
  • NORTH EAST
    • Assam
    • Meghalaya
    • Tripura
    • Mizoram
    • Manipur
    • Nagaland
    • Arunachal
    • Sikkim
  • Neighbours
    • Nepal
    • Bhutan
    • China
    • Myanmar
    • Bangladesh
  • Business
  • Entertainment
  • Sports
  • Environment
  • Citizen Journalists
  • Opinion

© 2019 - Maintained by EZEN Software & Technology Pvt. Ltd