Browsing tag: Reserve Bank of India

CreditAccess Grameen Secures $75 Million Loan for Inclusive Growth


CreditAccess Grameen Secures $75 Million Syndicated Social Loan for Inclusive Growth   CreditAccess Grameen Limited (BSE: 541770, NSE: CREDITACC), the country’s largest Non-Banking Financial Company-Micro Finance Institution (NBFCMFI), today, 10 March 2026, announced that, The Company has secured a syndicated social loan facility of USD 75 million (INR 680 to 700 crore), qualifying as an ECB under the automatic route of the Reserve Bank of India. Source: BSE The foreign currency

RBI MONETARY POLICY MEET: JUNE 2017


The Reserve Bank of India (RBI) will meet on 6th and 7th of June 2017 to review monetary policy. What to Expect From RBI The Reserve Bank of India (RBI) is expected to maintain silent on the key rates in its bi-monthly monetary policy announcement because of (i) Implementation of GST and (ii) Inflation. The proposed implementation of Goods and Service Tax (GST) from July 1, 2017, and it is likely that the RBI may wish to hang around and watch the implementation of GST and its effect on