{"id":6332,"date":"2020-05-22T19:23:28","date_gmt":"2020-05-22T13:53:28","guid":{"rendered":"https:\/\/carajput.com\/blog\/?p=6332"},"modified":"2021-12-18T12:21:52","modified_gmt":"2021-12-18T06:51:52","slug":"rbi-governor-press-announcements-highlights-rbi-reduces-the-rate-extends-the-loan-relief","status":"publish","type":"post","link":"https:\/\/carajput.com\/blog\/rbi-governor-press-announcements-highlights-rbi-reduces-the-rate-extends-the-loan-relief\/","title":{"rendered":"RBI reduces the rate, extends the loan relief : RBI"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Page Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69e63499c6183\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69e63499c6183\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/carajput.com\/blog\/rbi-governor-press-announcements-highlights-rbi-reduces-the-rate-extends-the-loan-relief\/#RBI_Announcements_RBI_reduces_the_rate_extends_the_loan_relief\" title=\"RBI Announcements: RBI reduces the rate, extends the loan relief\">RBI Announcements: RBI reduces the rate, extends the loan relief<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/carajput.com\/blog\/rbi-governor-press-announcements-highlights-rbi-reduces-the-rate-extends-the-loan-relief\/#Term_loan_moratorium_extends_to_August_31_2020%E2%80%93\" title=\"Term loan moratorium extends to August 31, 2020&#8211;\">Term loan moratorium extends to August 31, 2020&#8211;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/carajput.com\/blog\/rbi-governor-press-announcements-highlights-rbi-reduces-the-rate-extends-the-loan-relief\/#Interest_deferral_on_working_capital%E2%80%93\" title=\"Interest deferral on working capital&#8211;\">Interest deferral on working capital&#8211;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/carajput.com\/blog\/rbi-governor-press-announcements-highlights-rbi-reduces-the-rate-extends-the-loan-relief\/#Conversion_of_interest_on_working_capital_to_fixed-term_loans%E2%80%93\" title=\"Conversion of interest on working capital to fixed-term loans&#8211;\">Conversion of interest on working capital to fixed-term loans&#8211;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/carajput.com\/blog\/rbi-governor-press-announcements-highlights-rbi-reduces-the-rate-extends-the-loan-relief\/#The_margin_for_Working_Capital_%E2%80%93\" title=\"The margin for Working Capital &#8211; \">The margin for Working Capital &#8211; <\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/carajput.com\/blog\/rbi-governor-press-announcements-highlights-rbi-reduces-the-rate-extends-the-loan-relief\/#Reduce_the_repo_rate_by_40_bps_to_4\" title=\"Reduce the repo rate by 40 bps to 4%. \">Reduce the repo rate by 40 bps to 4%. <\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/carajput.com\/blog\/rbi-governor-press-announcements-highlights-rbi-reduces-the-rate-extends-the-loan-relief\/#Export_Credits%E2%80%93\" title=\"Export Credits&#8211;\">Export Credits&#8211;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/carajput.com\/blog\/rbi-governor-press-announcements-highlights-rbi-reduces-the-rate-extends-the-loan-relief\/#Payment_against_imports%E2%80%93\" title=\"Payment against imports&#8211;\">Payment against imports&#8211;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/carajput.com\/blog\/rbi-governor-press-announcements-highlights-rbi-reduces-the-rate-extends-the-loan-relief\/#Help_to_EXIM_Bank%E2%80%93\" title=\"Help to EXIM Bank&#8211;\">Help to EXIM Bank&#8211;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/carajput.com\/blog\/rbi-governor-press-announcements-highlights-rbi-reduces-the-rate-extends-the-loan-relief\/#Extension_of_Resolution_Timelines%E2%80%93\" title=\"Extension of Resolution Timelines&#8211;\">Extension of Resolution Timelines&#8211;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/carajput.com\/blog\/rbi-governor-press-announcements-highlights-rbi-reduces-the-rate-extends-the-loan-relief\/#Group_Financing_%E2%80%93\" title=\"Group Financing &#8211;\">Group Financing &#8211;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/carajput.com\/blog\/rbi-governor-press-announcements-highlights-rbi-reduces-the-rate-extends-the-loan-relief\/#SIDBI_support_%E2%80%93\" title=\"SIDBI support \u2013\">SIDBI support \u2013<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/carajput.com\/blog\/rbi-governor-press-announcements-highlights-rbi-reduces-the-rate-extends-the-loan-relief\/#Trade_Impact_%E2%80%93\" title=\"Trade Impact &#8211;\">Trade Impact &#8211;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/carajput.com\/blog\/rbi-governor-press-announcements-highlights-rbi-reduces-the-rate-extends-the-loan-relief\/#Trade_Impact%E2%80%93\" title=\"Trade Impact&#8211; \">Trade Impact&#8211; <\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/carajput.com\/blog\/rbi-governor-press-announcements-highlights-rbi-reduces-the-rate-extends-the-loan-relief\/#Interest_rate_levels_of_different_central_banks_along_with_inflation\" title=\"Interest rate levels of different central banks along with inflation\">Interest rate levels of different central banks along with inflation<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/carajput.com\/blog\/rbi-governor-press-announcements-highlights-rbi-reduces-the-rate-extends-the-loan-relief\/#Below_given_table_showing_the_interest_rate_levels_of_different_central_banks_along_with_inflation_no_for_latest_period_same_for_the_previous_month\" title=\"Below given table showing the interest rate levels of different central banks along with inflation no for latest period same for the previous month.\">Below given table showing the interest rate levels of different central banks along with inflation no for latest period same for the previous month.<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<p><a href=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/09\/Reserve-Bank-of-India.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-8503\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/09\/Reserve-Bank-of-India.jpg\" alt=\"www.carajput.com; Reserve Bank of India\" width=\"870\" height=\"470\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/09\/Reserve-Bank-of-India.jpg 870w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/09\/Reserve-Bank-of-India-300x162.jpg 300w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/09\/Reserve-Bank-of-India-768x415.jpg 768w\" sizes=\"(max-width: 870px) 100vw, 870px\" \/><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"RBI_Announcements_RBI_reduces_the_rate_extends_the_loan_relief\"><\/span><span style=\"color: #000080;\">RBI Announcements: <a href=\"https:\/\/www.caindelhiindia.com\/blog\/cryptocurrencies-in-regulatory-sandbox\/\">RBI<\/a> reduces the rate, extends the loan relief<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Term_loan_moratorium_extends_to_August_31_2020%E2%80%93\"><\/span><span style=\"color: #000080;\"><strong>Term loan moratorium extends to August 31, 2020<\/strong>&#8211;<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>The debt moratorium will be continued to August 31, 2020. Which gives it a six-month moratorium.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Interest_deferral_on_working_capital%E2%80%93\"><\/span><span style=\"color: #000080;\"><strong>Interest deferral on working capital<\/strong>&#8211;<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Interest on working capital is deferred by another 3 months, i.e. until 31 August 2020.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Conversion_of_interest_on_working_capital_to_fixed-term_loans%E2%80%93\"><\/span><span style=\"color: #000080;\"><strong>Conversion of interest on working capital to fixed-term loans<\/strong>&#8211;<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Loan agencies is permitted to turn accrued interest on working capital facilities over the deferment period (until August 31, 2020) into a secured interest-term loan (repayable by March 31, 2021).<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"The_margin_for_Working_Capital_%E2%80%93\"><\/span><span style=\"color: #000080;\"><strong>The margin for Working Capital &#8211;<\/strong> <\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Drawing Power &#8211; Lending institutions was required to return working capital margins to the original amount by 31 March 2021.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Reduce_the_repo_rate_by_40_bps_to_4\"><\/span><strong><span style=\"color: #000080;\">Reduce the repo rate by 40 bps to 4%.<\/span> <\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>The interest rate should then be reduced.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Export_Credits%E2%80%93\"><\/span><span style=\"color: #000080;\"><strong>Export Credits<\/strong>&#8211;<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Maximum Allowable Export Credit (Pre and Post Shipping) extended from 12 months to 15 months.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Payment_against_imports%E2%80%93\"><\/span><span style=\"color: #000080;\"><strong>Payment against imports<\/strong>&#8211;<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Extension of the time limit to allow payments against imports from 6 months to 12 months<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Help_to_EXIM_Bank%E2%80%93\"><\/span><span style=\"color: #000080;\"><strong>Help to EXIM Bank<\/strong>&#8211;<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Facility of Rs 15.000 crore credit line for 90 days for US dollar swap facility will be given to EXIM Bank.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Extension_of_Resolution_Timelines%E2%80%93\"><\/span><span style=\"color: #000080;\"><strong>Extension of Resolution Timelines<\/strong>&#8211;<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Deferment or moratorium time shall be removed when measuring the 180-day resolution deadline.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Group_Financing_%E2%80%93\"><\/span><span style=\"color: #000080;\"><strong>Group Financing<\/strong> &#8211;<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Group exposure increased from 25% to 30%<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"SIDBI_support_%E2%80%93\"><\/span><span style=\"color: #000080;\"><strong>SIDBI support<\/strong> \u2013<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>In order to provide greater flexibility to SIDBI, a further 90-day extension of the 90-day loan facility will be offered.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Trade_Impact_%E2%80%93\"><\/span><span style=\"color: #000080;\"><strong>Trade Impact<\/strong> &#8211;<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Loan moratorium shall have no effect on improvements in asset classification, financial history, and aging requirements, etc.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Trade_Impact%E2%80%93\"><\/span><span style=\"color: #000080;\"><strong>Trade Impact<\/strong>&#8211; <\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>The volume of world trade can fall by 13 percent-32% this year.<\/li>\n<li><strong>\u00a0<a href=\"https:\/\/carajput.com\/rbi-consulting.php\">RBI<\/a> Announcements on 22\/05\/2020<\/strong><\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Interest_rate_levels_of_different_central_banks_along_with_inflation\"><\/span><span style=\"color: #ff0000;\"><strong><em>Interest rate levels of different central banks along with inflation<\/em><\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Below_given_table_showing_the_interest_rate_levels_of_different_central_banks_along_with_inflation_no_for_latest_period_same_for_the_previous_month\"><\/span><span style=\"color: #000080;\"><strong><em>Below given table showing the interest rate levels of different central banks along with inflation no for latest period same for the previous month.<\/em><\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table>\n<tbody>\n<tr>\n<td width=\"109\"><strong>Country<\/strong><\/td>\n<td width=\"109\"><strong>Reference<\/strong><\/td>\n<td width=\"109\"><strong>Earlier<\/strong><\/td>\n<td width=\"109\"><strong>Now<\/strong><\/td>\n<td width=\"109\"><strong>\u00a0Reference<\/strong><\/td>\n<td width=\"109\"><strong>Earlier<\/strong><\/td>\n<td width=\"109\"><strong>Now<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"109\">United Kingdom<\/td>\n<td width=\"109\">Dec-21<\/td>\n<td width=\"109\">0.1<\/td>\n<td width=\"109\">0.25<\/td>\n<td width=\"109\">Nov-21<\/td>\n<td width=\"109\">4.2<\/td>\n<td width=\"109\">5.1<\/td>\n<\/tr>\n<tr>\n<td width=\"109\">United States<\/td>\n<td width=\"109\">Dec-21<\/td>\n<td width=\"109\">0.25<\/td>\n<td width=\"109\">0.25<\/td>\n<td width=\"109\">Nov-21<\/td>\n<td width=\"109\">6.2<\/td>\n<td width=\"109\">6.8<\/td>\n<\/tr>\n<tr>\n<td width=\"109\">Saudi Arabia<\/td>\n<td width=\"109\">Nov-21<\/td>\n<td width=\"109\">1<\/td>\n<td width=\"109\">1<\/td>\n<td width=\"109\">Nov-21<\/td>\n<td width=\"109\">0.8<\/td>\n<td width=\"109\">1.1<\/td>\n<\/tr>\n<tr>\n<td width=\"109\">South Korea<\/td>\n<td width=\"109\">Nov-21<\/td>\n<td width=\"109\">0.75<\/td>\n<td width=\"109\">1<\/td>\n<td width=\"109\">Nov-21<\/td>\n<td width=\"109\">3.2<\/td>\n<td width=\"109\">3.7<\/td>\n<\/tr>\n<tr>\n<td width=\"109\">Switzerland<\/td>\n<td width=\"109\">Dec-21<\/td>\n<td width=\"109\">-0.75<\/td>\n<td width=\"109\">-0.75<\/td>\n<td width=\"109\">Nov-21<\/td>\n<td width=\"109\">1.2<\/td>\n<td width=\"109\">1.5<\/td>\n<\/tr>\n<tr>\n<td width=\"109\">Japan<\/td>\n<td width=\"109\">Dec-21<\/td>\n<td width=\"109\">-0.1<\/td>\n<td width=\"109\">-0.1<\/td>\n<td width=\"109\">Oct-21<\/td>\n<td width=\"109\">0.2<\/td>\n<td width=\"109\">0.1<\/td>\n<\/tr>\n<tr>\n<td width=\"109\">Euro Area<\/td>\n<td width=\"109\">Dec-21<\/td>\n<td width=\"109\">0<\/td>\n<td width=\"109\">0<\/td>\n<td width=\"109\">Nov-21<\/td>\n<td width=\"109\">4.1<\/td>\n<td width=\"109\">4.9<\/td>\n<\/tr>\n<tr>\n<td width=\"109\">France<\/td>\n<td width=\"109\">Dec-21<\/td>\n<td width=\"109\">0<\/td>\n<td width=\"109\">0<\/td>\n<td width=\"109\">Nov-21<\/td>\n<td width=\"109\">2.6<\/td>\n<td width=\"109\">2.8<\/td>\n<\/tr>\n<tr>\n<td width=\"109\">Indonesia<\/td>\n<td width=\"109\">Dec-21<\/td>\n<td width=\"109\">3.5<\/td>\n<td width=\"109\">3.5<\/td>\n<td width=\"109\">Nov-21<\/td>\n<td width=\"109\">1.66<\/td>\n<td width=\"109\">1.75<\/td>\n<\/tr>\n<tr>\n<td width=\"109\">South Africa<\/td>\n<td width=\"109\">Nov-21<\/td>\n<td width=\"109\">3.5<\/td>\n<td width=\"109\">3.75<\/td>\n<td width=\"109\">Nov-21<\/td>\n<td width=\"109\">5<\/td>\n<td width=\"109\">5.5<\/td>\n<\/tr>\n<tr>\n<td width=\"109\">China<\/td>\n<td width=\"109\">Dec-21<\/td>\n<td width=\"109\">3.85<\/td>\n<td width=\"109\">3.85<\/td>\n<td width=\"109\">Nov-21<\/td>\n<td width=\"109\">1.5<\/td>\n<td width=\"109\">2.3<\/td>\n<\/tr>\n<tr>\n<td width=\"109\">Italy<\/td>\n<td width=\"109\">Dec-21<\/td>\n<td width=\"109\">0<\/td>\n<td width=\"109\">0<\/td>\n<td width=\"109\">Nov-21<\/td>\n<td width=\"109\">3<\/td>\n<td width=\"109\">3.7<\/td>\n<\/tr>\n<tr>\n<td width=\"109\">Netherlands<\/td>\n<td width=\"109\">Dec-21<\/td>\n<td width=\"109\">0<\/td>\n<td width=\"109\">0<\/td>\n<td width=\"109\">Nov-21<\/td>\n<td width=\"109\">3.4<\/td>\n<td width=\"109\">5.2<\/td>\n<\/tr>\n<tr>\n<td width=\"109\">Spain<\/td>\n<td width=\"109\">Dec-21<\/td>\n<td width=\"109\">0<\/td>\n<td width=\"109\">0<\/td>\n<td width=\"109\">Nov-21<\/td>\n<td width=\"109\">5.4<\/td>\n<td width=\"109\">5.5<\/td>\n<\/tr>\n<tr>\n<td width=\"109\">Australia<\/td>\n<td width=\"109\">Dec-21<\/td>\n<td width=\"109\">0.1<\/td>\n<td width=\"109\">0.1<\/td>\n<td width=\"109\">Sep-21<\/td>\n<td width=\"109\">3.8<\/td>\n<td width=\"109\">3<\/td>\n<\/tr>\n<tr>\n<td width=\"109\">Canada<\/td>\n<td width=\"109\">Dec-21<\/td>\n<td width=\"109\">0.25<\/td>\n<td width=\"109\">0.25<\/td>\n<td width=\"109\">Nov-21<\/td>\n<td width=\"109\">4.7<\/td>\n<td width=\"109\">4.7<\/td>\n<\/tr>\n<tr>\n<td width=\"109\">Mexico<\/td>\n<td width=\"109\">Dec-21<\/td>\n<td width=\"109\">5<\/td>\n<td width=\"109\">5.5<\/td>\n<td width=\"109\">Nov-21<\/td>\n<td width=\"109\">6.24<\/td>\n<td width=\"109\">7.37<\/td>\n<\/tr>\n<tr>\n<td width=\"109\">Russia<\/td>\n<td width=\"109\">Oct-21<\/td>\n<td width=\"109\">6.75<\/td>\n<td width=\"109\">7.5<\/td>\n<td width=\"109\">Nov-21<\/td>\n<td width=\"109\">8.1<\/td>\n<td width=\"109\">8.4<\/td>\n<\/tr>\n<tr>\n<td width=\"109\">Brazil<\/td>\n<td width=\"109\">Dec-21<\/td>\n<td width=\"109\">7.75<\/td>\n<td width=\"109\">9.25<\/td>\n<td width=\"109\">Nov-21<\/td>\n<td width=\"109\">10.67<\/td>\n<td width=\"109\">10.74<\/td>\n<\/tr>\n<tr>\n<td width=\"109\">Turkey<\/td>\n<td width=\"109\">Dec-21<\/td>\n<td width=\"109\">15<\/td>\n<td width=\"109\">14<\/td>\n<td width=\"109\">Nov-21<\/td>\n<td width=\"109\">19.89<\/td>\n<td width=\"109\">21.31<\/td>\n<\/tr>\n<tr>\n<td width=\"109\">Argentina<\/td>\n<td width=\"109\">Oct-21<\/td>\n<td width=\"109\">38<\/td>\n<td width=\"109\">38<\/td>\n<td width=\"109\">Nov-21<\/td>\n<td width=\"109\">52.1<\/td>\n<td width=\"109\">51.2<\/td>\n<\/tr>\n<tr>\n<td width=\"109\">India<\/td>\n<td width=\"109\">Dec-21<\/td>\n<td width=\"109\">4<\/td>\n<td width=\"109\">4<\/td>\n<td width=\"109\">Nov-21<\/td>\n<td width=\"109\">4.48<\/td>\n<td width=\"109\">4.91<\/td>\n<\/tr>\n<tr>\n<td width=\"109\">Germany<\/td>\n<td width=\"109\">Dec-21<\/td>\n<td width=\"109\">0<\/td>\n<td width=\"109\">0<\/td>\n<td width=\"109\">Nov-21<\/td>\n<td width=\"109\">4.5<\/td>\n<td width=\"109\">5.2<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<ul>\n<li><em>Except for South Korea, all of these countries have higher inflation than India. The question is when the RBI will take the plunge and raise the repo rate.<\/em><\/li>\n<li><em>Because the omicron strain&#8217;s path is unknown, growth will always be a risk for the entire global economy. It may not be possible to ignore inflation as temporary or driven by supply-side forces for much longer.<\/em><\/li>\n<li><em>The central bank will have to make a decision here because, while CPI inflation is within tolerance, WPI inflation offers a different tale that is difficult to ignore. Currently, we can expect the RBI to tighten in stages: first, addressing liquidity, then boosting the reverse repo rate, and eventually, raising the repo rate.<\/em><\/li>\n<\/ul>\n<p>Popular Article:<\/p>\n<ul>\n<li><a href=\"https:\/\/carajput.com\/learn\/rbi-from-january-1-2021-inform-bank-otherwise-large-value-cheques-will-bounce.html\">RBI from January 1 2021 inform bank otherwise large value cheques will bounce<\/a><\/li>\n<li><a href=\"https:\/\/carajput.com\/blog\/rbi-introduced-mandatory-fdi-reporting-through-single-master-form-smf-2\/\">FDI reporting through a single master<\/a><\/li>\n<li><a href=\"https:\/\/carajput.com\/blog\/10-things-to-know-when-unauthorized-banking-transactions-in-banks-resulting-in-erroneous-debits-to-accounts-of-customers\/\">Things to know when Unauthorized Banking Transaction held in Banks which result in Error in Debit A\/c of Customer<\/a><\/li>\n<li><a href=\"https:\/\/carajput.com\/learn\/rbi-governor-announced-the-refinancing-of-rs-50000-crore-for-all-indian-financial-institutions.html\">The announcement by RBI Governor for refinancing by all Indian financial Institution<\/a><\/li>\n<\/ul>\n<p><strong><em>Post by <a href=\"https:\/\/carajput.com\/\">Rajput Jain &amp; Associates <\/a><\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>RBI Announcements: RBI reduces the rate, extends the loan relief Term loan moratorium extends to August 31, 2020&#8211; The debt moratorium will be continued to August 31, 2020. Which gives it a six-month moratorium. Interest deferral on working capital&#8211; Interest on working capital is deferred by another 3 months, i.e. until 31 August 2020. Conversion &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[8926],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/6332"}],"collection":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/comments?post=6332"}],"version-history":[{"count":4,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/6332\/revisions"}],"predecessor-version":[{"id":20147,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/6332\/revisions\/20147"}],"wp:attachment":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/media?parent=6332"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/categories?post=6332"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/tags?post=6332"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}