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Maharashtra COVID-19 Update and RBI Actions by Kristic Angel is a document available to read on EtoBox.
What is Maharashtra COVID-19 Update and RBI Actions about?
The RBI took several steps to boost liquidity and encourage banks to lend more, including cutting the reverse repo rate, freezing non-performing asset classification, and providing more emergency funding to states. It launched a targeted long-term repo operation of Rs. 50,000 crore for banks to invest in non-banking financial company bonds. This will provide more liquidity support to the struggling non-banking financial sector. The number of COVID-19 cases in Maharashtra dipped in the past few days but expe
- Author
- Kristic Angel
- Language
- EN