BREAKING NEWS
No question of forgiving BJP MLC Ravi at any cost for using derogatory word : Minister Laxmi Hebbalkar
Case registered against unknown persons who attempted to attack BJP MLC Ravi
Neelamangala accident: Tried avoiding hitting car in front, lost control, claims truck driver
Special trains announced from Bengaluru for Christmas and Kumbh Mela
H D Kumaraswamy announces Rs 15,000 crore revival plan for Bhadravati Visvesvaraya Iron & Steel Factory
Allu Arjun didn’t leave theatre despite being told about woman’s death: Hyderabad police
Rohit Sharma should change his tactics, be more attacking batting at No. 6: Ravi Shastri
Joe Root returns to England’s ODI squad for India tour, Champions Trophy; Ahmed in T20Is
Take steps to establish NIMHANS and diabetology units in Kalaburagi and Mysuru: CM Siddaramaiah
PM Modi receives Kuwait’s highest honour
RBI: After another status quo year, all eyes on a growth-propping rate cut with new Guv at helm
Zakir Hussain’s family shares first Instagram post after his death: Always together in love
Diljit Dosanjh denies blocking AP Dhillon on social media
India beat Bangladesh by 41 runs to bag Women’s U19 T20 Asia Cup
Belagavi: Man drives tractor over brother over property dispute, arrested
PM says RBI measures will enhance liquidity
PTI, Apr 17, 2020, 2:50 PM IST
New Delhi: Prime Minister Narendra Modi on Friday said the announcements made by the Reserve Bank of India will greatly enhance liquidity and improve credit supply.
“These steps would help our small businesses, MSMEs, farmers and the poor. It will also help all states by increasing WMA limits,” he said on Twitter.
RBI Governor Shaktikanta Das has announced new measures to maintain adequate liquidity in the system, facilitate bank credit flow and ease financial stress.
The Bank cut the reverse repo rate and announced a slew of measures including re-finance window of Rs 50,000 crore and targeted long term repo auction of a similar amount to deal with the impact of the COVID-19 pandemic.
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