Friday, 17 April 2020

RBI throws second Rs 1 lakh-crore-lifeline, prompts banks to lend more

Three weeks after it unveiled its first package on March 27 for an economy battered by the Covid-19 pandemic, the Reserve Bank of India on Friday sought to ensure the solvency of businesses and small non-bank lenders during the extended lockdown period by making available funds to NBFCs.

from Times of India https://ift.tt/2VeTPvM
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