Home Tag "RBI governor Shaktikanta Das"

COVID-19 Effects: RBI reduces repo rate by 75 basis points to 4.4%

  NEW DELHI: RBI governor Shaktikanta Das on Friday announced a series of steps to boost liquidity in a stimulus worth 3.2% of GDP to counter the economic impact of the coronavirus outbreak. Here are key points from Das’s announcements: *All lending institutions can allow three-month moratorium on EMI payments. *Deferment on loan and interest […]

PFC signs MoU with Govt. of India detailing targets for FY 2020-21

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