The Reserve Bank of India on Friday unveiled the second tranche of liquidity and regulatory measures that are aimed at defusing the Covid-19-induced crisis.
Announcing a slew of measures on Friday, the RBI also cut the reverse repo rate by 25 bps from 4 per cent to 3.75 per cent to discourage banks from deploying surplus funds with it. The quantum of surplus funds with banks can be gauged from the fact that on April 15, the RBI absorbed ₹6.9-lakh crore through reverse repo operations. The lower rate will help banks channelise liquidity in investments and loans to productive sectors of the economy. The reverse repo rate was last cut on March 27 from 4.9 per cent to 4 per cent.
この記事は The Hindu Business Line の April 18, 2020 版に掲載されています。
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この記事は The Hindu Business Line の April 18, 2020 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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