RBI announces slew of financial measures as 2nd wave Covid-19 hits nation

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RBI announces slew of financial measures as 2nd wave Covid-19 hits nation

timestampMay 05, 2021 authorAlShorts Web Desk

Reserve Bank of India governor Shaktikanta Das announced number of schemes and relief measures amid rising financial tension as country battles second wave of COVID-19. The measure includes an immediate liquidity scheme of INR500 billion for three years tenure for banks. This move will help banks to extend COVID-19 loans for healthcare entities in the country.

Latest News

EU expresses solidarity with India, vows to work 'Ek Saath' with PM Modi

Crashed nine-seater aircraft in Gwalior worth INR650 million wasn’t insured

100 Million Meals campaign concludes with a whopping 216 million meals

COVID-19 cases remain high in some parts of America

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