Within three weeks of launching the rescue act, the RBI#39;s rate setting panel#39;s meeting got advanced to deliver a deep cut of 0.70 percent in key rates, a reduction in cash reserve ratio by 1 percentage point, and an announcement of a three-month repayment moratorium on loan repayments and an assured liquidity support through the Targeted Long Term Repo Operations (TLTROs).Rescue acts, growth measures dominate RBI#39;s platter in 2020; new inflation target awaited in new year
Within three weeks of launching the rescue act, the RBI#39;s rate setting panel#39;s meeting got advanced to deliver a deep cut of 0.70 percent in key rates, a reduction in cash reserve ratio by 1 percentage point, and an announcement of a three-month repayment moratorium on loan repayments and an assured liquidity support through the Targeted Long Term Repo Operations (TLTROs).
Subscribe to:
Post Comments (Atom)
-
The company, one of the leading manufacturers of soda ash, had initiated the process of carving out its textiles business into GHCL Textile...
-
The company did not export units last month while it had dispatched 804 Etios units in in June 2019.
-
Google has tried for years to get Samsung, the world#39;s leading mobile device maker by units sold, to drop its own services and give grea...
No comments:
Post a Comment