BREAKING NEWS
Bengaluru: Tension at railway station over consignment of meat
Heavy rain: School holiday on Saturday in Dharwad and Belagavi except Ramdurg
CBI busts cyber crime network operating from Gurugram; 43 arrested
Shalini Rajneesh to be new Chief Secretary of Karnataka
Salman residence firing: NBW issued against Lawrence Bishnoi’s brother
Brindavan Gardens in Karnataka to be developed like a fantasy park at a cost of Rs 2,663 crore
Karnataka govt. decides to rename Ramanagara district as Bengaluru South
BJP’s charges against CM are part of conspiracy against Congress govt: D K Shivakumar
Paris Olympics: Dhiraj, Ankita shine as Indian archers secure direct QF berths for men’s and women’s events
Mound-burial system of Ahom dynasty in Assam included in UNESCO World Heritage List
Mangaluru: Outrage over pub’s party invite to students
Heavy Rain: Holiday for schools in Udupi’s Hebri Taluk
Spa murder victim tattooed names of his enemies on body; arrested suspect one of them
Revised NEET-UG results declared
Rashtrapati Bhavan’s ‘Durbar Hall’ renamed ‘Ganatantra Mandap’, ‘Ashok Hall’ becomes ‘Ashok Mandap’
PM says RBI measures will enhance liquidity
PTI, Apr 17, 2020, 2:50 PM IST
New Delhi: Prime Minister Narendra Modi on Friday said the announcements made by the Reserve Bank of India will greatly enhance liquidity and improve credit supply.
“These steps would help our small businesses, MSMEs, farmers and the poor. It will also help all states by increasing WMA limits,” he said on Twitter.
RBI Governor Shaktikanta Das has announced new measures to maintain adequate liquidity in the system, facilitate bank credit flow and ease financial stress.
The Bank cut the reverse repo rate and announced a slew of measures including re-finance window of Rs 50,000 crore and targeted long term repo auction of a similar amount to deal with the impact of the COVID-19 pandemic.
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