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RBI to ensure adequate liquidity in system; cuts reverse repo rate by 25 basis points

Hindu Friday, 17 April 2020
Shaktikanta Das further said surplus liquidity in the banking system has increased substantially as result of central bank’s actions.
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Video credit: Oneindia - Published
News video: RBI cuts reverse repo rate by 25 points to boost liquidity, Rs.50,000-crore push for lenders

RBI cuts reverse repo rate by 25 points to boost liquidity, Rs.50,000-crore push for lenders 01:14

RESERVE BANK OF INDIA GOVERNOR SHAKTIKANTA DAS TODAY BROUGHT IN A SLEW OF MEASURES TO PROVIDE LIQUIDITY, FACILITATE BANK CREDIT, ENABLE NORMAL FUNCTIONING OF THE MARKETS, AND EASE FINANCIAL STRESS TO AN ECONOMY STRUGGLING AGAINST THE DEADLY CORONAVIRUS. AMONG THE EMERGENCY MEASURES TODAY, RBI CUT THE...

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