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COVID: RBI announces liquidity of Rs 50,000 crore for ramping healthcare infrastructure

Video Credit: ANI - Duration: 01:38s - Published
COVID: RBI announces liquidity of Rs 50,000 crore for ramping healthcare infrastructure

COVID: RBI announces liquidity of Rs 50,000 crore for ramping healthcare infrastructure

Reserve Bank of India on May 05 announced liquidity of Rs 50,000 crore for ramping up COVID-19 related healthcare infrastructure and services till March 2022.

During a press conference, RBI Governor Shaktikanta Das said, "Reserve Bank of India will continue to monitor the emerging COVID19 situation and will deploy all resources and instruments at its command especially for the citizens, business entities, and institutions beleaguered by the second wave."


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Credit: Oneindia    Duration: 01:14Published
Sensex up 424 points as RBI unveils COVID relief measures [Video]

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Key equity indices traded in the green on Wednesday as RBI Governor Shaktikanta Das launched the second round of loan restructuring and other relief measures to counter the impact of Covid-19's second wave across the country. At the closing bell, the BSE SandP Sensex was up by 424 points or 0.88 per cent at 48,678 while the Nifty 50 advanced by 121 points or 0.84 per cent to 14,618. Except for Nifty realty which cracked by 1 per cent, all sectoral indices at the National Stock Exchange were in the positive zone with Nifty pharma gaining by 4.1 per cent, private bank by 1.5 per cent, IT by 1.2 per cent and metal by 1 per cent. Among stocks, Sun Pharma was up by 5.8 per cent to Rs 683 per share while Dr Reddy's moved higher by 2 per cent to Rs 5,169.

Credit: ANI    Duration: 01:12Published
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Inflation trajectory over rest of the year will be shaped by COVID: RBI [Video]

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RBI Governor Shaktikanta Das during a press conference informed that the Inflation trajectory over rest of the year will be shaped by COVID-19 infections and impact of localised containment measures on supply chains and logistics. Shaktikanta Das further said, "But even at this time, in run-up to next MPC (Monetary Policy Committee) when our teams are analysing various incoming data, we don't expect any broad deviation from projections made in our April MPC but you'll have to wait for MPC statement due in June 1st week."

Credit: ANI    Duration: 01:01Published

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