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Wednesday, May 5, 2021

RBI announces additional Covid regulatory measures

These include a ₹50,000-cr special term liquidity facility for banks for on-lending to vaccine manufacturers, a ₹10,000-crore long-term repo operation to support small finance banks to on-lend to MSEs, and a resolution framework 2.0 for individuals, small businesses and MSMEs.

from Business Line - Money & Banking https://ift.tt/3vI3PgB

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