RBI Governor Shaktikanta Das exhorts people to go digital amid coronavirus crisis

In a very unconventional and unprecedented move, the Reserve Bank in an early morning conference announced a huge Rs 3.74 lakh crore liquidity support to the banking sector, and decided to cut the key repo rate by a significant 75 basis points of 0.75 percentage points to 4.4 per cent.

from Banking/Finance-Industry-Economic Times https://ift.tt/3bs4TLo