Virus lockdown: How RBI can help revive economy ...Middle East

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Virus lockdown: How RBI can help revive economy
With a limited fiscal response so far, the RBI has taken the lead in providing virus relief to the economy. It's cut interest rates by 75 basis points (bps), injected more than $50 billion of liquidity into the financial system, imposed a moratorium on loan repayments and relaxed some regulations on bad loans.

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