06-04-2021 01:32 PM | Source: PR Agency
RBI Monetary Policy View by Mr.George Alexander, Muthoot, Muthoot Finance
News By Tags | #248 #607 #3482 #677 #126

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

Below are Quote on RBI Monetary Policy Views by Mr.George Alexander Muthoot, Muthoot Finance

“RBI left the policy rates unchanged for sixth straight time and has avowed to continue accommodative stance as long as necessary to revive growth and help sustain it on a durable basis. This commitment by the central bank was supported by additional measures announced today such as a separate liquidity window of Rs. 15,000 crore for certain contact-intensive sectors and enhancing exposure threshold to Rs. 50 crore from Rs. 25 crore for MSMEs, small businesses and individuals for business loan purposes under Resolution Framework 2.0. Such steps will help borrowers to better mitigate the impact of pandemic’s second wave and we stand resolutely with every Indian to support all finance needs for a truly Atmanirbhar Bharat.”

 

Above views are of the author and not of the website kindly read disclaimer