RBI's steps to incentivise banks to lend more: FM

Finance minister Nirmala Sitharaman on Friday said the RBI has taken a slew of steps to maintain adequate liquidity in the system, incentivise bank credit flows, ease financial stress and enable normal functioning of markets, as part of the second stimulus package to deal with the impact of COVID-19 pandemic. The first stimulus package was announced on March 27.

from Times of India https://ift.tt/2VeesZc