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.

from Times of India https://ift.tt/34QiwSu