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Wednesday 30 December 2020

Rescue acts, measures dominate RBI's platter in 2020

The Reserve Bank of India (RBI) acted proficiently during the year to mitigate the impact of the Covid-19 pandemic on the economy. From extending rate cuts, to announcing three-month repayment moratorium on loan repayments and an assured liquidity support through the targeted long term repo operations, the central bank undertook various measures to maintain growth.

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