Key Measures by RBI - RBI Governor Mr. Shaktikanta Das

- Repo rate reduced by 75 basis points to 4.4.% (Decided by 4-2 majority)
- Reverse repo-rate reduced by 90 basis points to 4%
- Banks / NBFCs to get 3-month moratorium on payment of all term loans
- Loan moratorium to not result in asset classification downgrade
- Deferment on interest payment on working capital
- Rs. 3.74 lakh crore to be injected in today's liquidity steps
- Widened LAF corridor to 65 bps
- Indian Banking System is safe and sound
- RBI to unleash array of instruments from arsenal to revive growth and preserve financial stability
- CRR cut to unlock primary liquidity of Rs. 1.37 lakh crore

Source : Equity Bulls

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