RBI Governor announces comprehensive package to mitigate impact of COVID-19, revive growth and preserve financial stability

RBI cuts Repo Rate by 75 basis points to 4.4% and Reverse Repo Rate by 90 basis points to 4% Lending institutions permitted to allow a moratorium of three months on payment of installments in respect of all term loans outstanding as on March 1, 2020 Deferment of […]