Higher loan ratio on gold, restructuring of MSME debt among key RBI announcements
RBI governor Shaktikanta Das on Thursday announced a to-do list for the RBI to bolster the economic fight against Covid-19. While keeping the interest rates on hold to contain elevated inflation, RBI allowed banks to restructure some corporate and individual loans. The Central Bank also raised the limit of credits that can be availed against gold ornaments and jewellery. Watch all the key announcements here.
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