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Rates slashed, EMIs paused: RBI's stimulus measures enough to counter economic impact of coronavirus?

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The Reserve Bank of India, which advanced a meeting of the rate setting panel by a week, Friday announced a 0.75 per cent cut in its policy rates, infusion of Rs 3.76 lakh crore of liquidity through moves like a cut in cash reserve ratio and also allowed banks to not treat any term loans as NPAs for three months if there is no repayment. ET's MC Govardhana Rangan shares his views on the central bank's measures amid coronavirus crisis. (Text: PTI)

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