RBI means to halt second wave of borrower defaults: Announces ResFra 2.0

The RBI Governor on May 05, 2021[1] announced a series of measures for improving credit delivery, ensuring that there is sufficient liquidity with the masses, and State Governments have sufficient resources in their effort to deal with the pandemic. The measures include an upto Rs 50000 crore “Covid Loan Book” which qualifies for repo at … Continue reading RBI means to halt second wave of borrower defaults: Announces ResFra 2.0