Friday, March 27, 2020

PM, FM, industry welcome RBI 'bazooka' of interest rate cut, liquidity measures

Finance Minister Nirmala Sitharaman said,"appreciate RBI Governor Shaktikanta Das' reassuring words on financial stability. The 3-month moratorium on payments of term loan installments (EMI) and interest on working capital give much-desired relief. The slashed interest rate needs quick transmission."

from Economy-News-Economic Times https://ift.tt/2xpm1CX
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