Explorer

Debate: How will RBI's steps of maintaining liquidity in market help economy?

The Reserve Bank of India (RBI) has announced some major moves to revive the Indian economy amid Coronavirus outbreak. RBI Governor Shaktikanta Das declared the cutting of its reverse repo rate by 25 basis points to 3.75 percent.
On the other hand, RBI will launch a long-term repo operations (TLTROs) worth Rs 50,000 crore in order to provide assistance to non-banking financial companies. Another Rs 50,000 crore will be lent to institutions such as NABARD, SIDBI and NHB.

But how will these steps help the economy? How will these steps affect you? Here is a debate to explain all about it

India Videos

Sambhal Violence: Police Halt Mata Prasad Pandey's Sambhal Visit Amid Tensions | ABP News
Sambhal Violence: Police Halt Mata Prasad Pandey's Sambhal Visit Amid Tensions | ABP News

New Reels

View More
Advertisement

Photo Gallery

Advertisement

Videos

Sambhal Violence: Police Halt Mata Prasad Pandey's Sambhal Visit Amid Tensions | ABP NewsRahul Gandhi & Priyanka Gandhi's First Visit To Wayanad Post Election Victory | ABP NewsMaharashtra New CM News: What Would Be Eknath Shinde's Strategic Move? | ABP NewsSambhal Violence: Judicial Probe Team to Visit Sambhal Today Amid Violent Clashes | ABP News
25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Advertisement

Top Headlines

Election Commission Invites Congress To Air Concerns On Maharashtra Polling Discrepancies
Election Commission Responds To Congress's Claims On Polling Discrepancies In Maharashtra
Why Mahayuti Is Not Being Able To Choose A Chief Minister In Maharashtra
Why Mahayuti Is Not Being Able To Choose A Chief Minister In Maharashtra
Bengal Minister's Solution To China Threat: 'Hum Do, Humare Chaar' — WATCH
Bengal Minister's Solution To China Threat: 'Hum Do, Humare Chaar' — WATCH
Cyclone Fengal Forces Chennai Airport To Suspend Operations — Details
Cyclone Fengal Forces Chennai Airport To Suspend Operations — Details
Advertisement
ABP Premium
Embed widget