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Supporting growth outweighs inflation unease - The Hindu BusinessLine

Supporting growth outweighs inflation unease - The Hindu BusinessLine
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Monetary Policy Committee , On Tap Targeted Long Term Repo Operations , Resolution Framework , President Ratings , பண பாலிஸீ குழு , ஆன் தட்டவும் இலக்கு நீண்டது கால ரெப்போ செயல்பாடுகள் , தீர்மானம் கட்டமைப்பு ,

RBI in 2020: How the central bank supported the economy and fiscal policy in a pandemic year

Updated Dec 31, 2020 | 17:56 IST
After two rounds of rate cuts in March and May, RBI did not cut rates further but focused on revival, relief measures and liquidity using multiple tools to contain shocks and headwinds.
Representational Image | Photo Credit: PTI
Key Highlights
RBI announced special OMO of Rs 20,000 crore and on-tap TLTRO of Rs 1 lakh crore
To mitigate the shocks on the banking sector and in-turn the economy from a sudden pile up of non-performing assets, the RBI allowed for restructuring of loans without downgrading accounts
Another intervention by RBI this year was the decision to merge Lakshmi Vilas Bank with DBS Bank India ....

Shaktikanta Das , Bank India , Lakshmi Vilas Bank , Monetary Policy Committee , Photo Credit , Reserve Bank , Market Operations , On Tap Targeted Long Term Repo Operations , வங்கி இந்தியா , லட்சுமி விலாஸ் வங்கி , பண பாலிஸீ குழு , புகைப்படம் கடன் , இருப்பு வங்கி , சந்தை செயல்பாடுகள் , ஆன் தட்டவும் இலக்கு நீண்டது கால ரெப்போ செயல்பாடுகள் ,