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Updated: Aug 06, 2020, 07:35 PM IST

RBI announces regulatory developmental measures for micro-economic conditions in wake of COVID-19

While media brief, RBI Governor Shaktikanta Das said, 'With COVID-19 infections rising under fragile micro-economic and financial conditions, we propose to take regulatory and developmental measures - enhance liquidity support for financial markets, ease financial stress caused by COVID-19 while strengthening credit discipline improve the flow of credit, to deepen digital payment systems and facilitate innovations by leveraging technology.'

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While media brief, RBI Governor Shaktikanta Das said, 'With COVID-19 infections rising under fragile micro-economic and financial conditions, we propose to take regulatory and developmental measures - enhance liquidity support for financial markets, ease financial stress caused by COVID-19 while strengthening credit discipline improve the flow of credit, to deepen digital payment systems and facilitate innovations by leveraging technology.'

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