Current Affairs - National - Discussion
Discussion Forum : National - Latest Current Affairs (Q.No. 5326)
5326.
What amount will be infused by Reserve Bank of India into the banking system?
Answer: Option
Explanation:
Reserve Bank of India (RBI) declared an infusion of Rs 3.74 lakh crore into the banking system through three measures viz. targeted long-term repo operation (TLTRO), Cash Reserve Ratio (CRR) and marginal standing facility (MSF). The decision has been taken to tackle financial system stress raised due to the COVID-19 outbreak.
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