The RBI has actually made life easier for banks; it has actually given the govt. the hint for a fiscal support plan
The RBI has instilled oxygen into the monetary system with a 2nd set of procedures revealed on Friday by Guv Shatikanta Das to combat the lockdown impact on the economy. The majority of are intended at maintaining liquidity, the economy’s lifeblood, though there are some regulative proposals intended at making life much easier for banks, NBFCs and borrowers.