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Reserve Bank of India steps in to bail out industry, MSME’s. The central bank will ensure adequate liquidity in the system to ease the financial stress caused by the Covid-19 pandemic.

RBI to ensure adequate liquidity in system; cuts reverse repo rate by 25 bps Mumbai, Apr 17 The Reserve Bank of India Governor Shaktikanta Das on Friday said the central bank will ensure adequate liquidity in the system to ease the financial stress caused by the Covid-19 pandemic. The central