RBI announces slew of measures, Reverse Repo rate reduced by 25 bps to 3.75%

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Mumbai : The Reserve Bank of India today announced a slew of measures to relief the Corona-hit economy.

Booster # 1 Rs.50,000 crore support to MSMEs

Booster #2 Special refinance package of Rs.50,000 Crore to NABARD, SIDBI, NHB

Booster #3 : Reverse Repo rate reduced by 25 bps to 3.75%

Booster#4 : 60% more funds for the states

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