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Friday, November 22, 2024

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RBI announces second set of measures to preserve financial stability and help put money in the hands of the needy and disadvantaged.

States and UTs allowed to borrow more to manage COVID-19
Reverse Repo rate reduced from 4.0% to 3.75%
Relief provided to NBFCs and Real Estate Sector
India is projected to turn around and grow at 7.4% in 2021-22 – RBI Governor

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