RBI's Covid Measures - Liquidity, Credit Support; Restructuring 2.0: ICICI Securities
Shaktikanta Das, governor of the Reserve Bank of India (RBI), reacts during a news conference in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)

RBI's Covid Measures - Liquidity, Credit Support; Restructuring 2.0: ICICI Securities

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Securities Report

Taking into consideration the current surge in Covid-19 cases and the related business disruption, the Reserve Bank of India has announced measures to:

  1. provide immediate liquidity to ramp-up healthcare facilities,

  2. support the smallest and the most vulnerable segments; and

  3. ease the financial stress in the system.

The announced measures reflect the regulator’s commitment to deploy resources and instruments to ensure financial stability in the system and continuous monitoring of the situation.

Measures announced being first part of a calibrated, targeted and comprehensive strategy of swift-footed and wide-ranging actions instills confidence.

Also measures are sequenced and well-timed to reach out to the vulnerable sections of society and business (small businesses and financial entities at grass-root level).

Click on the attachment to read the full report:

ICICI Securities BFSI RBI Covid 2 measures.pdf

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.