RBI's Covid Measures - Liquidity, Credit Support; Restructuring 2.0: ICICI Securities
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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:
provide immediate liquidity to ramp-up healthcare facilities,
support the smallest and the most vulnerable segments; and
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).
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