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RBI announcements to safeguard economy from impact of coronavirus: PM Modi.


Date: 27-03-2020
Subject: RBI announcements to safeguard economy from impact of coronavirus: PM Modi
Prime Minister Narendra Modi on Friday said the Reserve Bank of India (RBI) had taken giant steps to safeguard the economy from the impact of the coronavirus.

The RBI cut the benchmark interest rate by 75 basis points to 4.4 percent on Friday to deal with the hardship caused due to the outbreak of COVID-19.

Source:- moneycontrol.com

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