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RBI's Covid relief: SFB loans to MFIs get priority sector status

Special liquidity for SFBs to help low-income groups, say experts

Topics
RBI | Coronavirus | Loan repayment

Subrata Panda & Abhijit Lele  |  Mumbai 



Shaktikanta Das, RBI Governor
RBI Governor Shaktikanta Das

To soften the blow of the second pandemic on low-income groups, the of India (RBI) will provide Rs 10,000 crore for three years at the repo rate to banks (SFBs) to lend individuals, small and medium enterprises (SMEs), etc.

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First Published: Wed, May 05 2021. 22:57 IST

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