Thanks to RBI for supporting the market in these crises. The restructuring resolution for borrowers for up to Rs 25 crore is certainly a huge help to those businesses who were on the verge of closing. The RBI governor also announced the second tranche of buying of government securities (G-Secs) under the Government Securities Acquisition Programme (G-SAP) 1.0 to be conducted on May 20, 2021. This will definitely soften the bond yields. RBI has opened an on-tap liquidity window of Rs 50,000 crore with tenors of up to three years at the repo rate – four per cent — till March 31, 2022 to boost provision of immediate liquidity for ramping up Covid-related healthcare infrastructure and services in the country. In this volatile period Micro, Medium and Small Enterprises (MSMEs), financial and healthcare sectors are expected to see gains boosting the country’s economy.
By Team Livetstockrates