RBI extends enhanced borrowing limit for banks under MSF till Mar 31

Mumbai: Amid the ongoing economic woes created by the coronavirus pandemic, the Reserve Bank has decided to extend by six months the enhanced borrowing facility provided to banks to meet liquidity shortage till March 31, 2021. The RBI, as a temporary measure, had increased the borrowing limit for scheduled banks …

Read moreRBI extends enhanced borrowing limit for banks under MSF till Mar 31