Targeted intervention To Help Reviving Growth – RBI

The Reserve Bank Of India reducing the assets, provision for the home loans and also reviving growth and rate cuts.Deputy Governor Viral Archarya said to the media to work on the interest rate policy for growing challenges for the targeted intervention.

From the reports, the GDP noted to 6.1 percent for the January to March 2017 period.The RBI also decided to decrease the statutory liquidity ratio or government bonds by 0.5% to 20%. Individual housing loans were also reduced by the RBI and lowered the risk of lending.

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