Wednesday, 5 May 2021

With today’s announcement, RBI focused on the revival of

                                Mr. Anshuman Magazine, Chairman & CEO, India,
                South-East Asia, Middle East & Africa, CBRE
for your kind consideration

“With today’s announcement, RBI focused on the revival of the Indian economy by adding adequate liquidity that ensures further stability of the overall market in the current scenario. The COVID loan scheme will boost economic activity and aid the growth of the MSME’s sector as well. 

The announcement of restructuring of loans for small borrowers is a proactive move as it will provide some relief against asset downgrade and also provide relief to lenders. Liquidity support to the healthcare sector is also a commendable step. These decisions by the central bank to tackle the current situation are much appreciated and well-timed to ensure stability and economic revival.”

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