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RBI to provide Rs 50,000 crore refinance facility to NABARD, SIDBI and NHB

Updated : April 18, 2020 05:23 PM IST

Reserve Bank of India Governor Shaktikanta Das today announced a series of steps to help revive the Indian economy.
The central bank said it would provide a Rs 50,000 crore refinance facility for institutions-- NABARD, SIDBI and NHB.
The interest rate for this refinance facility will be charged at repo rate i.e. 4.4 percent.
RBI to provide Rs 50,000 crore refinance facility to NABARD, SIDBI and NHB

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