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Explained: How RBI is trying to help small businesses with easier funding for NBFCs

Updated : April 17, 2020 03:09 PM IST

The cut in reverse repo rate is RBI’s way of nudging banks to lend money to businesses and people who need it more.
WMA limit has been increased to allow states to borrow more to finance the expenditure on anti-COVID relief work
Explained: How RBI is trying to help small businesses with easier funding for NBFCs

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