Pay digital, stay safe to maintain social distancing, says RBI Governor Shaktikanta Das

Credit: Zee News- Published on March 30, 2020
Amid the rising coronavirus cases in India, Reserve Bank of India (RBI) Governor Shaktikanta Das on Sunday urged the people of the country to adopt digital mode of payment as part of social distancing to curb the spread of COVID-19 in the country.

Video credit: HT Digital Content
Published on March 27, 2020 -  02:29
RBI cuts repo rate by 75 bps, allows 3-month moratorium on EMIs
RBI Governor Shaktikanta Das announced the reduction of repo rate amid COVID-19 pandemic. During a press conference in Mumbai, Das said, โ€œThe Monetary Police voted to reduce repo rate by 75 basis points to 4.4 per cent. The reverse repo-rate was reduced by 90 basis points to four per cent.โ€ RBI also permitted banks to allow a three-month moratorium on EMIs of all term loans. The banks include all regional rural banks, cooperative banks and NBFCs. Das also said deferment will not impact the credit history of the borrower. Watch the full video for more details.

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Amid the rising coronavirus cases in India, Reserve Bank of India (RBI) Governor Shaktikanta Das on Sunday urged the people of the country to adopt digital mode...
on March 30, 2020 • Zee News

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