Mark to Market

35: The RBI shield for the economy and whether it would work

Episode Summary

The RBI has reduced its policy rate by 40 basis points. It has extended the benefits of loan moratorium and working capital interest deferral to 31 August. In short, if you are a businessman, you still have more time to pay back your loan.

Episode Notes

The RBI has reduced its policy rate by 40 basis points. It has extended the benefits of loan moratorium and working capital interest deferral to 31 August. In short, if you are a businessman, you still have more time to pay back your loan.