RBI package โ€“ Whatโ€™s in it for you

Repo and reverse repo rate cut, asymmetric LAF corridor, Long Term Repo Operations, moratorium. With words like these used freely in RBIโ€™s package announced on Friday, ordinary borrowers and investors may be wondering if they have anything to cheer about. If youโ€™ve been puzzled too, here are the measures explained in plain English.

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