💨 Abstract

The Reserve Bank of India (RBI) has shifted its stance to a more supportive position for the banking sector, benefiting the industry significantly, according to a CLSA Research report. Measures include liquidity infusion, repo rate cut, and relaxation of regulatory norms. Key changes include reducing risk-weights on microfinance loans and bank loans to non-banking financial companies, easing regulatory pressure, and enhancing credit availability. This shift is expected to improve overall financial stability.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖