The Governor of our Central Bank (Reserve Bank of India) announced today on 17.04.2020, certain additional measures to tackle COVID-19 crisis. Detailed note on key highlights are attached.
The information contained herein is in summary form based on Governor’s Statement dated 17th April 2020 issued by RBI as per link attached above. The said information should be read with Press Release(s) and directions issued by RBI giving effect to above decisions. While the information is believed to be accurate to the best of our knowledge, we do not make any representations or warranties, express or implied, as to the accuracy or completeness of such information. Reader should conduct and rely upon their own examination, investigation and analysis and are advised to seek their own professional advice. The information and data contained herein is not a substitute for the reader’s independent evaluation and analysis. This document is not an offer, invitation, advice or solicitation of any kind. We accept no responsibility for any errors it may contain, whether caused by negligence or otherwise or for any loss, howsoever caused or sustained, by the person who relies on it.