Which bank recently released ₹50000 crore fund support to healthcare liquidity push in India?

Daily Current Affairs Quiz 6 May 2021

Which bank recently released ₹50000 crore fund support to healthcare liquidity push in India?

A. World Bank

B. New Development Bank

C. Reserve bank of India

D. Awash International Bank

Explanation:

The Reserve Bank of India (RBI) unveiled a host of measures to boost fund flow to the healthcare sector and ease the pain of small borrowers and units. The RBI has opened an on-tap liquidity window of Rs 50,000 crore with tenors of up to three years at the repo rate four per cent, till March 31, 2022 to boost provision of immediate liquidity for ramping up Covid-related healthcare infrastructure and services in the country.

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