RBI Announcements (Dated : 22.05.2020)


  • Reduction in repo rate by 40 bps – from 4.4% to 4%.
  • Term Loan Moratorium extended by another 3 months till 31st August, 2020.
  • A facility of Rs. 15,000 crores of credit for 90 days for US dollar swap facility will be provided to EXIM Bank. This will have a rollover facility to up to one year. 
  • Another 90 days extension for the 90-day term loan facilities to SIDBI. This will provide additional liquidity support to the MSME sector.
  • Maximum permissible period of pre and post shipment of credits increased from 1 year to 15 months.
  • Lending institutions are being permitted to restore the margins for working capital to the origin level by March 31, 2021.
  • Group exposure limit of banks will be increased from 25% to 30%.
  • In order to manage importer's operative cycle, outward remittances against normal imports into India, reduced to 6 months from 12 months.
  • Voluntary retention route for FPIs
    • Voluntary retention route for FPIs announced
    • Extension of 3 months
    • 75% utilisation of investment limits need to be met

Feel free to contact in case of any query or consultation.

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