The RBI made some big announcements on Friday to bail out the severe setbacks caused by the Indian economy. The RBI has cut the reverse repo rate by 25 basis points. The Reserve Bank has announced to bring 50 thousand crore rupees into the system through the Targeted Long Term Repo Operation (TLTRO) of 50 thousand crores. During this PC, the Governor of RBI also thanked some employees, to see who those employees are, watch this video.
