RBI Governor Shaktikanta Das

Photo: Business Today

RBI To Provide Rs 50,000 Cr Under Priority Sector Lending For COVID-19

The Reserve Bank of India has announced Rs 50,000 crore under the priority sector lending for the COVID-related health infrastructure. RBI Governor Shaktikanta Das on May 5 said that the amount will be dispersed till March 31, 2022, and it will be used for hospitals, oxygen suppliers, vaccines and drugs among other COVID requirements. Besides, he stated that banks will be creating a COVID-19 loan book for this purpose. 

Wed, 05 May 2021 - 03:56 PM / by Nikita Thakur

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