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Ease of Doing Business for MSMEs: RBI said it would conduct special three-year long-term repo operations (SLTRO) of Rs 10,000 crore at repo rate for SFBs to provide further support to Covid-hit small business units, micro and small industries, and other unorganised sector entities.
RBI Governor Shaktikanta Das Live Updates: The Reserve Bank of India (RBI) Governor Shaktikanta Das announced a slew of measures and schemes such as second round of loan restructuring and other relief measures.
As an emerging economy, India still operates with a headline tax rate of over 30% and a borrowing rate that remains perennially over 10%.
Pre-listing holding period reduced from 2 years to 1 year; open offer trigger relaxed from 26%to 49%