RBI announces liquidity of Rs 50,000 crore for ramping healthcare infrastructure

Reserve Bank of India on May 5 announced liquidity of Rs 50,000 crore for ramping up Covid-19 related healthcare infrastructure and services till March 2022. During a press conference, RBI Governor Shaktikanta Das said, “Reserve Bank of India will continue to monitor the emerging Covid-19 situation and will deploy all resources and instruments at its command especially for the citizens, business entities, and institutions beleaguered by the second wave.”