RBI to provide ₹50,000-cr refinance to all-India financial institutions

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The Reserve Bank of India (RBI) will provide refinance aggregating ₹50,000 crore to All India Financial Institutions (AIFIs).

The National Bank for Agriculture and Rural Development will get ₹25,000 crore, National Housing Bank ₹10,000 crore, and Small Industries Development Bank of India ₹15,000 crore.

Also read: RBI sets up G-SAP for orderly G-Sec market

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