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RBI gives rural lending second boost with Rs 10,000 cr facility

RBI gives rural lending second boost with Rs 10,000 cr facility

The facility to the NHB is to shield the housing sector from liquidity disruptions and augment the flow of finance to the sector through housing finance companies, RBI governor Shaktikanta Das said in a statement. While the funds to Nabard will help ameliorate the stress being faced by smaller NBFCs and microfinance institutions in obtaining access to liquidity