Reserve Bank of India (RBI) Governor Shaktikanta Das today announced a new set of measures in an effort to strengthen the financial system’s response to the Covid-19 fueled slowdown that has affected our economy.
The RBI Governor said the central bank has taken a number of steps to ensure normal business functioning by the entire banking sector.
He said that as the country is facing a tough time, banks have ensured regular refilling of ATMs, despite logistical challenges. "On an average, ATM operations stood at over 91 per cent of full capacity.
The average availability of Business Correspondents (BCs) is over 80 per cent. Regional offices of the RBI have supplied fresh currency of ₹1.2 lakh crore from March 1 till April 14, 2020 to.