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Narendra Modi

Narendra Damodardas Modi (born 17 September 1950) is an Indian politician serving as the 14th and current Prime Minister of India since 2014. He was the Chief Minister of Gujarat from 2001 to 2014 and is the Member of Parliament for Varanasi. Modi is a member of the Bharatiya Janata Party (BJP) and of the Rashtriya Swayamsevak Sangh (RSS), a Hindu nationalist volunteer organisation. He is the first prime minister outside of the Indian National Congress to win two consecutive terms with a full majority and the second to complete five years in office after Atal Bihari Vajpayee.

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Narendra Modi Shaktikanta Das city New Delhi India covid-19 2020 Narendra Modi Shaktikanta Das city New Delhi India

PM Modi praises RBI Governor's announcements saying it will improve liquidity

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www.livemint.com

NEW DELHI : Prime Minister Narendra Modi today said the announcements made by Reserve Bank of India (RBI) Governor will improve liquidity and credit supply and also help small businesses, farmers and poor. "Today’s announcements by @RBI will greatly enhance liquidity and improve credit supply.

These steps would help our small businesses, MSMEs, farmers and the poor. It will also help all states by increasing WMA limits," PM Modi said on Twitter.

RBI Governor Shaktikanta Das today announced new measures to maintain adequate liquidity in system, facilitate bank credit flow and ease financial stress.

The central bank announced that it will conduct targetted LTRO of ₹50,000 crore, cut reserve repo rate by 25 basis points and eased NPA rules

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