New Delhi, July 8 -- Union Finance Minister Nirmala Sitharaman will address the post-budget meeting of RBI's central board today and highlight the key points of the Budget including the fiscal consolidation roadmap.
The Minister would also apprise the board of various other announcements made in the Budget to spur growth by touching almost all sectors of the economy with the objective of achieving a USD 5 trillion economy by 2024-25, said an official, according to media reports.
Post Budget announcement, the Reserve Bank of India announced an additional liquidity facility to banks for purchase of assets from and on-lending to non-banking financial companies and housing finance companies. This will enable banks to avail additional liquid...