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RBI assures more steps to stimulate growth
Thursday, 11 December 2008, 23:20 IST
Kolkata: The central board of the Reserve Bank of India (RBI) Thursday decided to provide refinance facility to the National Housing Bank and Export-Import Bank as part its measures to boost the ailing economy.
"It has been decided to provide refinance facility of an amount of 
40 billion (4,000 crore) to the National Housing Bank. The facility will be available at the prevailing repo rate of 6.5 percent for
Source: IANS
40 billion (4,000 crore) to the National Housing Bank. The facility will be available at the prevailing repo rate of 6.5 percent for
Source: IANS