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
![](/images/rupeesymbols/rs.small.jpg)
![](/images/rupeesymbols/rs.small.jpg)
Source: IANS