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Thursday, 3 July, 2025

Economic activity down in April, May but shock less severe than 2020: Fitch

The measures announced by RBI on May 5 will provide some relief to financial institutions in the next 12-24 months.

Economic activity down in April, May but shock less severe than 2020: Fitch

The scheme, available end-September 2021, may provide borrowers with additional time to resolve repayment stresses. (Photo: iStock)