Here are the announcements being made by our Reserve Bank of India (RBI) governor Mr. Shaktikanta Das March 27
Here are the announcements being made by our Reserve Bank of India- Repo rate slashed by 75 bps to 4.4%, CRR by 100 bps to 3%, Lander are allowed a 3-month moratorium on all loans
• RBI repo rate cut by 75 basis points to 4.4%.
• The Repo rate now stands at 4.20% V/s 5.15% earlier. LAF cut by 90 bps to 4%.
• Cash Reserve Ratio cut by 100 bps to 3% of NTDL with effect from March 28, 2020.
• Large sell-offs in markets have intensified pressure. RBI will conduct auctions of long term repo operation (LTRO) of three-year tenure up to Rs1 lakh crore at a floating rate linked to the policy rate.
• Measures will result in total liquidity injection of Rs 3.74 lakh crore to the system.
• Mitigating debt servicing burden to prevent transmission of financial stress to the real economy, provide relief to borrowers. A three-month moratorium is announced on payment of installments of loans outstanding on March 1, 2020.
• Investments will be classified as held to maturity (HTM), even in excess of 25% requirement.
• All banks, lending institutions may allow a three-month moratorium on all loans
• Lending companies, banks are allowed to defer interest on working capital repayments by three months. Banks may also reassess working capital cycle and will not be treated as non-performing assets.
• Offshore Rupee NDF Market has been growing rapidly. Net Stable Funding Ratio (NSFR) was required to be introduced from April 1, 2020. Will defer NSFR implementation to October, 2020.
• Incremental CCB (capital conservation buffer) implementation deferred from March 30, 2020 to Sep 30, 2020.
• RBI has injected liquidity of Rs 2.8 lakh crore via various instruments equal to 1.4% of GDP. Along with today’s measures liquidity measures equal to 3.2% of GDP. RBI will take continuous measures to ensure liquidity in the system.
• Indian banking sector is safe & sound. Depositors of commercial banks including Pvt. banks need not worry on the safety of their funds.

Notification link:
https://rbidocs.rbi.org.in/rdocs/PressRelease/PDFs/PR21302E204AFFBB614305B56DD6B843A520DB.PDF
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