<h1>RBI Announces Liquidity, Market, and Regulatory Measures; Extends COVID-19 Support, Raises VRR Limit, Updates IT Governance Guidelines.</h1> The statement outlines several developmental and regulatory policy measures. Liquidity measures include extending a Rs. 50,000 crore facility for COVID-19 health services and a Rs. 15,000 crore window for contact-intensive sectors until June 30, 2022. Financial market initiatives involve increasing the Voluntary Retention Route limit by Rs. 1,00,000 crore and allowing banks to engage in the offshore Foreign Currency Settled Rupee Derivatives market. Payment and settlement enhancements include raising the e-RUPI voucher cap and increasing the NACH mandate limit for MSME receivables to Rs. 3 crore. Regulatory updates focus on IT outsourcing and governance, proposing new guidelines for risk management and operational resilience.