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    <title>Statement on Developmental and Regulatory Policies</title>
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    <description>Liquidity support measures extend TLTRO on Tap for six months and provide fresh special refinance facilities to all India financial institutions to support agriculture, housing and MSME lending. Regulatory changes raise payments banks&#039; per customer balance limit, establish a committee to review ARCs, extend PSL classification for bank lending to NBFCs for on lending, and enhance loan limits against negotiable warehouse receipts. Reforms include revised WMA limits for states, creation of an annual Financial Inclusion Index, phased direct membership for regulated non bank payment operators in centralised payment systems, mandatory interoperability and higher limits for full KYC PPIs, and a one time relaxation on parking ECB proceeds in term deposits.</description>
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    <pubDate>Wed, 07 Apr 2021 18:40:09 +0530</pubDate>
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