The latest level is equivalent to 13.6 percent of the total required reserves, from 0.6 percent on 30 April 2020. - The Monetary Board also approved prudential measures to assist MSMEs. The regulatory capital treatment of MSME exposures was amended to temporarily reduce the risk weights of 2/4  BIS central bankers' speeches  loans granted to MSMEs.
Confidence would most likely be eroded if the Bank succumbed to the request for the underwriting or increase in the outright purchase of government bonds, with or without a limit on the amount or the period.