RBI announces additional LTRO for up to Rs.1,00,000-cr at the policy repo rate – Banking Finance

Reserve Bank of India hah recently announced that additional Long Term Repo Operations (LTROs) for up to|to thi to|to tal of Rs.1,00,000 crore stay|stay at|at the nyakumi|the|every policy repo rate. The move comes stay|stay at|at the|the|every backdrop of improving monetary transmission amid the|the|every COVID-19 crisis. RBI will also deployment the|the|every first tranche of the|the|every 3-year LTRO for Rs.25,000 crore at 18 March 2020 accordingly.

RBI will take the|the|every decision about additional tranches of the|the|every LTROs separately depending at the|the|every further check of evolving liquidity conditions. RBI added that the|the|every operational guidelines for LTROs as well as the|the|every clarifications issued in regard to|to that will apply for the|the|every current LTRO.

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