Source: Moneycontrol

RBI: RBI gets Rs 1.13 lakh crore worth bids in targeted LTRO

The central bank said liquidity availed under TLTRO by banks has to be deployed in investment grade corporate bonds, commercial paper, and non-convertible debentures over and above the outstanding level of their investments in these bonds as on March 27, 2020.

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RBI is a central banking institution that formulates, regulates and controls the monetary policy of issuing currency and... Read more