RBI announces the second set of measures to help banks and NBFCs

A reduction in reverse repo rate, Targeted Long-Term Repo operation (TLTRO) 2.0, are among efforts to increase liquidity. By Vivek Kumar M Keeping up with the expectations of Non-Banking Finance Companies (NBFCs) and Micro Finance Institutions (MFIs), the Reserve Bank of India (RBI), announced several liquidity measures to ensure their healthy functioning amid the COVID-19 […]

Continue Reading