NBFCs to get funds under on tap TLTRO scheme for incremental lending: RBI

In October last year, the RBI had announced on tap targeted long term repo operations (TLTRO) scheme for banks. It had said to conduct on tap TLTRO with tenors of up to three years for a total amount of up to Rs one lakh crore at a floating rate linked to the policy repo rate. The scheme is available till March 31, 2021.

from Banking/Finance-Industry-Economic Times https://ift.tt/39UixJv