RBI gets Rs 1.94 lakh crore bids for maiden Rs 25,000 crore LTRO

Deploying an out-of-the-box tool to ensure permanent and deeper liquidity in the system, which hovers over Rs 2.5 lakh crore on a daily basis now, the Reserve Bank on February 6, had announced Rs 1 lakh crore of long-term reverse repo operations beginning this Monday.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2ubcNJe