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RBI Announces Safeguards for Funds Raised via TLTRO Mechanism - (16 Apr 2020)

BANKING

Reserve Bank of India (RBI) has set a threshold on the deployment of funds raised by a bank through the Targeted Long Term Repo Operations (TLTRO) at 10% to ensure the resources are distributed among many businesses and not cornered by only a few big corporations.

Tags : RBI   SAFEGUARD FOR FUNDS  

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